Rentometer, Inc. | Data as of 01/11/2026
Buffalo, New York offers a dynamic rental market that blends historic charm with modern convenience. From the bustling waterfront of Downtown to the tree‑lined streets of Elmwood Village, renters enjoy easy access to cultural landmarks such as the Albright‑Knox Art Gallery, the historic Frank Lloyd Wright‑designed houses, and the vibrant Canalside district. The city’s robust public transit and growing job sector make it an attractive destination for professionals, students, and families alike.
Apartment options dominate the market, with studios typically priced in the $1100‑$1200 range and one‑bedroom units hovering around the $1200‑$1300 bracket. Larger layouts, including two‑ and three‑bedroom apartments, often fall within the $1300‑$1500 range, while spacious four‑plus‑bedroom apartments can approach the $1400‑$1700 tier. For those seeking more space, single‑family homes provide competitive alternatives: one‑bedroom houses are commonly found in the $800‑$950 range, two‑bedroom homes around $1000‑$1400, and three‑bedroom properties near the $1500‑$1650 level. Premium four‑plus‑bedroom homes are available in the $2200‑$2300 segment, offering ample room for larger families.
Neighborhoods such as Allentown, North Buffalo, and the University Heights area each bring distinct character and amenities, from bustling cafés and boutique shops to quiet parks and top‑rated schools. Whether you’re looking for a lively urban loft or a quiet family home, Buffalo’s rental landscape provides diverse choices that cater to a wide range of lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,116 | $1,087 | $725 - $1,525 | $995 - $1,239 |
| Apartment | 1 Bedroom | $1,323 | $1,225 | $500 - $3,820 | $1,067 - $1,575 |
| Apartment | 2 Bedroom | $1,562 | $1,400 | $575 - $3,042 | $1,099 - $1,950 |
| Apartment | 3 Bedroom | $1,597 | $1,446 | $610 - $7,000 | $1,120 - $1,750 |
| Apartment | 4+ Bedroom | $1,382 | $1,300 | $675 - $3,000 | $844 - $1,750 |
| House | 1 Bedroom | $1,223 | $975 | $635 - $2,655 | $800 - $1,050 |
| House | 2 Bedroom | $1,335 | $1,050 | $450 - $3,999 | $850 - $1,600 |
| House | 3 Bedroom | $1,579 | $1,472 | $698 - $3,250 | $1,150 - $1,850 |
| House | 4+ Bedroom | $2,349 | $2,200 | $1,200 - $4,250 | $1,650 - $3,000 |
In the current period, the average rent in Buffalo was $1,116 for Studio, $1,319 for 1 Bedroom, $1,525 for 2 Bedroom, $1,590 for 3 Bedroom, and $1,778 for 4+ Bedroom.
Data provided by Rentometer, Inc.