Rental prices in Downtown Buffalo, Buffalo, NY have increased by 4.4% over the past year. The average rent moved from $1,196 to $1,249.
Check out the average rent in Buffalo.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Buffalo, Buffalo, NY is $1,249.
The average monthly rent for an apartment in Downtown Buffalo, Buffalo, NY is around $1,249.
A share of 10% of apartments in Downtown Buffalo, Buffalo, NY have the cheapest rents between ≤ $1000. Around 5% of rentals are $2,001-$2,500. Around 81% of Downtown Buffalo's apartments have monthly rents between $1,001-$1,500. There are 4% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Downtown Buffalo, Buffalo, NY (81%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Downtown Buffalo, Buffalo, NY 1 bedroom apartment size is 1,000 sq. ft.
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.
In total, Downtown Buffalo, Buffalo, NY has 1,104 residents, 532 women and 572 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Buffalo’s population is 35.
There is a total of 672 households in Downtown Buffalo, Buffalo, NY. Of these, 67 have children and 605 are without children. Per Census Bureau’s most current estimates, 167 family households and 505 non-family households live in this area. The size of a household in Downtown Buffalo is 0.98 people, on average. The median household annual income in Downtown Buffalo equals $48,260, and the monthly housing costs equal $1,118.
According to data from the U.S. Census Bureau, 4% of the population in Downtown Buffalo, Buffalo, NY have no high school education, 32% went to high-school, and 13% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 27% hold a Bachelor Degree, and 16% hold a Graduate Degree.
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