Downtown Buffalo, Buffalo, NY Rental Market Trends

Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Downtown Buffalo, Buffalo, NY

Last updated: February 23, 2026

Downtown Buffalo, Buffalo, NY rent trends

Rental prices in Downtown Buffalo, Buffalo, NY have increased by 21.39% over the past year. The average rent moved from $1,408 to $1,710.

What's the typical rent budget in Downtown Buffalo, Buffalo, NY?

The largest share of rentals in Downtown Buffalo, Buffalo, NY (54%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Buffalo, Buffalo, NY?

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Average Rent in Buffalo, NY By Neighborhood

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Buffalo | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Downtown Buffalo is 58% higher than in Allentown

$1,710

Downtown Buffalo rent is the same as Buffalo average

Average Rent $1,710
$1,080

Allentown rent is 37% lower than Buffalo average

Average Rent $1,080

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Buffalo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.