Average Rent in Buffalo, NY

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Current Versus Historical Buffalo, NY Rents

Buffalo rentals average $950 for a studio rental to $2,000 for a 4-bedroom rental. The median price of all currently available listings is $1,500, or roughly $14 per square feet.

For the apartment units and housing in August 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $58 (-5.26%) year-over-year from $1,108 to $1,050. 1-bedroom rentals prices have increased by $231 (21.64%) year-over-year from $1,067 to $1,298. 2-bedroom rentals prices have increased by $310 (26.05%) year-over-year from $1,190 to $1,500. 3-bedroom rentals prices have increased by $158 (11.80%) year-over-year from $1,342 to $1,500. 4-bedroom rentals prices have increased by $258 (14.03%) year-over-year from $1,842 to $2,100. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 10.04% this month. 1-bedroom rents have gone up by 2.57% this month. 2-bedroom rents have gone up by 12.78% this month. 3-bedroom rents have gone up by 5.88% this month. 4-bedroom rents have gone up by 6.78% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$1,050	$1,108 (-5.26%)	$1,145 (-8.28%)
1 BR	$20.89	$1,298	$1,067 (21.64%)	$1,050 (23.57%)
2 BR	$15.45	$1,500	$1,190 (26.05%)	$1,187 (26.40%)
3 BR	$12.75	$1,500	$1,342 (11.80%)	$1,358 (10.50%)
4+ BR	$14.44	$2,100	$1,842 (14.03%)	$1,433 (46.51%)

Historical Rents in Buffalo, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Buffalo

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Buffalo

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Buffalo

There are a total of 2 counties located by Buffalo, NY. Some of these counties include Buffalo, NY and Amherst, NY. The average rent for rentals in these counties is $1,825. That's roughly around $17 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Buffalo, NY. Its average rent per month is $1,500. Vice versa, with an average rent of $2,150, Amherst, NY is the most expensive county by Buffalo, NY.

Typically, rent for studios in Buffalo, NY is 50.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Buffalo, NY is 4.90% more affordable than other counties nearby. Finally, rent for two bedrooms in Buffalo, NY is 6.67% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Buffalo, NY	$950	$1,275	$1,500	$1,500
Amherst, NY	N/A	$1,400	$1,700	$2,150

Top Zipcodes Near Buffalo

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Buffalo Average Rents

What is the average rent price in Buffalo, NY?

The average monthly rental price for Buffalo, NY apartments for rent is approximately $1,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Buffalo, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Buffalo, NY.

How much is a studio apartment in Buffalo, NY?

The average monthly rental price for studio apartments is $950. There are a total of 1 studio apartment listings currently available for rent in Buffalo.

How much is a one bedroom apartment in Buffalo, NY?

The average monthly rental price for one bedroom apartments is $1,275 and an average price per square feet of $20.89. There are a total of 29 one bedroom apartment listings currently available for rent in Buffalo.

How much is a two bedroom apartment in Buffalo, NY?

The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $15.45. There are a total of 75 two bedroom apartment listings currently available for rent in Buffalo.

How have rent prices in Buffalo, NY changed this year?

Rent prices for rentals in Buffalo, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.26%, three bedroom rental prices have changed by 0.12% year-over-year.

What is a reasonable rent price in Buffalo, NY?

A reasonable rent price in Buffalo, NY is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.