Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 5.69
Mortgage as Percentage of Income: 51.37%
Loan Affordability Index: 1.95
Price to Rent Ratio - City Centre: 12.93
Price to Rent Ratio - Outside of Centre: 13.33
Gross Rental Yield (City Centre): 7.73%
Gross Rental Yield (Outside of Centre): 7.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,514.00 $ 950.00-2,225.00
Apartment (1 bedroom) Outside of Centre 1,278.57 $ 800.00-1,950.00
Apartment (3 bedrooms) in City Centre 2,557.14 $ 1,100.00-5,700.00
Apartment (3 bedrooms) Outside of Centre 2,043.75 $ 1,100.00-3,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 385.91 $ 167.97-867.71
Price per Square Feet to Buy Apartment Outside of Centre 328.03 $ 167.97-648.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,377.96 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 6.19-6.95

These data are based on 98 entries in the past 18 months from 27 different contributors.
Last update: April 2024

Sources and References
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