Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 3.34
Mortgage as Percentage of Income: 28.90%
Loan Affordability Index: 3.46
Price to Rent Ratio - City Centre: 9.28
Price to Rent Ratio - Outside of Centre: 7.85
Gross Rental Yield (City Centre): 10.77%
Gross Rental Yield (Outside of Centre): 12.74%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $1,685.62 1,400.00-2,190.00
1 Bedroom Apartment Outside of City Centre $1,102.22 1,000.00-1,500.00
3 Bedroom Apartment in City Centre $2,346.25 1,600.00-3,740.00
3 Bedroom Apartment Outside of City Centre $1,610.00 1,430.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $284.75 183.02-318.65
Price per Square Feet to Buy Apartment Outside of Centre $160.47 136.57-200.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,583.60
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.07 6.00-6.67

These data are based on 104 entries from 15 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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