Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 8.56
Mortgage as Percentage of Income: 71.72%
Loan Affordability Index: 1.39
Price to Rent Ratio - City Centre: 22.55
Price to Rent Ratio - Outside of Centre: 23.66
Gross Rental Yield (City Centre): 4.44%
Gross Rental Yield (Outside of Centre): 4.23%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,408.89 $ 1,000.00-2,225.00
Apartment (1 bedroom) Outside of Centre 1,118.75 $ 800.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,671.43 $ 1,500.00-4,200.00
Apartment (3 bedrooms) Outside of Centre 1,812.50 $ 1,200.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 659.30 $ 127.93-949.99
Price per Square Feet to Buy Apartment Outside of Centre 512.35 $ 87.05-749.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,683.80 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.68 5.43-6.95

These data are based on 74 entries in the past 18 months from 14 different contributors.
Last update: March 2023

Sources and References
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