Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 11.68
Mortgage as Percentage of Income: 107.60%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 22.15
Price to Rent Ratio - Outside of Centre: 21.96
Gross Rental Yield (City Centre): 4.52%
Gross Rental Yield (Outside of Centre): 4.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,752.56 $ 950.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,466.67 $ 800.00-2,800.00
Apartment (3 bedrooms) in City Centre 2,987.50 $ 1,100.00-6,250.00
Apartment (3 bedrooms) Outside of Centre 2,405.56 $ 1,300.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 767.95 $ 167.97-998.99
Price per Square Feet to Buy Apartment Outside of Centre 626.76 $ 167.97-819.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,214.60 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.88 6.19-7.71

These data are based on 131 entries in the past 18 months from 32 different contributors.
Last update: July 2024

Sources and References
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