Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 5.77
Mortgage as Percentage of Income: 52.09%
Loan Affordability Index: 1.92
Price to Rent Ratio - City Centre: 13.14
Price to Rent Ratio - Outside of Centre: 13.15
Gross Rental Yield (City Centre): 7.61%
Gross Rental Yield (Outside of Centre): 7.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,466.33 $ 950.00-2,225.00
Apartment (1 bedroom) Outside of Centre 1,308.33 $ 800.00-1,950.00
Apartment (3 bedrooms) in City Centre 2,800.00 $ 1,300.00-5,700.00
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 401.21 $ 167.97-867.71
Price per Square Feet to Buy Apartment Outside of Centre 328.04 $ 167.97-648.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,402.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 6.19-6.95

These data are based on 94 entries in the past 18 months from 28 different contributors.
Last update: February 2024

Sources and References
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