Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 3.23
Mortgage as Percentage of Income: 29.01%
Loan Affordability Index: 3.45
Price to Rent Ratio - City Centre: 7.35
Price to Rent Ratio - Outside of Centre: 9.21
Gross Rental Yield (City Centre): 13.61%
Gross Rental Yield (Outside of Centre): 10.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,566.67 $ 1,200.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,193.75 $ 1,000.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,075.00 $ 1,500.00-2,600.00
Apartment (3 bedrooms) Outside of Centre 1,725.00 $ 1,500.00-2,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 2,212.75 $ 1,808.00-9,340.00
Price per Square Meter to Buy Apartment Outside of Centre 2,186.91 $ 1,808.00-6,977.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,400.83 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.19-6.80

These data are based on 102 entries from 27 contributors over the past 18 months.
Last update: May 2025

Sources and References
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