Buffalo, NY
Full City Profile · New York · Erie County County
3.0
/5.0
B
Good
276,397
Population
6,845/sq mi density
$48,050
Median Income
$30,995 per capita
$152,300
Home Value
$232,351 Zillow
$989
Median Rent
31.3% income on rent
51°F
Avg Temperature
237 sunny days/yr
991
Violent Crime/100K
3,245 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$48,050 median income, 4.3% unemployment
A+
Affordability
4.9 / 5.0
$152,300 home value, $989/mo rent
F
Safety
1.0 / 5.0
991 violent crimes/100K (161% above avg)
B
Education
3.4 / 5.0
30.3% bachelor's degree or higher
Housing Overview
Median Home Value
$152,300
46% below
US avg: $281,900
Median Rent
$989/mo
15% below
US avg: $1,163/mo
Homeownership Rate
42.7%
35% below US avg (65.4%)
Total Housing Units
136,421
Median year built: 1938
Home Value by Source
Census Median
$152,300
Zillow (ZHVI)
$232,351
Median Sale Price
$200,000
Median List Price
$199,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
42.7%
Owner-Occupied
57.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$989/mo
· Zillow rent:
$1,381/mo
Market Indicators (Redfin)
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
115
Price Drops
17.8%
of listings with price reduction
Price Per Sq Ft
$116
Active Inventory
349
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
42.7%
Complete Housing Data
Home Values
| Census Median Value | $152,300 |
| Zillow Home Value (ZHVI) | $232,351 |
| Median Sale Price | $200,000 |
| Median List Price | $199,900 |
| Price Per Sq Ft | $116 |
Rent
| Census Median Rent | $989 |
| Zillow Rent (ZORI) | $1,381 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 34 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.8% |
| Homes Sold | 115 |
| Active Inventory | 349 |
| Price Per Sq Ft | $116 |
Ownership & Stock
| Owner-Occupied | 42.7% |
| Renter-Occupied | 57.3% |
| Homeownership Rate | 42.7% |
| Total Housing Units | 136,421 |
| Median Year Built | 1938 |
| Rent Burden | 31.3% |
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