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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
43%
57%
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 Market34
Sale-to-List Ratio1.0%
Price Drops17.8%
Homes Sold115
Active Inventory349
Price Per Sq Ft$116

Ownership & Stock

Owner-Occupied42.7%
Renter-Occupied57.3%
Homeownership Rate42.7%
Total Housing Units136,421
Median Year Built1938
Rent Burden31.3%