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Niagara Falls, NY

Full City Profile · New York · Niagara County County

2.9 /5.0
C+ Fair
48,198 Population 3,423/sq mi density
$48,535 Median Income $30,033 per capita
$104,400 Home Value $162,132 Zillow
$784 Median Rent 34.9% income on rent
49°F Avg Temperature 260 sunny days/yr
900 Violent Crime/100K 3,858 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$48,535 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$104,400 home value, $784/mo rent
F
Safety
1.0 / 5.0
900 violent crimes/100K (137% above avg)
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher

Housing Overview

Median Home Value
$104,400
63% below
US avg: $281,900
Median Rent
$784/mo
33% below
US avg: $1,163/mo
Homeownership Rate
57.5%
12% below US avg (65.4%)
Total Housing Units
26,141
Median year built: 1947

Home Value by Source

Census Median
$104,400
Zillow (ZHVI)
$162,132
Median Sale Price
$155,000
Median List Price
$174,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.5%
Owner-Occupied
42.5%
Renter-Occupied
58%
43%
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: $784/mo · Zillow rent: $1,096/mo

Market Indicators (Redfin)

Median Days on Market
38 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
45
Price Drops
15.8%
of listings with price reduction
Price Per Sq Ft
$92
Active Inventory
158
homes for sale

Affordability & Housing Stock

Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
57.5%

Complete Housing Data

Home Values

Census Median Value$104,400
Zillow Home Value (ZHVI)$162,132
Median Sale Price$155,000
Median List Price$174,900
Price Per Sq Ft$92

Rent

Census Median Rent$784
Zillow Rent (ZORI)$1,096
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 Market38
Sale-to-List Ratio0.9%
Price Drops15.8%
Homes Sold45
Active Inventory158
Price Per Sq Ft$92

Ownership & Stock

Owner-Occupied57.5%
Renter-Occupied42.5%
Homeownership Rate57.5%
Total Housing Units26,141
Median Year Built1947
Rent Burden34.9%