Market Summary

Buffalo, Erie County, NY

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Median Home Price Price

$227,536 $227.5K

Median Monthly Rent Rent

$1,345 $1.3K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Erie County

Region Price Rent GRM Display
Depew
$248,673 $1,382 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of Erie County

Region Price Rent GRM Display
South Glens Falls, Saratoga County, NY
$285,543 $1,471 16.0x
Morrisonville, Clinton County, NY
$243,149 $1,330 15.0x
Watervliet, Albany County, NY
$296,739 $1,387 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
Lyndhurst, Cuyahoga County, OH
$221,638 $1,339 14.0x
Parma Heights, Cuyahoga County, OH
$199,386 $1,362 12.0x
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$373,114 $1,444 22.0x
Lakeline, Lake County, OH
$187,764 $1,346 12.0x
Berea, Cuyahoga County, OH
$223,722 $1,336 14.0x
Cuyahoga Falls, Summit County, OH
$201,650 $1,289 13.0x
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$219,598 $1,342 14.0x
Warren, Grafton County, NH
$253,144 $1,446 15.0x
Lancaster, Fairfield County, OH
$257,825 $1,361 16.0x
North Olmsted, Cuyahoga County, OH
$253,977 $1,434 15.0x
Mayfield Heights, Cuyahoga County, OH
$218,611 $1,354 13.0x
Wickliffe, Lake County, OH
$186,062 $1,338 12.0x
Champaign, Champaign County, IL
$217,649 $1,380 13.0x
Hickory, Catawba County, NC
$282,718 $1,069 22.0x
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$277,268 $1,341 17.0x
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$471,713 $2,388 16.0x
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$197,046 $1,413 12.0x
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$288,593 $1,424 17.0x
Bethel Park, Allegheny County, PA
$285,139 $1,506 16.0x
Miamisburg, Montgomery County, OH
$247,852 $1,608 13.0x
Bumpass, Louisa County, VA
$421,145 $1,368 26.0x
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$180,464 $1,065 14.0x
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$252,610 $1,333 16.0x
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$213,122 $1,331 13.0x
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$270,696 $1,226 18.0x
Comstock, Kalamazoo County, MI
$240,447 $1,411 14.0x
Bridgeview, Cook County, IL
$287,205 $1,418 17.0x
Gloucester, Gloucester County, VA
$360,951 $1,370 22.0x
Georgetown, Scott County, KY
$319,555 $1,520 18.0x
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$361,196 $1,433 21.0x
Plainview, Wabasha County, MN
$254,514 $1,035 21.0x
Greater Galesburg, Kalamazoo County, MI
$243,316 $1,233 16.0x
Plainwell, Allegan County, MI
$222,152 $1,255 15.0x
Hartly, Kent County, DE
$349,160 $1,424 20.0x
Marysville, Saint Clair County, MI
$215,390 $1,187 15.0x
Salem, Roanoke County, VA
$287,852 $1,373 17.0x
East Haven, New Haven County, CT
$337,600 $1,959 14.0x
Maryville, Madison County, IL
$310,600 $1,378 19.0x
Parma, Cuyahoga County, OH
$199,169 $1,377 12.0x
Waite Hill, Lake County, OH
$738,123 $1,341 46.0x

Home prices

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Monthly rent

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GRM

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Buffalo

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Trend Insights

Median Rent in Buffalo, NY is $1,345, with MoM change +$13 and YoY change +$101 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Buffalo, NY.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Buffalo, NY
Compare market Select a market
Delta vs base
Median rent
$1,345
N/A
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Median price
$227,536
N/A
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YoY change
+$101
N/A
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Price-to-rent
14.1x
Data unavailable
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