Cheap Apartments for Rent in Buffalo, NY from $300 (232 Rentals)

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Search the lowest-cost Apartments available for rent right now in Buffalo.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Buffalo, NY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Buffalo, NY

Pricing Updated: 04/16/2026

Current apartment rentals in the Buffalo, NY area range in price from $358 to $6,000 with an overall median price of $2,442. The three Buffalo neighborhoods with the lowest median rent pricing are Outer Niagara Falls at $574, Riverside Park at $750, and Schiller Park at $744. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Buffalo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer Niagara Falls$1,200$57436
Riverside Park$1,395$75066
Schiller Park$1,400$74423
Sloan$1,400$90040
Old Town$1,475$75043
Riverview$1,550$75038
Buffalo State$1,600$64064
Military$1,600$640112
Bonnet St$1,600$85069
Elmwood North$1,600$92565

Cheapest Available Buffalo Apartments for Rent

 

The cheapest available apartment rental in Buffalo, NY is a 1 Bed unit found at Camelot Court Apartments in the University Area neighborhood priced from $845. 201 Ellicott in the Downtown Buffalo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $863. Here is today’s list of the most affordable Buffalo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Camelot Court Apartments1 Bedroom Lower1BR,1BA$845
201 Ellicott1 Bedrooms1BR,1BA$863
Jill Joseph Tower Seniors 55+1 Bedroom1BR,1BA$870
Hertel Park Senior Residences1 Bed, 1 bath1BR,1BA$870
131 Allen StstudioStudio,1BA$925

Best Value Apartments for Rent in Buffalo, NY

As of April 17, 2026 the best value apartment in the Buffalo area is the $0.38 price per square foot 90 Hoyt St Model at 90 Hoyt St, Unit upper in the in the West Side neighborhood starting from $1,095. The second greatest value Buffalo apartment is the 109 Baynes St Model at 109 Baynes St starting at $895 with a $0.45 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Buffalo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
90 Hoyt St, Unit upper90 Hoyt St3BR,1BA$0.38
109 Baynes St109 Baynes St2BR,1BA$0.45
107 Baynes St, Unit baynes107 Baynes St2BR,1BA$0.40
337 Saint Lawrence Ave, Unit 2337 Saint Lawrence Ave2BR,1BA$0.91
The Lofts at Elk Terminal1 Bedroom 1 Bathroom1BR,1BA$0.97
Campus Walk OneC13BR,3BA$0.81
439 Goethe St, Unit Upper439 Goethe St2BR,1BA$0.82
Monarch 7162x2 B12BR,2BA$0.85
164 Helen St, Unit upper164 Helen St2BR,1BA$0.95
115 Ledger St, Unit Ledger 1115 Ledger St3BR,1BA$1.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods Near Buffalo Colleges and Universities

Learn about the best Buffalo neighborhoods for student renters by our Buffalo, NY Local Expert Patrick Ryan

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Buffalo Overview

Located on the eastern shores of the mighty Lake Erie and playing host to the world-famous Niagara Falls, Buffalo is the Empire State's second most populated area right behind the bright lights of New York City. Boasting over a million residents and a working-class charm that dates back decades, this industry-heavy destination is affectionately referred to as 'The Queen City' for good reason. With a wide variety of Buffalo apartments available to residents, life in this wonderful city might be only moments away!

Why live in Buffalo, NY?

With economic incentives running high and a ton of options, Buffalo apartments are among the more affordable living arrangements in New York state, and are also a great place to raise a family. The Blue-collar streak of the residents is proud and unwavering, lending the entire city a gritty charm that is wholly unique. Home to over fifty art galleries and over twenty professional theater companies, Buffalo is a cultural hub for the upstate New York area. Offering easy access to not only the scenic beauty of the numerous lakes and woodlands that surround the city, but also the wilds of Canada, Buffalo has much to offer to potential residents of all walks of life.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Buffalo, NY Rentals by Map

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See the most popular apartments and homes in Buffalo, NY

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Frequently Asked Questions about Cheap Buffalo Apartments

What is a cheap apartment in Buffalo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Buffalo is under $925.

What is the price of a cheap apartment in Buffalo?

The cheapest apartment in Buffalo is Camelot Court Apartments which is listed at $845, while the average apartment in Buffalo costs $2,442.

What types of apartments are the cheapest in Buffalo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,107 regular apartments in Buffalo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Buffalo?

Cheap apartments in Buffalo have an average cost of $439 which is $2,003 cheaper than the average rent for all rentals in Buffalo.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY article

A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY

Written by: Patrick Ryan

There’s nothing better than living in a college town. The setting is vibrant, the people are happy and there’s always a good time to be had.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.