Cheap Apartments for Rent in Buffalo, NY from $300 (244 Rentals)

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

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2923 River Rd
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
Studio to 1 Bedroom Apartment Available Jul 1

2923 River Rd

2923 River RdBuffalo, NY 14207
Affordability

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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448 Amherst St, Unit Rear
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
2 Bedroom Apartment Available Jun 15

448 Amherst St, Unit Rear

448 Amherst StBuffalo, NY 14207
Cost Per Sq.Ft.
property at 18 Goethe St

$900 - $950

2 Bedroom Rentals

Available Now

18 Goethe St

BuffaloNY14206

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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property at 56 Fredro St

$925 - $1,250

2 To 3 Bedroom Rentals

Available Now

56 Fredro St

BuffaloNY14206

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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Buffalo, NY Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Buffalo, NY

Pricing Updated: 06/01/2026

Current apartment rentals in the Buffalo, NY area range in price from $358 to $6,000 with an overall median price of $2,406. The three Buffalo neighborhoods with the lowest median rent pricing are Outer Niagara Falls at $574, Schiller Park at $744, and Old Town at $750. 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$57434
Schiller Park$1,250$74431
Old Town$1,250$75059
Black Rock$1,300$64062
Sloan$1,387$87533
Riverside Park$1,395$75074
Pine Hill$1,450$87527
Lakeview$1,500$80018
Buffalo State$1,550$64090
Lovejoy$1,600$77028

Cheapest Available Buffalo Apartments for Rent

 

The cheapest available apartment rental in Buffalo, NY is a 1 Bed unit found at Jill Joseph Tower Seniors 55+ in the University Area neighborhood priced from $870. Hyde Park Apartments in the West Side neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Buffalo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jill Joseph Tower Seniors 55+1 Bedroom1BR,1BA$870
Hyde Park ApartmentsStudioStudio,1BA$899
211 Summer StStudioStudio,1BA$925
Kenmore Tudors1 Bedroom1BR,1BA$925
131 Allen StstudioStudio,1BA$925
The Residence on NorthOne Bedroom1BR,1BA$944

Best Value Apartments for Rent in Buffalo, NY

As of June 01, 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
309 Mills St, Unit Lower309 Mills St3BR,1BA$0.60
390 Linwood Ave, Unit 4390 Linwood Ave2BR,2BA$0.98
395 Davey St, Unit Upper395 Davey St2BR,1BA$0.76
AP Lofts2 Bedroom 2 Bath2BR,2BA$0.98
Campus Walk OneC13BR,3BA$0.81
Monarch 7162x2 B12BR,2BA$0.85
164 Helen St, Unit upper164 Helen St2BR,1BA$0.95

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 $944.

What is the price of a cheap apartment in Buffalo?

The cheapest apartment in Buffalo is Jill Joseph Tower Seniors 55+ which is listed at $870, while the average apartment in Buffalo costs $2,406.

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 807 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 $436 which is $1,970 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.