Cheap Apartments for Rent in the Central Buffalo Neighborhood of Buffalo, NY from $650 (98 Rentals)

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

Enjoy the Buffalo Renting Experience to the Fullest With Insight From a Local

Explore Buffalo, New York, through the eyes of a local. Get insider recommendations on welcoming neighborhoods, historic landmarks, and top dining spots.

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property at 486 Franklin St
$1,275 - $1,375
1 Bedroom Rentals
Available Now
Affordability

486 Franklin St

BuffaloNY14202

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property at 545 Niagara St
$1,800 - $2,200
2 To 4 Bedroom Rentals
Available Oct 1

545 Niagara St

BuffaloNY14201
property at 884 Main St
$1,800 - $2,200
1 To 2 Bedroom Rentals
Available Now

884 Main St

BuffaloNY14202

Buffalo's Best Affordable Neighborhoods

Learn about Buffalo with original content written by Local Expert, Patrick Ryan

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property at 17 N Pearl St
$2,380 - $2,900
2 To 3 Bedroom Rentals
Available Oct 1

17 N Pearl St

BuffaloNY14202
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430 Delaware
1 Bedroom Apartments

430 Delaware

430 Delaware AveBuffalo, NY 14202
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AC Lofts
Studio to 4 Bedroom Apartments

AC Lofts

136 N Division StBuffalo, NY 14203
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479-489 Delaware Ave
Studio to 2 Bedroom Apartments

479-489 Delaware Ave

487-489 Delaware AveBuffalo, NY 14202
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201 Ellicott
1 to 2 Bedroom Apartments

201 Ellicott

201 Ellicott StBuffalo, NY 14203

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Central Buffalo, Buffalo, NY Local Guide

Cheapest Available Central Buffalo Apartments for Rent

 

The cheapest available apartment rental in the Central Buffalo area of Buffalo, NY is a Studio unit found at 131 Allen St priced from $925. Fairmount Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Central Buffalo apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
131 Allen StstudioStudio, 1BA$925
Fairmount ApartmentsStandard StudioStudio, 1BA$975
Delaware Franklin1 Bedroom 1 Bath1BR, 1BA$1,085
IS Lofts1BR/1.0BA1BR, 1BA$1,100
Peace Bridge PlaceStudioStudio, 1BA$1,100
Pine Harbor ApartmentsOne Bed / One Bath1BR, 1BA$1,136
The Police ApartmentsStudioStudio, 1BA$1,178
The RooseveltIncome-Based, One Bedroom1BR, 1BA$1,249
479 Delaware Avenue479 Delaware Avenue - 51BR, 1BA$1,275
130 Pearl St1/11BR, 1BA$1,285

Best Value Apartments for Rent in Central Buffalo, NY

As of September 23, 2026 the best value apartment in the Central Buffalo area is the $1.53 price per square foot Townhouse Model at 151 E Eagle St in the Downtown Buffalo neighborhood starting from $2,100. The second greatest value Central Buffalo apartment is the 2 Bedroom 1 Bathroom Model at The Lofts at Elk Terminal in the Downtown Buffalo neighborhood starting at $2,095 with a $1.62 price per square foot. Here is today’s list of the best values for Central Buffalo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
151 E Eagle StTownhouse2BR, 2BA$1.53
The Lofts at Elk Terminal2 Bedroom 1 Bathroom2BR, 1BA$1.62
The Buffalo Palace Apartments2 Bedroom2BR, 1BA$1.74
Marin BuildingUnit 6 11-171BR, 1.5BA$1.74
Twain Tower1 Bedroom 1 Bath Large1BR, 1BA$1.45
Days Park Commons120 Cottage #21BR, 1.5BA$1.50
The Police ApartmentsStudioStudio, 1BA$1.23
479 Delaware Avenue479 Delaware Avenue - 51BR, 1BA$1.42
IS Lofts1BR/1.0BA1BR, 1BA$1.38
The RooseveltIncome-Based, One Bedroom1BR, 1BA$1.75

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Pet Friendly Lifestyle
Central Buffalo, Buffalo, NY

Ranked #16

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Central Buffalo, Buffalo, NY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Buffalo, New York. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, family-friendliness, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Central Buffalo Apartments

What is a cheap apartment in Central Buffalo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Buffalo is under $1,285.

What is the price of a cheap apartment in Central Buffalo?

The cheapest apartment in Central Buffalo is 131 Allen St which is listed at $995, while the average apartment in Central Buffalo costs $2,000.

What types of apartments are the cheapest in Central 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 4 regular apartments in Central 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 Central Buffalo?

Cheap apartments in Central Buffalo have an average cost of $537 which is $1,463 cheaper than the average rent for all rentals in Central 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.

Helpful Local Expert Guides

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Enjoy the Buffalo Renting Experience to the Fullest With Insight From a Local

Written by: Patrick Ryan

Buffalo is called the City of Good Neighbors for good reason. Rent or buy in Buffalo and you’ll find locals are more than willing to lend a helping hand, especially when you need it the most.

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Top Neighborhoods to Rent Near Major Employers in Buffalo

Written by: Patrick Ryan

Buffalo is quickly becoming one of the nation’s hottest housing markets. Featuring easy lake access, reasonably priced homes and apartments, mild summers and a burgeoning economy, Buffalo is now a magnet for movers and shakers.

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Buffalo has emerged as one of the nation’s hottest real estate markets for good reason.

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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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