
Cheap Apartments for Rent in the Downtown Buffalo Neighborhood of Buffalo, NY from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Buffalo area of Buffalo.


294 S Elmwood Ave

The Buffalo Lafayette

The Police Apartments

Holling Place Apartments

AC Lofts
Top Neighborhoods to Rent Near Major Employers in Buffalo
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201 Ellicott

Touraine Apartments

The Graystone

49 Johnson Park

Carriage House Square

IS Lofts
Rent According to Income: A Look at Income-Restricted Rentals
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The Sinclair
Downtown Buffalo, Buffalo, NY Local Guide

How much does it cost to rent an apartment in Downtown Buffalo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Buffalo Studio Apartments | $1,466 | $1,300 | $1,550 |
| Downtown Buffalo 1 Bedroom Apartments | $1,585 | $704 | $2,000 |
| Downtown Buffalo 2 Bedroom Apartments | $2,015 | $775 | $2,700 |
| Downtown Buffalo 3 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
| Downtown Buffalo 4 Bedroom Apartments | $862 | $862 | $862 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Buffalo Neighborhood of Buffalo, NY.
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Downtown Buffalo, Buffalo, NY Local Guide
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Cheapest Available Downtown Buffalo Apartments for Rent
 The cheapest available apartment rental in the Downtown Buffalo area of Buffalo, NY is a 1 Bed unit found at IS Lofts priced from $1,100. The Police Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,178. Here are the most affordable Downtown Buffalo apartments for rent in Buffalo, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1,100 |
| The Police Apartments | Studio | Studio,1BA | $1,178 |
| 130 Pearl St | 1/1 | 1BR,1BA | $1,285 |
| Theater Place Apartments | 830 SF | 1BR,1BA | $1,700 |
| 10 Lafayette Sq | 1603 | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Downtown Buffalo, NY
As of August 20, 2026 the best value apartment in the Downtown Buffalo area is the $1.54 price per square foot 2 Bedroom 2 Bathrooms Model at The Lofts at Elk Terminal in the in the Downtown Buffalo neighborhood starting from $2,325. The second greatest value Downtown Buffalo apartment is the Townhouse Model at 151 E Eagle St starting at $2,100 with a $1.53 price per square foot in the Downtown Buffalo neighborhood. Here is today’s list of the best values for Downtown Buffalo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lofts at Elk Terminal | 2 Bedroom 2 Bathrooms | 2BR,2BA | $1.54 |
| 151 E Eagle St | Townhouse | 2BR,2BA | $1.53 |
| 100 South | 2 Bedroom 2 Bath | 2BR,2BA | $1.79 |
| The Alexandre Apartments | 2 Bedroom, 2 Bathroom | 2BR,2BA | $2.04 |
| 220 Franklin St, Unit 1 | 220 Franklin St | 2BR,1BA | $1.63 |
| The Buffalo Palace Apartments | 2 Bedroom | 2BR,1BA | $1.74 |
| Marin Building | Unit 6 11-17 | 1BR,1.5BA | $1.74 |
| Seneca One | Two Bedroom Loft | 2BR,2BA | $2.21 |
| Theater Place Apartments | 880 SF | 1BR,1BA | $2.10 |
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1.38 |
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.
Read ArticleReal 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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Pet Friendly LifestyleDowntown Buffalo, Buffalo, NY
Ranked #44
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
This website is proud to bring you Lifestyle Ratings of rentals in cities and towns across the United States, including Buffalo. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, apartment communities for the kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Buffalo Apartments
How much is rent for a Cheap One Bedroom Downtown Buffalo Apartment?
The lowest price for a Cheap One Bedroom Downtown Buffalo Apartment is $1,100 at IS Lofts.
What is the lowest price for a Cheap Two Bedroom Downtown Buffalo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Buffalo is starting from $1,895 at The Lofts at Elk Terminal.
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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