Cheap Apartments for Rent in the Downtown Buffalo Neighborhood of Buffalo, NY from $600 (35 Rentals)

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

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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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138 Seneca St
$1,500 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,000

Total Monthly Price
$1,500 - $2,000
1 to 2 Bedroom Apartment Available Now

138 Seneca St

138 Seneca StBuffalo, NY 14203
Affordability
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AC Lofts
Studio to 4 Bedroom Apartments

AC Lofts

136 N Division StBuffalo, NY 14203
  • Utilities Included
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The Graystone
Studio to 2 Bedroom Apartments

The Graystone

24 S Johnson ParkBuffalo, NY 14201
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49 Johnson Park
Studio to 1 Bedroom Apartments

49 Johnson Park

49 Johnson ParkBuffalo, NY 14201
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Carriage House Square
Studio to 2 Bedroom Apartments

Carriage House Square

41-43 W Tupper StBuffalo, NY 14202
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IS Lofts
1 Bedroom Apartments

IS Lofts

362 Oak StBuffalo, NY 14203

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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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130 Pearl St
1 to 2 Bedroom Apartments

130 Pearl St

130 Pearl StBuffalo, NY 14202
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Apartments at the Hub
1 to 2 Bedroom Apartments

Apartments at the Hub

145-149 Swan StBuffalo, NY 14203
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Cathedral Commons
1 to 2 Bedroom Apartments

Cathedral Commons

128 Pearl StBuffalo, NY 14202
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The Glenny
1 to 2 Bedroom Apartments

The Glenny

251 Main StBuffalo, NY 14203
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100 South
1 to 2 Bedroom Apartments

100 South

100 S Elmwood AveBuffalo, NY 14202
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Planing Mill
1 to 2 Bedroom Apartments

Planing Mill

141 Elm StBuffalo, NY 14203
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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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625 Main Street
1 to 2 Bedroom Apartments

625 Main Street

625 Main StBuffalo, NY 14203
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The Belesario
Studio to 2 Bedroom Apartments

The Belesario

514 Main StBuffalo, NY 14202
  • Utilities Included

Downtown Buffalo, Buffalo, NY Local Guide

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 Sinclair has the second lowest priced unit, which is a Studio apartment currently listed from $1,139. Here are the most affordable Downtown Buffalo apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
IS Lofts1BR/1.0BA1BR,1BA$1,100
The SinclairStudio, 1 bathStudio,1BA$1,139
The Police ApartmentsStudioStudio,1BA$1,200
130 Pearl St1/11BR,1BA$1,285
201 Ellicott1 Bedrooms1BR,1BA$1,400
Seneca OneStudio PlusStudio,1BA$1,500
100 South1 Bedroom 1 Bathroom1BR,1BA$1,595
Ansonia Center2BR/1BA+Office #4162BR,1BA$1,600
Piano Factory Lofts2BR2BR,1BA$1,650

Best Value Apartments for Rent in Downtown Buffalo, NY

As of April 02, 2026 the best value apartment in the Downtown Buffalo area is the $1.60 price per square foot 138 Seneca St Model at 138 Seneca St in the in the Downtown Buffalo neighborhood starting from $2,000. The second greatest value Downtown Buffalo apartment is the 1 Bedroom 1.5 Bathrooms Model at The Lofts at Elk Terminal starting at $1,895 with a $1.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
138 Seneca St138 Seneca St2BR,1BA$1.60
The Lofts at Elk Terminal1 Bedroom 1.5 Bathrooms1BR,1.5BA$1.77
Marin BuildingUnit 6 11-171BR,1.5BA$1.74
Ansonia Center2BR/1BA+Office #4162BR,1BA$1.52
130 Pearl St2/12BR,1BA$1.94
The Police ApartmentsStudioStudio ,1BA$1.25
Piano Factory Lofts2BR2BR,1BA$1.79
100 South1 Bedroom 1 Bathroom1BR,1BA$1.94
IS Lofts1BR/1.0BA1BR,1BA$1.38
The SinclairStudio, 1 bathStudio ,1BA$1.93

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

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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
Downtown Buffalo, Buffalo, NY

Ranked #33

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

What is a cheap apartment in Downtown Buffalo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Buffalo is under $1,650.

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

The cheapest apartment in Downtown Buffalo is IS Lofts which is listed at $1,100, while the average apartment in Downtown Buffalo costs $3,100.

What types of apartments are the cheapest in Downtown 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 regular apartments in Downtown Buffalo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.