
Cheap Apartments for Rent in the Downtown Buffalo Neighborhood of Buffalo, NY from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Buffalo area of Buffalo.


The Buffalo Lafayette

The Sinclair

The Police Apartments

Seneca One

Total Monthly Price
138 Seneca St

136 Seneca St

25 Whitney Pl

Piano Factory Lofts
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.

The Lofts at Elk Terminal

10 Lafayette Sq

Marin Building

47 Franklin St, Unit 1

Ansonia Center

Theater Place Apartments

9 West Ave

Holling Place Apartments

AC Lofts
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.

201 Ellicott

Touraine Apartments

The Graystone

49 Johnson Park

Carriage House Square

IS Lofts

AM&A's Warehouse Lofts

130 Pearl St

Webb of Buffalo
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.

Apartments at the Hub

JR Barrington Building

Cathedral Commons

The Glenny

Planing Mill

The Belesario

Cathedral Place

The Alexandre Apartments

210 Ellicott St
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.

149 Swan St

100 South

151 E Eagle St
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 | $1,667 | $1,139 | $2,700 |
| Downtown Buffalo 1 Bedroom Apartments | $1,977 | $704 | $4,220 |
| Downtown Buffalo 2 Bedroom Apartments | $2,043 | $775 | $2,700 |
| Downtown Buffalo 3 Bedroom Apartments | $2,925 | $2,925 | $2,925 |
| Downtown Buffalo 4 Bedroom Apartments | $2,531 | $862 | $4,200 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Downtown Buffalo Neighborhood of Buffalo, NY.
See all Apartments in BuffaloExplore Buffalo
Downtown Buffalo, Buffalo, NY Local Guide
- Nearby Buffalo neighborhoods
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1,100 |
| The Sinclair | Studio, 1 bath | Studio,1BA | $1,139 |
| 130 Pearl St | 1/1 | 1BR,1BA | $1,285 |
| Webb of Buffalo | 2BR/1.0BA | 2BR,1BA | $1,350 |
| The Lofts at Elk Terminal | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,695 |
| 10 Lafayette Sq | 1603 | 1BR,1BA | $1,750 |
| Marin Building | Unit 6 11-17 | 1BR,1BA | $1,830 |
| Theater Place Apartments | 830 SF | 1BR,1BA | $1,975 |
| 100 South | 2 Bedroom 2 Bath | 2BR,2BA | $2,195 |
Best Value Apartments for Rent in Downtown Buffalo, NY
As of May 21, 2026 the best value apartment in the Downtown Buffalo area is the $0.97 price per square foot 1 Bedroom 1 Bathroom Model at The Lofts at Elk Terminal in the in the Downtown Buffalo neighborhood starting from $1,695. The second greatest value Downtown Buffalo apartment is the 2 Bedroom 2 Bath Model at 100 South starting at $2,195 with a $1.59 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 | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.97 |
| 100 South | 2 Bedroom 2 Bath | 2BR,2BA | $1.59 |
| 138 Seneca St | 138 Seneca St | 2BR,1BA | $1.60 |
| Marin Building | Unit 6 11-17 | 1BR,1.5BA | $1.74 |
| Webb of Buffalo | 2BR/1.0BA | 2BR,1BA | $1.29 |
| 130 Pearl St | 2/1 | 2BR,1BA | $1.94 |
| Theater Place Apartments | 830 SF | 1BR,1BA | $2.38 |
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1.38 |
| 10 Lafayette Sq | 1603 | 1BR,1BA | $2.57 |
| The Sinclair | Studio, 1 bath | Studio ,1BA | $1.93 |
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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Buffalo, Buffalo, NY
Ranked #37
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,350 at Webb of 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

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.

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.

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.

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.