
Cheap Apartments for Rent in the Downtown Buffalo Neighborhood of Buffalo, NY from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Buffalo area of Buffalo.


294 S Elmwood Ave

76 Tracy St

89 Johnson Park

Ansonia Center
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

AM&A's Warehouse Lofts

The Police Apartments

Holling Place Apartments

AC Lofts
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.

Touraine Apartments

The Graystone

49 Johnson Park

Carriage House Square

IS Lofts
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.
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 | $1,562 | $1,075 | $2,300 |
| Downtown Buffalo 1 Bedroom Apartments | $1,829 | $690 | $3,820 |
| Downtown Buffalo 2 Bedroom Apartments | $2,105 | $760 | $5,000 |
| Downtown Buffalo 3 Bedroom Apartments | $2,575 | $2,100 | $3,200 |
| Downtown Buffalo 4 Bedroom Apartments | $2,522 | $845 | $4,200 |
Browse Apartments in this Neighborhood
There are currently 15 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 $1,200. 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 | $1,200 |
| 201 Ellicott | 1 Bedrooms | 1BR,1BA | $1,400 |
| The Sinclair | Studio, 1 bath | Studio,1BA | $1,400 |
| 100 South | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Downtown Buffalo, NY
As of January 21, 2026 the best value apartment in the Downtown Buffalo area is the $1.53 price per square foot 628 Washington St Model at 628 Washington St, Unit 3rd Floor in the in the Downtown Buffalo neighborhood starting from $2,850. The second greatest value Downtown Buffalo apartment is the 2 Bedroom 1 Bathroom Model at The Lofts at Elk Terminal starting at $1,925 with a $1.57 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. |
|---|---|---|---|
| 628 Washington St, Unit 3rd Floor | 628 Washington St | 2BR,2BA | $1.53 |
| The Lofts at Elk Terminal | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.57 |
| Piano Factory Lofts | 2BR | 2BR,1BA | $1.79 |
| The Police Apartments | 1 Bed | 1BR,1BA | $1.67 |
| Seneca One | One Bedroom | 1BR,1BA | $2.03 |
| Theater Place Apartments | 830 SF | 1BR,1BA | $2.38 |
| 100 South | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.94 |
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1.38 |
| 201 Ellicott | 1 Bedrooms | 1BR,1BA | $2.00 |
| The Sinclair | Studio, 1 bath | Studio ,1BA | $2.37 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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 $1,750.
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 $2,522.
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

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 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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.