
Cheap Apartments for Rent in the Downtown Buffalo Neighborhood of Buffalo, NY from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Buffalo area of Buffalo.


The Buffalo Lafayette

The Police Apartments

Ansonia Center

61 Johnson Park

Seneca One

136 Seneca St

The Buffalo Palace Apartments
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.

Piano Factory Lofts

501 ,UPPER Ave

Theater Place Apartments

10 Lafayette Sq

9 West Ave

Marin Building

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

The Sinclair

610 Main St
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.

130 Pearl St

AM&A's Warehouse Lofts

Apartments at the Hub

Webb of Buffalo

JR Barrington Building

Cathedral Commons

The Glenny

Planing Mill
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.

The Belesario

Cathedral Place

149 Swan 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 | $1,697 | $1,300 | $2,700 |
| Downtown Buffalo 1 Bedroom Apartments | $1,961 | $704 | $4,220 |
| Downtown Buffalo 2 Bedroom Apartments | $2,063 | $775 | $2,925 |
| Downtown Buffalo 3 Bedroom Apartments | $2,375 | $1,700 | $3,200 |
| Downtown Buffalo 4 Bedroom Apartments | $862 | $862 | $862 |
Browse Apartments in this Neighborhood
There are currently 35 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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- School Districts
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. 130 Pearl St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,285. 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 |
| 130 Pearl St | 1/1 | 1BR,1BA | $1,285 |
| The Buffalo Palace Apartments | 1 Bedroom | 1BR,1BA | $1,500 |
| Theater Place Apartments | 830 SF | 1BR,1BA | $1,700 |
| 10 Lafayette Sq | 1603 | 1BR,1BA | $1,750 |
| Marin Building | Unit 6 11-17 | 1BR,1BA | $1,830 |
| The Lofts at Elk Terminal | 2 Bedroom 1 Bathroom | 2BR,1BA | $2,150 |
| 100 South | 2 Bedroom 2 Bath | 2BR,2BA | $2,195 |
| The Alexandre Apartments | 2 Bedroom, 2 Bathroom | 2BR,2BA | $2,450 |
Best Value Apartments for Rent in Downtown Buffalo, NY
As of July 06, 2026 the best value apartment in the Downtown Buffalo area is the $1.56 price per square foot 2 Bedroom 1 Bathroom Model at The Lofts at Elk Terminal in the in the Downtown Buffalo neighborhood starting from $2,150. The second greatest value Downtown Buffalo apartment is the 2 Bedroom 2 Bath Model at 100 South starting at $2,195 with a $1.69 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 1 Bathroom | 2BR,1BA | $1.56 |
| 100 South | 2 Bedroom 2 Bath | 2BR,2BA | $1.69 |
| The Alexandre Apartments | 2 Bedroom, 2 Bathroom | 2BR,2BA | $2.04 |
| The Buffalo Palace Apartments | 2 Bedroom | 2BR,1BA | $1.74 |
| Marin Building | Unit 6 11-17 | 1BR,1.5BA | $1.74 |
| 130 Pearl St | 2/1 | 2BR,1BA | $2.45 |
| Theater Place Apartments | 880 SF | 1BR,1BA | $2.10 |
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1.38 |
| 10 Lafayette Sq | 1603 | 1BR,1BA | $2.57 |
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 #34
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 $2,000 at The Buffalo Palace Apartments.
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

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.

Local Guide To the Best Budget-Friendly Neighborhoods to Rent in Buffalo
Written by: Patrick Ryan
Buffalo has emerged as one of the nation’s hottest real estate markets for good reason.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.