Cheap Homes for Rent in Buffalo, NY from $400 (42 Rentals)

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Search the lowest-cost Homes available for rent right now in Buffalo.

property at 127 Merrimac St

$450

1 Bedroom, 1 Bath Home for Rent

Available Now

127 Merrimac St

BuffaloNY14214

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.

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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.

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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.

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property at 180 Euclid Ave

$1,250 - $1,450

2 To 3 Bedroom Rentals

Available Now

180 Euclid Ave

KenmoreNY14217

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.

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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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property at 20 Mildred Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

4 Bedroom, 2 Bath Home for Rent

Available Now

20 Mildred Dr

CheektowagaNY14225
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Buffalo, NY Local Guide

Cheapest Neighborhoods for Apartments in Buffalo, NY

Pricing Updated: 04/26/2026

Current apartment rentals in the Buffalo, NY area range in price from $450 to $6,300 with an overall median price of $3,685. The three Buffalo neighborhoods with the lowest median rent pricing are Lakeview at $1,165, Seneca at $995, and South Buffalo at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Buffalo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lakeview$1,200$1,1651
Seneca$1,275$9957
South Buffalo$1,350$1,2002
Triangle$1,350$9957
Babcock$1,450$99512
Abbott McKinley$1,475$7506
Cazenovia Park$1,475$9955
South Park$1,475$6506
Kaisertown$1,550$99510
Bellevue$1,595$1,2955

Cheapest Available Buffalo Apartments for Rent

 

The cheapest available apartment rental in Buffalo, NY is a 1 Bed unit found at 201 Ellicott in the Downtown Buffalo neighborhood priced from $863. Jill Joseph Tower Seniors 55+ in the University Area neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Buffalo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
201 Ellicott1 Bedrooms1BR,1BA$863
Jill Joseph Tower Seniors 55+1 Bedroom1BR,1BA$870
Kenmore Tudors1 Bedroom1BR,1BA$925
131 Allen StstudioStudio,1BA$925

Best Value Apartments for Rent in Buffalo, NY

As of April 26, 2026 the best value apartment in the Buffalo area is the $0.38 price per square foot 90 Hoyt St Model at 90 Hoyt St, Unit upper in the in the West Side neighborhood starting from $1,095. The second greatest value Buffalo apartment is the 109 Baynes St Model at 109 Baynes St starting at $895 with a $0.45 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Buffalo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
90 Hoyt St, Unit upper90 Hoyt St3BR,1BA$0.38
109 Baynes St109 Baynes St2BR,1BA$0.45
107 Baynes St, Unit baynes107 Baynes St2BR,1BA$0.40
337 Saint Lawrence Ave, Unit 2337 Saint Lawrence Ave2BR,1BA$0.91
The Lofts at Elk Terminal1 Bedroom 1 Bathroom1BR,1BA$0.97
AP Lofts2 Bedroom 2 Bath2BR,2BA$0.98
Campus Walk OneC13BR,3BA$0.81
Monarch 7162x2 B12BR,2BA$0.85
164 Helen St, Unit upper164 Helen St2BR,1BA$0.95
115 Ledger St, Unit Ledger 1115 Ledger St3BR,1BA$1.00

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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The 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.

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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.

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Top Neighborhoods Near Buffalo Colleges and Universities

Learn about the best Buffalo neighborhoods for student renters by our Buffalo, NY Local Expert Patrick Ryan

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Buffalo, NY Rentals by Map

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Frequently Asked Questions about Buffalo

What type of rentals are currently available in Buffalo?

There are currently 1740 Apartments for Rent in Buffalo, NY with pricing that ranges from $358 to $6,000. There are also 212 Single Family Homes for rent, Condos, and Townhome rentals currently available in Buffalo ranging from $450 to $6,300.

What is the current price range for Rental Homes in Buffalo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Buffalo ranges from $450 to $6,300 with an average monthly rent of $2,944.

How much are larger Three and Four Bedroom Rentals in Buffalo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Buffalo range from $849 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $640.

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.

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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.