Cheap Apartments for Rent in the Medical Park Neighborhood of Buffalo, NY from $300 (212 Rentals)

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

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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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608 Elmwood Ave
$985 - $1,165
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,165

Total Monthly Price
$985 - $1,165
1 Bedroom Apartment Available Now

608 Elmwood Ave

608 Elmwood AveBuffalo, NY 14222
Affordability
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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.

property at 56 Trinity Pl

$1,050 - $1,095

Studio Rentals

Available Now

56 Trinity Pl

BuffaloNY14201

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Medical Park, Buffalo, NY Local Guide

Cheapest Available Medical Park Apartments for Rent

 

The cheapest available apartment rental in the Medical Park area of Buffalo, NY is a Studio unit found at Hyde Park Apartments priced from $920. 131 Allen St has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Medical Park apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
Hyde Park ApartmentsStudioStudio,1BA$920
131 Allen StstudioStudio,1BA$925
The Residence on NorthOne Bedroom1BR,1BA$944
Peace Bridge PlaceStudioStudio,1BA$945
277 Linwood Ave1 bedroom suite1BR,1BA$950
Ashland Avenue ApartmentsStudio W/DenStudio,1BA$950
Lafayette ApartmentsstudioStudio,1BA$960
Fairmount ApartmentsStandard StudioStudio,1BA$975

Best Value Apartments for Rent in Medical Park, NY

As of May 02, 2026 the best value apartment in the Medical Park 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 Medical Park apartment is the 41 Manchester Pl Model at 41 Manchester Pl, Unit 41 Manchester starting at $1,800 with a $1.20 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Medical Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at Elk Terminal1 Bedroom 1 Bathroom1BR,1BA$0.97
41 Manchester Pl, Unit 41 Manchester41 Manchester Pl2BR,2BA$1.20
AP Lofts2 Bedroom 2 Bath2BR,2BA$0.98
159 Northampton St, Unit Lower flat159 Northampton St3BR,1BA$1.23
Lafayette-Barton2 Bedroom, 1 Bath2BR,1BA$1.11
482 West Ferry, Unit 482 Upper Unit482 West Ferry2BR,1BA$1.23
Monarch 7162x2 B12BR,2BA$0.85
405 Elmwood Ave2 bd 1 bth2BR,1BA$1.20
The Residence on NorthOne Bedroom1BR,1BA$1.05
277 Linwood Ave1 bedroom suite1BR,1BA$1.19

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing 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

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Central Buffalo. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Medical Park Apartments

What is a cheap apartment in Medical Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical Park is under $975.

What is the price of a cheap apartment in Medical Park?

The cheapest apartment in Medical Park is The Residence on North which is listed at $944, while the average apartment in Medical Park costs $1,870.

What types of apartments are the cheapest in Medical Park?

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 33 regular apartments in Medical Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Medical Park?

Cheap apartments in Medical Park have an average cost of $383 which is $1,487 cheaper than the average rent for all rentals in Medical Park.

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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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.

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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.