Cheap Homes for Rent in University Area Buffalo, NY from $400 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the University Area area of 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.

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.

University Area, Buffalo, NY Local Guide

Cheapest Available University Area Apartments for Rent

 

The cheapest available apartment rental in the University Area area of Buffalo, NY is a 1 Bed unit found at Jill Joseph Tower Seniors 55+ priced from $870. Mercer Commons has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable University Area apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
Jill Joseph Tower Seniors 55+1 Bedroom1BR,1BA$870
Mercer CommonsStudio suiteStudio,1BA$1,050
University Court Apartment1 BR1BR,1BA$1,095

Best Value Apartments for Rent in University Area, NY

As of May 05, 2026 the best value apartment in the University Area area is the $0.53 price per square foot 470 Winspear Ave Model at 470 Winspear Ave, Unit 1st floor in the in the University Area neighborhood starting from $1,200. The second greatest value University Area apartment is the 159 Carmel Rd Model at 159 Carmel Rd, Unit 159 Carmel Upper starting at $1,850 with a $1.32 price per square foot in the University Area neighborhood. Here is today’s list of the best values for University Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
470 Winspear Ave, Unit 1st floor470 Winspear Ave3BR,1BA$0.53
159 Carmel Rd, Unit 159 Carmel Upper159 Carmel Rd3BR,1BA$1.32
536 Winspear Ave, Unit Upper536 Winspear Ave3BR,1BA$1.37
412 University Ave, Unit Apartment 1412 University Ave2BR,1BA$1.56
University Court Apartment1 BR1BR,1BA$1.37
Englewood Avenue Apartments2 Bedroom 1 Bath2BR,1BA$1.56
3930 Bailey Ave, Unit #33930 Bailey Ave2BR,1BA$1.67
Princeton Court Apartments2 Bed, 1 Bath2BR,1BA$1.89
Jill Joseph Tower Seniors 55+1 Bedroom1BR,1BA$1.49
Mercer CommonsStudio suiteStudio ,1BA$1.91

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

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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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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Pet Friendly Lifestyle
University Area, Buffalo, NY

Ranked #68

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about University Area

What type of rentals are currently available in University Area?

There are currently 75 Apartments for Rent in University Area, NY with pricing that ranges from $845 to $3,516. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Area ranging from $450 to $6,300.

What is the current price range for Rental Homes in University Area?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Area ranges from $450 to $6,300 with an average monthly rent of $2,873.

How much are larger Three and Four Bedroom Rentals in University Area?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University Area range from $999 to $2,997, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $879.

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.