Cheap Apartments for Rent in the Valley Neighborhood of Buffalo, NY from $500 (67 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Antrim Apartments
$1,075 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,200
Total Monthly Price
$1,075 - $1,200
2 Bedroom Apartments Available Now

Antrim Apartments

6 Yale PlBuffalo, NY 14210
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Ellicott Homes
2 to 4 Bedroom Apartments

Ellicott Homes

424 Swan StBuffalo, NY 14204
close
View Me
Towne Gardens
1 to 3 Bedroom Apartments

Towne Gardens

440 Clinton StBuffalo, NY 14204
  • Utilities Included
close
View Me
AC Lofts
Studio to 4 Bedroom Apartments

AC Lofts

136 N Division StBuffalo, NY 14203
  • Utilities Included
close
View Me
950 Broadway St
Studio to 2 Bedroom Apartments

950 Broadway St

950 Broadway StBuffalo, NY 14212
  • Utilities Included
close
View Me
The Graystone
Studio to 2 Bedroom Apartments

The Graystone

24 S Johnson ParkBuffalo, NY 14201
  • Utilities Included
close
View Me
49 Johnson Park
Studio to 1 Bedroom Apartments

49 Johnson Park

49 Johnson ParkBuffalo, NY 14201
  • Utilities Included
close
View Me
Hydraulics Lofts
Studio to 3 Bedroom Apartments

Hydraulics Lofts

500 Seneca StBuffalo, NY 14204
  • Utilities Included
  • Smoke Free

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.

Read Article
Showing Results 1-50, Page 1 of 2

Valley, Buffalo, NY Local Guide

Cheapest Available Valley Apartments for Rent

 

The cheapest available apartment rental in the Valley area of Buffalo, NY is a 1 Bed unit found at 201 Ellicott priced from $863. AP Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,022. Here are the most affordable Valley apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
201 Ellicott1 Bedrooms1BR,1BA$863
AP Lofts1 Bedroom1BR,1BA$1,022
Antrim ApartmentsCrest2BR,1BA$1,075
Steeple Bay Estates2BD1BA2BR,1BA$1,100
IS Lofts1BR/1.0BA1BR,1BA$1,100
Pine Harbor ApartmentsOne Bed / One Bath1BR,1BA$1,136
The SinclairStudio, 1 bathStudio,1BA$1,139
The Police ApartmentsStudioStudio,1BA$1,200

Best Value Apartments for Rent in Valley, NY

As of April 16, 2026 the best value apartment in the Valley 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 Valley apartment is the 109 Unger Ave Model at 109 Unger Ave, Unit Upper starting at $1,400 with a $1.17 price per square foot in the South Buffalo neighborhood. Here is today’s list of the best values for Valley 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
109 Unger Ave, Unit Upper109 Unger Ave3BR,1BA$1.17
108 Geary St108 Geary St3BR,1BA$1.00
201 Mackinaw St, Unit Upper Front201 Mackinaw St2BR,1BA$1.40
AP Lofts1 Bedroom1BR,1BA$1.10
136 Milton St, Unit Upper136 Milton St4BR,1BA$1.50
156 Melrose St, Unit 4156 Melrose St2BR,1BA$1.39
IS Lofts1BR/1.0BA1BR,1BA$1.38
Steeple Bay Estates2BD1BA2BR,1BA$1.47
201 Ellicott1 Bedrooms1BR,1BA$1.23

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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Valley, Buffalo, NY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Buffalo. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Valley Apartments

What is a cheap apartment in Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Valley is under $1,200.

What is the price of a cheap apartment in Valley?

The cheapest apartment in Valley is 201 Ellicott which is listed at $863, while the average apartment in Valley costs $6,000.

What types of apartments are the cheapest in Valley?

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 12 regular apartments in Valley 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 Valley?

Cheap apartments in Valley have an average cost of $393 which is $5,607 cheaper than the average rent for all rentals in Valley.

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

decorative image for A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY article

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.