Cheap Apartments for Rent in the Valley Neighborhood of Buffalo, NY from $500 (37 Rentals)

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

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40 Ryan St, Unit Ryan
$975
Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975
2 Bedroom Apartment Available Aug 1

40 Ryan St, Unit Ryan

40 Ryan StBuffalo, NY 14210
Affordability

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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Antrim Apartments
$1,050 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,200

Total Monthly Price
$1,050 - $1,200
2 Bedroom Apartments Available Now

Antrim Apartments

6 Yale PlBuffalo, NY 14210
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  • Utilities Included

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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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Ellicott Homes
2 to 4 Bedroom Apartments

Ellicott Homes

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

Towne Gardens

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

AC Lofts

136 N Division StBuffalo, NY 14203
  • Utilities Included
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201 Ellicott
1 to 2 Bedroom Apartments

201 Ellicott

201 Ellicott StBuffalo, NY 14203
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950 Broadway St
Studio to 2 Bedroom Apartments

950 Broadway St

950 Broadway StBuffalo, NY 14212
  • Utilities Included
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49 Johnson Park
Studio to 1 Bedroom Apartments

49 Johnson Park

49 Johnson ParkBuffalo, NY 14201
  • Utilities Included
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The Graystone
Studio to 2 Bedroom Apartments

The Graystone

24 S Johnson ParkBuffalo, NY 14201
  • Utilities Included
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Hydraulics Lofts
Studio to 3 Bedroom Apartments

Hydraulics Lofts

500 Seneca StBuffalo, NY 14204
  • Utilities Included
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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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The Forge on Broadway
1 to 3 Bedroom Apartments

The Forge on Broadway

490 Broadway StBuffalo, NY 14204
  • Utilities Included
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Carriage House Square
Studio to 2 Bedroom Apartments

Carriage House Square

41-43 W Tupper StBuffalo, NY 14202
  • Utilities Included
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McDermott Lofts
Studio to 1 Bedroom Apartments

McDermott Lofts

169 Elk StBuffalo, NY 14210
  • Utilities Included
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Seneca Street Lofts
1 to 2 Bedroom Apartments

Seneca Street Lofts

550 Seneca StBuffalo, NY 14204
  • Utilities Included
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201 West Huron
1 to 2 Bedroom Apartments

201 West Huron

201 W Huron StBuffalo, NY 14201
  • Utilities Included

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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IS Lofts
1 Bedroom Apartments

IS Lofts

362 Oak StBuffalo, NY 14203

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 AP Lofts priced from $1,028. Antrim Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. Here are the most affordable Valley apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
AP Lofts1 Bedroom1BR,1BA$1,028
Antrim ApartmentsRetreat2BR,1BA$1,050
Steeple Bay Estates2BD1BA2BR,1BA$1,100
IS Lofts1BR/1.0BA1BR,1BA$1,100
Pine Harbor ApartmentsOne Bed / One Bath1BR,1BA$1,136
130 Pearl St1/11BR,1BA$1,285
AM&A's Warehouse Lofts1BR/1.0BA1BR,1BA$1,300

Best Value Apartments for Rent in Valley, NY

As of July 15, 2026 the best value apartment in the Valley 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 Valley apartment is the 118 Whitney Pl Model at 118 Whitney Pl, Unit 118 Whitney Place upper starting at $1,300 with a $1.08 price per square foot in the Central 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 Terminal2 Bedroom 1 Bathroom2BR,1BA$1.56
118 Whitney Pl, Unit 118 Whitney Place upper118 Whitney Pl2BR,1BA$1.08
109 Unger Ave, Unit Upper109 Unger Ave3BR,1BA$1.15
314 Davey St, Unit 314 Davey Upper314 Davey St3BR,1BA$1.09
131 Southside Pkwy, Unit 3131 Southside Pkwy2BR,1BA$1.10
AP Lofts1 Bedroom1BR,1BA$1.11
IS Lofts1BR/1.0BA1BR,1BA$1.38
AM&A's Warehouse Lofts1BR/1.0BA1BR,1BA$1.70
Steeple Bay Estates2BD1BA2BR,1BA$1.47
220 Stevenson St, Unit Lower Front220 Stevenson St2BR,1BA$1.47

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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Real 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.

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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 the price of a cheap apartment in Valley?

The cheapest apartment in Valley is AP Lofts which is listed at $1,028, 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 8 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 $427 which is $5,573 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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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