Cheap Apartments for Rent in the Valley Neighborhood of Buffalo, NY from $500 (70 Rentals)

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

property at 56 Fredro St

$925 - $1,250

2 To 3 Bedroom Rentals

Available Now

56 Fredro St

BuffaloNY14206

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 Jul 1

Antrim Apartments

6 Yale PlBuffalo, NY 14210
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property at 29 Macamley St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

3 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

29 Macamley St, Unit Upper

29 Macamley St
BuffaloNY14220

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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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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138 Seneca St
$1,500 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,000
Total Monthly Price
$1,500 - $2,000
1 to 2 Bedroom Apartment Available Now

138 Seneca St

138 Seneca StBuffalo, NY 14203
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property at 140 Seymour St

$1,500 - $1,800

1 To 2 Bedroom Rentals

Available Now

140 Seymour St

BuffaloNY14210
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Ellicott Homes
2 to 4 Bedroom Apartments

Ellicott Homes

424 Swan StBuffalo, NY 14204

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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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
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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
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49 Johnson Park
Studio to 1 Bedroom Apartments

49 Johnson Park

49 Johnson ParkBuffalo, NY 14201
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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
  • Smoke Free
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The Forge on Broadway
1 to 3 Bedroom Apartments

The Forge on Broadway

490 Broadway StBuffalo, NY 14204
  • Utilities Included

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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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 2 Beds unit found at Steeple Bay Estates priced from $1,100. IS Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Valley apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
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
Park Place TownhomesTwo Bedroom Townhome2BR,1BA$1,220
AP Lofts2 Bedroom 2 Bath2BR,2BA$1,222
130 Pearl St1/11BR,1BA$1,285

Best Value Apartments for Rent in Valley, NY

As of May 31, 2026 the best value apartment in the Valley area is the $1.70 price per square foot 2 Bedroom 1 Bathroom Model at The Lofts at Elk Terminal in the in the Downtown Buffalo neighborhood starting from $2,195. The second greatest value Valley apartment is the 138 Seneca St Model at 138 Seneca St starting at $2,000 with a $1.60 price per square foot in the Downtown 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$1.70
138 Seneca St138 Seneca St2BR,1BA$1.60
AP Lofts2 Bedroom 2 Bath2BR,2BA$0.98
92 Trowbridge St, Unit 292 Trowbridge St3BR,1BA$1.09
Marin BuildingUnit 6 11-171BR,1.5BA$1.74
201 Mackinaw St201 Mackinaw St2BR,1BA$1.40
The Buffalo Palace Apartments1 Bedroom1BR,1BA$1.60
378 N Legion Dr378 N Legion Dr2BR,1BA$1.12
IS Lofts1BR/1.0BA1BR,1BA$1.38
Steeple Bay Estates2BD1BA2BR,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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Best Local Schools in
Valley, Buffalo, NY

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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 IS Lofts which is listed at $1,100, 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 9 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 $413 which is $5,587 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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.