Cheap Apartments for Rent in the Valley Neighborhood of Buffalo, NY from $500 (30 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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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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Towne Gardens
1 to 3 Bedroom Apartments

Towne Gardens

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

AC Lofts

136 N Division 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
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Hydraulics Lofts
Studio to 3 Bedroom Apartments

Hydraulics Lofts

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

The Forge on Broadway

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

Carriage House Square

41-43 W Tupper StBuffalo, NY 14202
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Seneca Street Lofts
1 to 2 Bedroom Apartments

Seneca Street Lofts

550 Seneca StBuffalo, NY 14204
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McDermott Lofts
Studio to 1 Bedroom Apartments

McDermott Lofts

169 Elk StBuffalo, NY 14210
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201 West Huron
1 to 2 Bedroom Apartments

201 West Huron

201 W Huron StBuffalo, NY 14201
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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.

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 $1,045. Pine Harbor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,136. Here are the most affordable Valley apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
AP Lofts1 Bedroom1BR,1BA$1,045
Pine Harbor ApartmentsOne Bed / One Bath1BR,1BA$1,136
Steeple Bay Estates2BD1BA2BR,1BA$1,150
The Police ApartmentsStudioStudio,1BA$1,200
Park Place TownhomesTwo Bedroom Townhome2BR,1BA$1,265
The SinclairStudio, 1 bathStudio,1BA$1,400
201 Ellicott1 Bedrooms1BR,1BA$1,400

Best Value Apartments for Rent in Valley, NY

As of December 27, 2025 the best value apartment in the Valley area is the $1.53 price per square foot 628 Washington St Model at 628 Washington St, Unit 3rd Floor in the in the Downtown Buffalo neighborhood starting from $2,850. The second greatest value Valley apartment is the 504 Washington St Model at 504 Washington St, Unit Lower starting at $1,695 with a $1.13 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.
628 Washington St, Unit 3rd Floor628 Washington St2BR,2BA$1.53
504 Washington St, Unit Lower504 Washington St1BR,1.5BA$1.13
Cathedral Place2 bedroom2BR,2BA$1.53
The Lofts at Elk Terminal1 Bedroom 1 Bathroom1BR,1BA$1.17
133 Southside Pkwy, Unit 1133 Southside Pkwy2BR,1BA$1.00
85 Abbott Rd, Unit Upper - Left85 Abbott Rd2BR,1BA$1.10
625 Main Street2 bedroom2BR,1BA$1.60
28 Red Jacket Pky, Unit #228 Red Jacket Pky2BR,1BA$1.21
AP Lofts1 Bedroom1BR,1BA$1.13
Steeple Bay Estates2BD1BA2BR,1BA$1.53

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
Valley, Buffalo, NY

Ranked #32

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 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 $1,400.

What is the price of a cheap apartment in Valley?

The cheapest apartment in Valley is AP Lofts which is listed at $1,045, while the average apartment in Valley costs $1,750.

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 $532 which is $1,218 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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.