
Cheap Apartments for Rent in the Valley Neighborhood of Buffalo, NY from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Valley area of Buffalo.


Ellicott Town Center

77 Johnson Park

Total Monthly Price
1661 Clinton St, Unit lower

294 S Elmwood Ave

76 Tracy St

109 Spaulding St

75 Remoleno St
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.

AP Lofts

701 Perry St

89 Johnson Park

314 Abbott Rd

Total Monthly Price
Antrim Apartments

Total Monthly Price
220 Stevenson St, Unit Upper Rear

South City Apartments

Steeple Bay Estates
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.

64 Sweet Ave

6 Yale Pl

Towne Gardens

Holling Place Apartments

AC Lofts

950 Broadway St

49 Johnson Park

The Graystone
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.

Touraine Apartments

Hydraulics Lofts

The Forge on Broadway

Carriage House Square

McDermott Lofts

Seneca Street Lofts

Ellicott Park Townhomes

201 West Huron
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.

The Barrel Factory Lofts

IS Lofts
Valley, Buffalo, NY Local Guide

How much does it cost to rent an apartment in Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Valley Studio Apartments | $1,535 | $850 | $2,300 |
| Valley 1 Bedroom Apartments | $1,733 | $690 | $3,820 |
| Valley 2 Bedroom Apartments | $1,611 | $550 | $5,000 |
| Valley 3 Bedroom Apartments | $1,723 | $625 | $3,160 |
| Valley 4 Bedroom Apartments | $1,696 | $675 | $4,200 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Valley Neighborhood of Buffalo, NY.
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Valley, Buffalo, NY Local Guide
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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 $1,022. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| AP Lofts | 1 Bedroom | 1BR,1BA | $1,022 |
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1,100 |
| Steeple Bay Estates | 2BD1BA | 2BR,1BA | $1,100 |
| Pine Harbor Apartments | One Bed / One Bath | 1BR,1BA | $1,136 |
| Park Place Townhomes | Two Bedroom Townhome | 2BR,1BA | $1,240 |
Best Value Apartments for Rent in Valley, NY
As of March 01, 2026 the best value apartment in the Valley area is the $0.90 price per square foot 839 McKinley Pkwy Model at 839 McKinley Pkwy, Unit lower in the in the South Buffalo neighborhood starting from $1,350. The second greatest value Valley apartment is the 1 Bedroom 1 Bathroom Model at The Lofts at Elk Terminal starting at $1,695 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 839 McKinley Pkwy, Unit lower | 839 McKinley Pkwy | 3BR,1BA | $0.90 |
| The Lofts at Elk Terminal | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
| 58 Roanoke Pky, Unit 2 | 58 Roanoke Pky | 3BR,1BA | $1.02 |
| Webb of Buffalo | 2BR/1.0BA | 2BR,1BA | $1.24 |
| 201 Mackinaw St, Unit Upper Front | 201 Mackinaw St | 2BR,1BA | $1.30 |
| AP Lofts | 1 Bedroom | 1BR,1BA | $1.10 |
| 156 Melrose St, Unit 4 | 156 Melrose St | 2BR,1BA | $1.39 |
| IS Lofts | 1BR/1.0BA | 1BR,1BA | $1.38 |
| Steeple Bay Estates | 2BD1BA | 2BR,1BA | $1.47 |
| 220 Stevenson St, Unit Upper Rear | 220 Stevenson St | 1BR,1BA | $1.43 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
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 $1,240.
What is the price of a cheap apartment in Valley?
The cheapest apartment in Valley is AP Lofts which is listed at $1,022, 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 15 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 $412 which is $1,338 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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.