Property Prices in Buffalo, NY, United States

Index Info
Price to Income Ratio: 5.73
Mortgage as Percentage of Income: 51.65%
Loan Affordability Index: 1.94
Price to Rent Ratio - City Centre: 16.70
Price to Rent Ratio - Outside of Centre: 15.91
Gross Rental Yield (City Centre): 5.99%
Gross Rental Yield (Outside of Centre): 6.29%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,268.75 $ 950.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,094.44 $ 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 1,768.75 $ 1,100.00-2,600.00
Apartment (3 bedrooms) Outside of Centre 1,661.11 $ 1,300.00-2,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 385.91 $ 167.97-867.71
Price per Square Feet to Buy Apartment Outside of Centre 328.03 $ 167.97-648.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,352.76 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59 6.19-6.80

These data are based on 106 entries in the past 18 months from 26 different contributors.
Last update: December 2024

Sources and References
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