The median home in Buffalo, New York is valued at $229,957, up 3.8% year over year. Typical monthly rent is $1,373, producing a price-to-rent ratio of 14x — below the national average of 18x. Buffalo is part of the Buffalo-Cheektowaga, NY metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Buffalo-Cheektowaga, NY stress score, crash risk, and 12-month forecast →

Home Value$229,957

+3.8%

Rent$1,373/mo

AFFORDABILITY

Enter your income for Buffalo.

Income (annual)

Down Payment

$45,991 on $229,957

Affordable — 26.3% of income

Under the 28% guideline.

PITI$1,642

P/I26.3%

Afford$245K

Room+$15K

P&I $1,163Tax $330Ins $150

Renting $269/mo cheaper ($1,373 rent)6.50% 30yr, 20% down, county tax + NY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New York

Compare Buffalo with other housing markets across New York.

Sagaponack$7210K Water Mill$4535K Bridgehampton$4439K Wainscott$3780K Sands Point$3176K Amagansett$2966K Old Westbury$2853K Quogue$2769K

Full Buffalo-Cheektowaga, NY analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Buffalo-Cheektowaga, NY metro.

View Buffalo-Cheektowaga, NY metro →

BUFFALO, NY