Apartments in Buffalo

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5
$780
103 14Th St NE Buffalo, MN
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Senior Community
Income Restricted
5
$1,900
Buffalo, MN
3 BR | May. 1, 2024
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House
Balcony/Deck/Patio
Storage
Dishwasher
14
$1,775
Buffalo, MN
Studio | Available Now
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House
Storage
Dishwasher
2
$1,085
Buffalo, MN
2 BR | Jun. 1, 2024
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Air Conditioning
Surface Parking
Storage
Disability Access
2
$1,100 - 1,400
1009 3rd Ave NE Buffalo, MN
1 BR | Available Now
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Surface Parking
Storage
Dishwasher
8
Call for Pricing
Buffalo, MN
Studio | Ask for Availability
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1
Call for Pricing
Buffalo, MN
Studio | Ask for Availability
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How much does it cost to rent an apartment in Buffalo?

Buffalo Apartments
Bed Type Average Rent Range
1BR $1,300 $1,100 - $1,400
2BR $1,090 $1,090 - $1,090

Search Cities Near Buffalo, MN

Buffalo:
March Rent Report

Welcome to the March 2024 Buffalo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Buffalo rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Buffalo and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Buffalo average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Buffalo Rent Prices Increase From February to March

Buffalo rent prices increased over the last month. From February to March, the city experienced a 5.12% increase for the price of a one-bedroom apartment. The rent price for a Buffalo one-bedroom apartments currently stands at $1,150.0.

When we take a look at the two-bedroom comparison from February to March, Buffalo experienced a 3.55% increase for the price of a two-bedroom apartment. The rent price for a Buffalo two-bedroom apartments currently stands at $1,604.0.

March Prices: Buffalo vs. Surrounding Areas

Rent Prices in Buffalo and Surrounding Areas

Rent prices have increased in Buffalo over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Buffalo suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Buffalo suburbs

  • Rents did not decrease in any of the Buffalo suburbs.

March 2024 Pricing Trends: Buffalo vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Buffalo Rent Prices More Affordable Than Major Cities

Rent growth in Buffalo over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Buffalo average rent prices appear to be relatively affordable for local residents.

The price for a Buffalo one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Buffalo and surrounding area rent prices, take a look at the complete data set below.

Data set for Buffalo and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.