Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Buffalo area can be challenging. Home prices in Buffalo are now at a median cost of $145,833, lower than the Indiana average of $175,617.
The average cost of rent is $768/mo in Buffalo, primarily driven by the current value of real estate in the Buffalo area. While nearly 43.85% of residents own their homes outright in Buffalo, 7.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Buffalo is $7,008 per month. Households that rent pay about 10.96% of their income on rent here. Buffalo's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Sitka, IN: less expensive homes
- Headlee, IN: less expensive homes
- Monon, IN: less expensive homes
- Indiana Beach, IN: higher priced homes
- Pulaski, IN: less expensive homes
- Monticello, IN: equally priced homes
- Francesville, IN: less expensive homes
- Idaville, IN: less expensive homes
- Lee, IN: less expensive homes
- Star City, IN: less expensive homes
Cities with Similar Populations
- Little Needmore, KY: higher priced homes
- Wolf Creek, WI: higher priced homes
- Kent, VA: equally priced homes
- Winston, VA: higher priced homes
- Battiest, OK: less expensive homes
- Indian Mills, WV: less expensive homes
- Hyak, WA: higher priced homes
- Hughes, LA: less expensive homes
- Horsegall, SC: less expensive homes
- Zoar, NY: higher priced homes
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