Affordable
Expensive
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These days, finding an affordable place to live in the Central Business District-Buffalo area can be challenging. Home prices in Central Business District-Buffalo are now at a median cost of $616,103, higher than the Buffalo average of $234,281.
The average cost of rent is $1,292/mo in Central Business District-Buffalo, primarily driven by the current value of real estate in the Central Business District-Buffalo area. In Central Business District-Buffalo, 90.02% of households rent, and 69.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Business District-Buffalo is $5,175 per month. Households that rent pay about 24.96% of their income on rent here. Central Business District-Buffalo’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Willert Park, Buffalo, NY: less expensive homes
- Allen, Buffalo, NY: less expensive homes
- Lakeview, Buffalo, NY: less expensive homes
- Larkinville, Buffalo, NY: less expensive homes
- Bryant, Buffalo, NY: less expensive homes
- Front Park, Buffalo, NY: less expensive homes
- Broadway-Fillmore, Buffalo, NY: less expensive homes
- Kingsley, Buffalo, NY: less expensive homes
- Delaware-West Ferry, Buffalo, NY: less expensive homes
- Babcock, Buffalo, NY: less expensive homes
Neighborhoods with Similar Populations
- Putnam Lake, Patterson, NY: less expensive homes
- Anatolia Village, Rancho Cordova, CA: equally priced homes
- Westchester, Catonsville, MD: less expensive homes
- Amtrak, San Bernardino, CA: less expensive homes
- Village 12, Sacramento, CA: equally priced homes
- Terrace-Shurtleff, Napa, CA: higher priced homes
- South Flagstaff, Flagstaff, AZ: equally priced homes
- Prairie Point-Wildberry, Kansas City, MO: less expensive homes
- Port Dixie, Lake Lorraine, FL: less expensive homes
- Northwest Redlands, Redlands, CA: less expensive homes
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