Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Kensington area can be challenging. Home prices in Kensington are now at a median cost of $124,288, lower than the Buffalo average of $234,281.
The average cost of rent is $1,284/mo in Kensington, primarily driven by the current value of real estate in the Kensington area. In Kensington, 50.70% of households rent, and 42.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kensington is $4,515 per month. Households that rent pay about 28.43% of their income on rent here. Kensington’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Lasalle, Buffalo, NY: equally priced homes
- Kenfield, Buffalo, NY: less expensive homes
- University, Buffalo, NY: higher priced homes
- Leroy, Buffalo, NY: less expensive homes
- Starin Central, Buffalo, NY: higher priced homes
- Grider, Buffalo, NY: less expensive homes
- Schiller Park, Buffalo, NY: equally priced homes
- Genesee Moselle, Buffalo, NY: less expensive homes
- Hamlin Park, Buffalo, NY: higher priced homes
- Mlk Park, Buffalo, NY: equally priced homes
Neighborhoods with Similar Populations
- Airport-Pines Road, Shreveport, LA: higher priced homes
- South 48th Street, Lincoln, NE: higher priced homes
- Shawnee, Louisville, KY: less expensive homes
- Prospect Park, Minneapolis, MN: higher priced homes
- Oceanway, Jacksonville, FL: higher priced homes
- Northwest Akron, Akron, OH: higher priced homes
- North Deering, Portland, ME: higher priced homes
- McMurray-Huntingdon, Nashville, TN: higher priced homes
- Lawndale, Philadelphia, PA: higher priced homes
- La Homa, Mission, TX: equally priced homes
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