Cheap Homes for Rent in Downtown Buffalo Neighborhood of Buffalo, NY from $900 (2 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Downtown Buffalo area of Buffalo.

property at 76 Tracy St

76 Tracy St

BuffaloNY14201

Downtown Buffalo, Buffalo, NY Local Guide

Best Value Apartments for Rent in Downtown Buffalo, NY

As of April 08, 2025 the best value apartment in the Downtown Buffalo area is the $1.60 price per square foot Townhouse Model at 151 E Eagle St in the in the Downtown Buffalo neighborhood starting from $2,200. The second greatest value Downtown Buffalo apartment is the 1 Bedroom 1.5 Bathrooms Model at The Lofts at Elk Terminal starting at $1,895 with a $1.77 price per square foot in the Downtown Buffalo neighborhood. Here is today’s list of the best values for Downtown Buffalo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
151 E Eagle StTownhouse2BR,2BA$1.60
The Lofts at Elk Terminal1 Bedroom 1.5 Bathrooms1BR,1.5BA$1.77
The Annex ApartmentsE2BR,1BA$2.50
Piano Factory Lofts2BR2BR,1BA$1.79
The Police Apartments1 Bed1BR,1BA$1.67
The Alexandre Apartments1 Bedroom 1.5 Bath1BR,1.5BA$2.22
100 South1 Bedroom 1 Bathroom1BR,1BA$1.97
Theater Place Apartments11BR,1BA$2.15
201 Ellicott2 Bedrooms2BR,1BA$1.68
130 Pearl1 Bedroom 1 Bath1BR,1BA$2.01

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Downtown Buffalo

What type of rentals are currently available in Downtown Buffalo?

There are currently 77 Apartments for Rent in Downtown Buffalo, NY with pricing that ranges from $690 to $5,000. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Buffalo ranging from $925 to $6,000.

What is the current price range for Rental Homes in Downtown Buffalo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Buffalo ranges from $925 to $6,000 with an average monthly rent of $2,898.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY article

A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY

Written by: Patrick Ryan

There’s nothing better than living in a college town. The setting is vibrant, the people are happy and there’s always a good time to be had.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.