Cheap Apartments for Rent in the Waterfront Neighborhood of Buffalo, NY from $800 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Waterfront area of Buffalo.

property at 76 Tracy St

76 Tracy St

BuffaloNY14201

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
The Graystone
Studio to 2 Bedroom Apartments

The Graystone

24 S Johnson ParkBuffalo, NY 14201
  • Utilities Included

Buffalo's Best Affordable Neighborhoods

Learn about Buffalo with original content written by Local Expert, Patrick Ryan

close
View Me
49 Johnson Park
Studio to 1 Bedroom Apartments

49 Johnson Park

49 Johnson ParkBuffalo, NY 14201
  • Utilities Included
close
View Me
201 West Huron
1 Bedroom Apartments

201 West Huron

201 W Huron StBuffalo, NY 14201
  • Utilities Included
close
View Me
Turner Bros. Lofts
1 to 2 Bedroom Apartments

Turner Bros. Lofts

295 Niagara StBuffalo, NY 14201
  • Utilities Included
close
View Me
507 Niagara St
1 Bedroom Apartments

507 Niagara St

507 Niagara StBuffalo, NY 14201
  • Utilities Included

Waterfront, Buffalo, NY Local Guide

Cheapest Available Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Waterfront area of Buffalo, NY is a Studio unit found at Peace Bridge Place priced from $1,045. Pine Harbor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,091. Here are the most affordable Waterfront apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
Peace Bridge PlaceStudioStudio,1BA$1,045
Pine HarborOne Bed / One Bath1BR,1BA$1,091
Allentown SquareStudio B -ALL UTILITIES INCLUDEDStudio,1BA$1,175
The Police ApartmentsStudioStudio,1BA$1,178
Michigan Place ApartmentsstudiosStudio,1BA$1,199

Best Value Apartments for Rent in Waterfront, NY

As of April 25, 2025 the best value apartment in the Waterfront area is the $1.55 price per square foot 2 Bedroom 2 Bathrooms Model at The Lofts at Elk Terminal in the in the Downtown Buffalo neighborhood starting from $2,620. The second greatest value Waterfront apartment is the 2 Bedroom 2 Bath Model at 100 South starting at $2,250 with a $1.64 price per square foot in the Downtown Buffalo neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at Elk Terminal2 Bedroom 2 Bathrooms2BR,2BA$1.55
100 South2 Bedroom 2 Bath2BR,2BA$1.64
Piano Factory Lofts2BR2BR,1BA$1.79
The Police Apartments1 Bed1BR,1BA$1.67
Cottage Street Lofts72 Days Park (left)1BR,1BA$1.50
Theater Place Apartments780 SF1BR,1BA$2.15
130 Pearl1 Bedroom 1 Bath1BR,1BA$2.01
Pine HarborTwo Bed / One Bath2BR,1BA$1.93
Campus West1 Bedroom C1BR,1BA$2.08
Allentown SquareStudio B -ALL UTILITIES INCLUDEDStudio ,1BA$2.10

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

Pet Friendly Lifestyle
Waterfront, Buffalo, NY

Ranked #12

Among neighborhoods in Buffalo, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Waterfront Neighborhood in Buffalo, NY

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Waterfront Apartments

What is a cheap apartment in Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterfront is under $1,550.

What is the price of a cheap apartment in Waterfront?

The cheapest apartment in Waterfront is Pine Harbor which is listed at $1,091, while the average apartment in Waterfront costs $4,013.

What types of apartments are the cheapest in Waterfront?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Waterfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waterfront?

Cheap apartments in Waterfront have an average cost of $305 which is $3,708 cheaper than the average rent for all rentals in Waterfront.

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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.