Much like other places in this area, it's significantly less expensive compared to the rest of the country. Compared to the city of Fargo, it is substantially less expensive.
Home prices
The median home price in Buffalo is $125,000. This is is very similar compared to its nearby areas.Compared to the nation as a whole it is roughly $92,500 (42%) lower, and is about $87,100 (41%) lower in comparison to the city of Fargo.
Rents
The median rent in Buffalo is $466 per month. It is roughly $179 (27%) lower compared to its surrounding areas.In comparison to the United States as a whole it is roughly $596 (56%) lower, and in comparison to the city of Fargo it is roughly $357 (43%) lower.
Nearby places
Tower City
Tower City is roughly 5 miles west from Buffalo. Its housing prices are fairly similar. The median home cost in Tower City is $129,400, which works out to $4,400 (3%) higher than Buffalo. The rent there is pretty similar. Tower City's median rent is $467 a month, which is very similar to Buffalo.
Casselton
Casselton is about 13 miles east from Buffalo. The real estate prices there are substantially more expensive. The median home price in Casselton is $201,300, which comes out to $76,300 (37%) higher than Buffalo. Rent there is somewhat more expensive. In Casselton the median rent is $673 a month, which comes out to $207 (30%) higher than Buffalo.
Fingal
Fingal is roughly 13 miles southwest from Buffalo. Housing prices there are a lot less expensive. The price of the median home in Fingal is $47,500, which comes out to $77,500 (163%) lower than Buffalo. Rents there are substantially more expensive. Fingal's median rent is $688 a month, which works out to $222 (32%) higher than Buffalo.
Amenia
Amenia is approximately 14 miles east of Buffalo. Its real estate prices are a little more expensive. The median home in Amenia costs $162,500, which is $37,500 (23%) higher than Buffalo. Rent there is significantly more expensive. In Amenia the median rent is $870 a month, which works out to $404 (46%) higher than Buffalo.
Page
Page is roughly 14 miles north from Buffalo. Its housing prices are significantly less expensive. Page's median home price is $83,800, which comes out to $41,200 (49%) lower than Buffalo. Rents there are a bit more expensive. In Page the median monthly rent is $525, which comes out to $59 (11%) higher than Buffalo.