Home prices
The median home in Buffalo is valued at $89,800. In comparison to other places in this area this is roughly $29,567 (24%) lower.Compared to the entire nation it is about $127,700 (58%) lower.
Rents
The median rent in Buffalo is $776 per month. It is is very similar in comparison to its nearby areas.Compared to the entire nation it is about $286 (26%) lower.
Nearby places
Sloan
Sloan is Buffalo's neighbor to the east. The real estate prices there are a bit less expensive. The price of the median home in Sloan is $78,600, which comes out to $11,200 (14%) lower than Buffalo. The rent there is a little less expensive. In Sloan the median monthly rent is $647, which comes out to $129 (19%) lower than Buffalo.
Kenmore
Kenmore is Buffalo's neighbor to the north. Its real estate prices are significantly more expensive. The cost of the median home in Kenmore is $133,600, which is $43,800 (32%) higher than Buffalo. Rents there are pretty similar. The median rent in Kenmore is $783 per month, which is very similar to Buffalo.
Cheektowaga
Cheektowaga is Buffalo's neighbor to the east. Housing prices there are a bit more expensive. The median home in Cheektowaga is valued at $114,100, which is $24,300 (21%) higher than Buffalo. Its rents are a bit more expensive. Cheektowaga's median rent is $845 per month, which comes out to $69 (8%) higher than Buffalo.
Eggertsville
Eggertsville is Buffalo's neighbor to the northeast. Housing prices there are substantially more expensive. The median home in Eggertsville is valued at $155,900, which is $66,100 (42%) higher than Buffalo. Its rents are somewhat more expensive. The median monthly rent in Eggertsville is $885, which is $109 (12%) higher than Buffalo.
Lackawanna
Lackawanna is Buffalo's neighbor to the south. The housing prices there are a bit more expensive. The median home in Lackawanna costs $94,700, which works out to $4,900 (5%) higher than Buffalo. Its rents are a bit less expensive. The median rent in Lackawanna is $656 per month, which works out to $120 (18%) lower than Buffalo.
Tonawanda
Tonawanda is Buffalo's neighbor to the north. The real estate prices there are substantially more expensive. The median home in Tonawanda costs $139,300, which comes out to $49,500 (35%) higher than Buffalo. Rents there are somewhat more expensive. In Tonawanda the median monthly rent is $863, which works out to $87 (10%) higher than Buffalo.