At $1,696/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,696 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Depew changed +13.7% over the year to September 2026. Across the 82 New York cities Zillow tracks, the typical change was +5.3%.
Rent has risen 13 months in a row, and rose in 12 of the last 12 months.
30% of the median household income ($73,556) is $1,839 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,690).
Buffalo, 7 miles away, rents for 16% less ($1,421/mo), about $3,300 a year in savings.
From Zillow's monthly rent index (ZORI) for Depew. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Depew, NY is majority owner-occupied, has a large retiree population, 25.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Depew, NY has changed in 5 years
Census figures show median household income at $73,556 today, compared with $65,292 five years earlier. Headcount in the area went from 15,188 to 15,000 between 2021 and 2024, a 1.2% change. About 23.7% of households rent today, against 25.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 21.6% to 25.1%.
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Can you afford rent in Depew on your salary?
At $1,696/mo, how Depew rent compares to typical pay (30% rule).
Depew rent by bedroom count
Median rent for each apartment size in Depew. Click any size for full breakdown.
Tips for renters in Depew
Last updated: October 17, 2026
The median rent in Depew is $1,696/mo as of October 2026. A studio apartment averages $1,000/mo while a 2-bedroom runs $1,220/mo. One-bedroom apartments average $1,040/mo and 3-bedroom units go for $1,490/mo.
At 28% of local median household income ($73,556/yr), Depew ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.8% over the past year.
Frequently asked questions
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Is rent going up or down in Depew?
How does Depew rent compare to other cities in New York?
At $1,696/mo, rent takes ~28% of Depew's median household income ($73,556/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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