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ZIP Code · NY

ZIP 14072

Pop. 21,488·Erie County·227th most expensive ZIP in New York
Median rent (all units)
$2,089/mo
Year-over-Year
Stable
Month-over-Month
+12.2%
vs US Median
+$124
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 14072 · $2,089
More expensive than 65% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,380
2 BR
$1,630
3 BR
$1,990
4 BR+
$2,270
Research median
$1,630/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,068/yr
At $2,089/mo median
Location
StateNY
CountyErie County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +12.2% MoM), not inventory.
Demographics

Who lives here

ZIP 14072 (Grand Island, NY) is majority owner-occupied, has a large retiree population, has a median income above the national average, 46.5% of residents hold a bachelor's degree or higher.

Population
21,488
Median income
$115,991
Median age
45.7
Renters
18.4%
Age distribution
19.9%
15.4%
27%
15.4%
22.3%
Under 1819.9%
18–3415.4%
35–5427%
55–6415.4%
65+22.3%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
90.7%
White90.7%
Black1.3%
Hispanic2.7%
Asian1.6%
Other3.7%
Education (25+)
21.8%
27.6%
46.5%
No HS diploma4.1%
HS diploma21.8%
Some college27.6%
Bachelor's+46.5%
Housing tenure
81.6%
18.4%
Owner81.6%
Renter18.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 14072 in Grand Island, NY has changed in 5 years

Income
$97,128 → $115,991
up 19.4%
Population
21,340 → 21,488
up 0.7%
Renter share
20.5% → 18.4%
-2.1 pts
Bachelor's+
40.8% → 46.5%
+5.7 pts
Median age
44.6 → 45.7
+1.1 yrs

Household income in the area moved from $97,128 to $115,991 across the same window, up 19.4% versus 2021. The renter share has eased from 20.5% to 18.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 40.8% to 46.5% across the same window.

Community

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Local insights

Tips for renters in ZIP 14072

About renting in ZIP 14072

Last updated: July 20, 2026

ZIP code 14072 covers Grand Island, NY. The median rent here is $2,089/mo as of July 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,630/mo.

At 22% of local median household income ($115,991/yr), ZIP 14072 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 14072?

As of July 20, 2026, the median monthly rent in ZIP 14072 (Grand Island, NY) is $2,089. This is based on aggregated data from public sources and community submissions.

How does ZIP 14072 rent compare to the US average?

ZIP 14072's median rent of $2,089/mo is $124 (6%) above the US national median of $1,965/mo.

How does ZIP 14072 compare to other ZIPs in New York?

ZIP 14072 falls in the middle range for New York, ranking #227 out of 344 ZIPs at $2,089/mo.

How much income do you need to rent in ZIP 14072?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,089/mo in ZIP 14072. The local median household income is $115,991/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 14072?

Rent in ZIP 14072 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 14072 an affordable place to rent?

ZIP 14072 is considered very affordable for renters. At $2,089/mo, rent takes approximately 22% of the local median household income ($115,991/yr). The standard benchmark is 30%. ZIP 14072 falls comfortably within that range.

What percentage of ZIP 14072 residents rent vs. own?

According to Census data, approximately 18.4% of ZIP 14072 households are renters, while 81.6% are owner-occupied. ZIP 14072 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 14072 compare to the rest of Grand Island?

ZIP 14072 sits right at the Grand Island citywide median of $2,089/mo.

When was rent data for ZIP 14072 last updated?

Rent data for ZIP 14072 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,089/mo, rent takes ~22% of ZIP 14072's median household income ($115,991/yr). The standard benchmark is 30%.

ZIP 14072 22%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 14072 (Grand Island, NY)

Recent submissions

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