ZIP Code · NY

ZIP 14150

Part of Tonawanda, NY

Pop. 41,260·Erie County·313th most expensive ZIP in New York

Median rent (all units)

$1,310/mo

Year-over-Year

+1.8%

Month-over-Month

Stable

vs US Median

-$622

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 14150 · $1,310

More affordable than 86% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,170

1 BR

$1,200

2 BR

$1,420

3 BR

$1,730

4 BR+

$1,980

Research median

$1,420/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 14150 is 1.1% below its high of $1,324 in March 2026, at $1,310 as of September 2026.

Past year vs. the rest of New York

Rent in ZIP 14150 changed +1.8% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

What a typical income covers

30% of the median household income ($71,406) is $1,785 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,730); a 4-bedroom is $1,980.

Cheaper nearby

ZIP 14206, 9 miles away, rents for 11% less ($1,165/mo), about $1,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 14150. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,720/yr

At $1,310/mo median

Location

CityTonawanda

StateNY

CountyErie County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.8% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 14150 (Tonawanda, NY) is majority owner-occupied, has a large retiree population, 33.7% of residents hold a bachelor's degree or higher.

Population

41,260

Median income

$71,406

Median age

42.1

Renters

27.9%

Age distribution

17.2%

21.3%

25%

15.2%

21.3%

Under 1817.2%

18–3421.3%

35–5425%

55–6415.2%

65+21.3%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

88.1%

White88.1%

Black3.1%

Hispanic6.1%

Asian1.7%

Other1%

Education (25+)

25.8%

35.2%

33.7%

No HS diploma5.4%

HS diploma25.8%

Some college35.2%

Bachelor's+33.7%

Housing tenure

72.1%

27.9%

Owner72.1%

Renter27.9%

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

2022 vs 2026

How ZIP 14150 in Tonawanda, NY has changed in 5 years

Rent

$1,152 → $1,310

up 13.7%

Income

$62,852 → $71,406

up 13.6%

Population

41,956 → 41,260

down 1.7%

Renter share

28.5% → 27.9%

-0.6 pts

Bachelor's+

30.8% → 33.7%

+2.9 pts

Median age

42.9 → 42.1

-0.8 yrs

Across the past five years, the going rent in ZIP 14150 in Tonawanda, NY has shifted from $1,152 to $1,310, up 13.7% since 2022. Census figures show median household income at $71,406 today, compared with $62,852 five years earlier. Census counts show ZIP 14150 in Tonawanda, NY losing about 696 residents over the five-year window, down 1.7% on net. Bachelor's-degree-or-higher attainment moved from 30.8% to 33.7% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 14150

Last updated: October 17, 2026

ZIP code 14150 covers Tonawanda, NY. The median rent here is $1,310/mo as of October 2026. A 1-bedroom rents for a median of $1,200/mo. A 2-bedroom rents for a median of $1,420/mo.

At 22% of local median household income ($71,406/yr), ZIP 14150 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14150?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,310/mo in ZIP 14150. The local median household income is $71,406/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 14150?

Rent in ZIP 14150 has risen 1.8% over the past year as of September 2026. It sits 1.1% below its high of $1,324 in March 2026.

How does ZIP 14150 compare to other ZIPs in New York?

ZIP 14150 is one of the more affordable among New York ZIP codes for rent, ranking #313 of 334 at $1,310/mo. Over the year to September 2026, rent in ZIP 14150 changed +1.8%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.