ZIP Code · NY

ZIP 14201

Part of Buffalo, NY
Pop. 12,369·Erie County·308th most expensive ZIP in New York
Median rent (all units)
$1,315/mo
Year-over-Year
+3.2%
Month-over-Month
Stable
vs US Median
-$617
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 14201 · $1,315
More affordable than 85% of US ZIP codes · National median $1,932/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,150
2 BR
$1,360
3 BR
$1,660
4 BR+
$1,890
Research median
$1,360/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 14201 is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of New York

Rent in ZIP 14201 changed +3.2% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($40,512) is $1,013 a month. That is less than HUD's Fair Market Rent for a studio ($1,120).

Rank in Buffalo

6th cheapest of 19 ZIP codes in Buffalo.

Cheaper nearby

ZIP 14206, 4 miles away, rents for 11% less ($1,165/mo), about $1,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 14201. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,780/yr
At $1,315/mo median
Location
StateNY
CountyErie County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 14201 (Buffalo, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.2% of residents hold a bachelor's degree or higher.

Population
12,369
Median income
$40,512
Median age
34.3
Renters
76.4%
Age distribution
20.3%
30.9%
25%
12.4%
Under 1820.3%
18–3430.9%
35–5425%
55–6411.5%
65+12.4%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
46.1%
14.4%
35.1%
White46.1%
Black14.4%
Hispanic35.1%
Asian1.8%
Other2.5%
Education (25+)
17.3%
22.8%
20.7%
39.2%
No HS diploma17.3%
HS diploma22.8%
Some college20.7%
Bachelor's+39.2%
Housing tenure
23.6%
76.4%
Owner23.6%
Renter76.4%

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

2022 vs 2026

How ZIP 14201 in Buffalo, NY has changed in 5 years

Rent
$1,038 → $1,315
up 26.7%
Income
$31,942 → $40,512
up 26.8%
Population
12,403 → 12,369
down 0.3%
Renter share
78% → 76.4%
-1.6 pts
Bachelor's+
35.7% → 39.2%
+3.5 pts
Median age
33.1 → 34.3
+1.2 yrs

Compared with 2022, rent in ZIP 14201 in Buffalo, NY has increased by $277 per month, settling near $1,315 after starting the period at $1,038. Census figures show median household income at $40,512 today, compared with $31,942 five years earlier. About 76.4% of households rent today, against 78% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35.7% to 39.2%. 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 14201

Last updated: October 17, 2026

ZIP code 14201 covers Buffalo, NY. The median rent here is $1,315/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,360/mo.

At 39% of local median household income ($40,512/yr), ZIP 14201 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14201?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,315/mo in ZIP 14201. The local median household income is $40,512/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 14201?

Rent in ZIP 14201 has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2022.

How does ZIP 14201 compare to other ZIPs in New York?

ZIP 14201 is one of the more affordable among New York ZIP codes for rent, ranking #308 of 334 at $1,315/mo. Over the year to September 2026, rent in ZIP 14201 changed +3.2%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.

How does ZIP 14201 compare to the rest of Buffalo?

At $1,315/mo, ZIP 14201 is $106 below the Buffalo citywide median of $1,421/mo. It is the 6th cheapest of 19 ZIP codes in Buffalo.
Income Affordability
39%
MODERATE

At $1,315/mo, rent takes ~39% of ZIP 14201's median household income ($40,512/yr). The standard benchmark is 30%.

ZIP 14201 39%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 14201 (Buffalo, NY)

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