ZIP Code · NY

ZIP 14202

Part of Buffalo, NY
Pop. 3,862·Erie County·261st most expensive ZIP in New York
Median rent (all units)
$1,653/mo
Year-over-Year
Stable
Month-over-Month
-1.8%
vs US Median
-$279
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 14202 · $1,653
More affordable than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,160
2 BR
$1,370
3 BR
$1,670
4 BR+
$1,910
Research median
$1,370/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

What a typical income covers

30% of the median household income ($56,528) is $1,413 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,370); a 3-bedroom is $1,670.

Rank in Buffalo

15th cheapest of 19 ZIP codes in Buffalo.

Cheaper nearby

ZIP 14201, 1 mile away, rents for 20% less ($1,315/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 14202. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,836/yr
At $1,653/mo median
Location
StateNY
CountyErie County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 14202 (Buffalo, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 48.3% of residents hold a bachelor's degree or higher.

Population
3,862
Median income
$56,528
Median age
38.1
Renters
78.1%
Age distribution
33.1%
28.8%
12.1%
14.7%
Under 1811.3%
18–3433.1%
35–5428.8%
55–6412.1%
65+14.7%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
45.8%
29.1%
25.8%
White45.8%
Black29.1%
Hispanic25.8%
Asian4.2%
Education (25+)
24.3%
19.1%
48.3%
No HS diploma8.3%
HS diploma24.3%
Some college19.1%
Bachelor's+48.3%
Housing tenure
21.9%
78.1%
Owner21.9%
Renter78.1%

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

2021 vs 2026

How ZIP 14202 in Buffalo, NY has changed in 5 years

Income
$50,526 → $56,528
up 11.9%
Population
3,909 → 3,862
down 1.2%
Renter share
74.8% → 78.1%
+3.3 pts
Bachelor's+
41.9% → 48.3%
+6.4 pts

Local incomes tracked alongside that move, going from a median of $50,526 in 2021 to $56,528 more recently. Headcount in the area went from 3,909 to 3,862 between 2021 and 2024, a 1.2% change. About 78.1% of households rent today, against 74.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.9% to 48.3%.

Community

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Local insights

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About renting in ZIP 14202

Last updated: October 17, 2026

ZIP code 14202 covers Buffalo, NY. The median rent here is $1,653/mo as of October 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,370/mo.

At 35% of local median household income ($56,528/yr), ZIP 14202 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14202?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,653/mo in ZIP 14202. The local median household income is $56,528/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 14202?

Rent in ZIP 14202 has been roughly flat over the past year, a 0.0% change.

How does ZIP 14202 compare to other ZIPs in New York?

ZIP 14202 is one of the more affordable among New York ZIP codes for rent, ranking #261 of 334 at $1,653/mo.

How does ZIP 14202 compare to the rest of Buffalo?

At $1,653/mo, ZIP 14202 is $232 above the Buffalo citywide median of $1,421/mo. It is the 15th cheapest of 19 ZIP codes in Buffalo.
Income Affordability
35%
MODERATE

At $1,653/mo, rent takes ~35% of ZIP 14202's median household income ($56,528/yr). The standard benchmark is 30%.

ZIP 14202 35%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 14202 (Buffalo, NY)

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