ZIP Code · NY

ZIP 14206

Part of Buffalo, NY

Pop. 21,631·Erie County·329th most expensive ZIP in New York

Median rent (all units)

$1,165/mo

Year-over-Year

+6.6%

Month-over-Month

+1.9%

vs US Median

-$767

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 14206 · $1,165

More affordable than 93% 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

$970

1 BR

$1,000

2 BR

$1,180

3 BR

$1,440

4 BR+

$1,640

Research median

$1,180/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

Past year vs. the rest of New York

Rent in ZIP 14206 changed +6.6% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($50,450) is $1,261 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,180); a 3-bedroom is $1,440.

Rank in Buffalo

1st cheapest of 19 ZIP codes in Buffalo.

From Zillow's monthly rent index (ZORI) for ZIP 14206. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,980/yr

At $1,165/mo median

Location

CityBuffalo

StateNY

CountyErie County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.6% YoY, +1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 14206 (Buffalo, NY) is majority owner-occupied, has a median income below the national average, 16.3% of residents hold a bachelor's degree or higher.

Population

21,631

Median income

$50,450

Median age

38.6

Renters

39.3%

Age distribution

22.8%

21.9%

25%

15.4%

14.9%

Under 1822.8%

18–3421.9%

35–5425%

55–6415.4%

65+14.9%

Gender

51.9%

48.1%

Male51.9%

Female48.1%

Race & ethnicity

66.7%

13.9%

15%

White66.7%

Black13.9%

Hispanic15%

Asian3.8%

Other0.6%

Education (25+)

12.9%

40.1%

30.7%

16.3%

No HS diploma12.9%

HS diploma40.1%

Some college30.7%

Bachelor's+16.3%

Housing tenure

60.7%

39.3%

Owner60.7%

Renter39.3%

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

2021 vs 2026

How ZIP 14206 in Buffalo, NY has changed in 5 years

Income

$41,741 → $50,450

up 20.9%

Population

21,479 → 21,631

up 0.7%

Renter share

38% → 39.3%

+1.3 pts

Bachelor's+

17.7% → 16.3%

-1.4 pts

Median age

40.3 → 38.6

-1.7 yrs

Median household income rose from $41,741 to $50,450 between 2021 and 2024, a 20.9% shift.

Community

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Local insights

Tips for renters in ZIP 14206

About renting in ZIP 14206

Last updated: October 17, 2026

ZIP code 14206 covers Buffalo, NY. The median rent here is $1,165/mo as of October 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,180/mo.

At 28% of local median household income ($50,450/yr), ZIP 14206 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14206?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,165/mo in ZIP 14206. The local median household income is $50,450/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 14206?

Rent in ZIP 14206 has risen 6.6% over the past year.

How does ZIP 14206 compare to other ZIPs in New York?

ZIP 14206 is one of the more affordable among New York ZIP codes for rent, ranking #329 of 334 at $1,165/mo. Over the year to September 2026, rent in ZIP 14206 changed +6.6%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.