ZIP Code · NY

ZIP 14224

Part of Buffalo, NY

Pop. 41,219·Erie County·278th most expensive ZIP in New York

Median rent (all units)

$1,533/mo

Year-over-Year

Stable

Month-over-Month

+1.2%

vs US Median

-$399

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 14224 · $1,533

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,220

1 BR

$1,260

2 BR

$1,480

3 BR

$1,810

4 BR+

$2,060

Research median

$1,480/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($80,052) is $2,001 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,810); a 4-bedroom is $2,060.

Cheaper nearby

ZIP 14227, 4 miles away, rents for 18% less ($1,254/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 14224. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,396/yr

At $1,533/mo median

Location

CityBuffalo

StateNY

CountyErie County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 14224 (Buffalo, NY) is majority owner-occupied, has a large retiree population, 35% of residents hold a bachelor's degree or higher.

Population

41,219

Median income

$80,052

Median age

43.8

Renters

23.8%

Age distribution

18.4%

20.5%

24.4%

15.3%

21.3%

Under 1818.4%

18–3420.5%

35–5424.4%

55–6415.3%

65+21.3%

Gender

48.1%

51.9%

Male48.1%

Female51.9%

Race & ethnicity

92.5%

White92.5%

Black2.5%

Hispanic3.7%

Asian0.8%

Other0.5%

Education (25+)

27.7%

31.8%

35%

No HS diploma5.4%

HS diploma27.7%

Some college31.8%

Bachelor's+35%

Housing tenure

76.2%

23.8%

Owner76.2%

Renter23.8%

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

2021 vs 2026

How ZIP 14224 in Buffalo, NY has changed in 5 years

Income

$71,537 → $80,052

up 11.9%

Population

40,968 → 41,219

up 0.6%

Renter share

22.3% → 23.8%

+1.5 pts

Bachelor's+

31.8% → 35%

+3.2 pts

Median age

46.3 → 43.8

-2.5 yrs

On the earnings side, the typical household in ZIP 14224 in Buffalo, NY now reports about $80,052, up from $71,537 in 2021. About 23.8% of households rent today, against 22.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 31.8% to 35%.

Community

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Local insights

Tips for renters in ZIP 14224

About renting in ZIP 14224

Last updated: September 25, 2026

ZIP code 14224 covers Buffalo, NY. The median rent here is $1,533/mo as of September 2026. A 1-bedroom rents for a median of $1,260/mo. A 2-bedroom rents for a median of $1,480/mo.

At 23% of local median household income ($80,052/yr), ZIP 14224 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 income do you need to rent in ZIP 14224?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,533/mo in ZIP 14224. The local median household income is $80,052/yr, so the typical household meets that bar.