ZIP Code · NY

ZIP 14301

Part of Niagara Falls, NY

Pop. 10,923·Niagara County·331st most expensive ZIP in New York

Median rent (all units)

$1,140/mo

Year-over-Year

+6.3%

Month-over-Month

-1.6%

vs US Median

-$792

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 14301 · $1,140

More affordable than 94% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$880

1 BR

$910

2 BR

$1,070

3 BR

$1,310

4 BR+

$1,490

Research median

$1,070/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 14301 is 1.6% below its high of $1,158 in August 2026, at $1,140 as of September 2026.

Past year vs. the rest of New York

Rent in ZIP 14301 changed +6.3% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($34,549) is $864 a month. That is less than HUD's Fair Market Rent for a studio ($880).

Rank in Niagara Falls

2nd cheapest of 4 ZIP codes in Niagara Falls.

From Zillow's monthly rent index (ZORI) for ZIP 14301. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,680/yr

At $1,140/mo median

Location

CityNiagara Falls

StateNY

CountyNiagara County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (6.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+6.3% YoY, -1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 14301 (Niagara Falls, NY) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 19.2% of residents hold a bachelor's degree or higher.

Population

10,923

Median income

$34,549

Median age

49.3

Renters

54.1%

Age distribution

15.6%

17.8%

25.5%

15.5%

25.5%

Under 1815.6%

18–3417.8%

35–5425.5%

55–6415.5%

65+25.5%

Gender

50.5%

49.5%

Male50.5%

Female49.5%

Race & ethnicity

59.2%

26.5%

White59.2%

Black26.5%

Hispanic7.4%

Asian3.5%

Other3.5%

Education (25+)

14.6%

41.9%

24.3%

19.2%

No HS diploma14.6%

HS diploma41.9%

Some college24.3%

Bachelor's+19.2%

Housing tenure

45.9%

54.1%

Owner45.9%

Renter54.1%

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

2023 vs 2026

How ZIP 14301 in Niagara Falls, NY has changed in 5 years

Rent

$908 → $1,140

up 25.6%

Income

$31,406 → $34,549

up 10.0%

Population

12,033 → 10,923

down 9.2%

Renter share

57.7% → 54.1%

-3.6 pts

Bachelor's+

18.2% → 19.2%

+1.0 pts

Median age

42.9 → 49.3

+6.4 yrs

The median rent in ZIP 14301 in Niagara Falls, NY stood at $908 in 2023 and currently runs about $1,140, reflecting a 25.6% increase over the period. Median household income rose from $31,406 to $34,549 between 2021 and 2024, a 10.0% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 9.2% since 2021, moving from about 12,033 residents to roughly 10,923. Renters now make up 54.1% of households, compared with 57.7% five years ago. Taken together, the five-year picture in ZIP 14301 in Niagara Falls, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 14301

Last updated: October 17, 2026

ZIP code 14301 covers Niagara Falls, NY. The median rent here is $1,140/mo as of October 2026. A 1-bedroom rents for a median of $910/mo. A 2-bedroom rents for a median of $1,070/mo.

At 40% of local median household income ($34,549/yr), ZIP 14301 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14301?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (about $22/hour full-time) to afford the median rent of $1,140/mo in ZIP 14301. The local median household income is $34,549/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 14301?

Rent in ZIP 14301 has risen 6.3% over the past year as of September 2026. It sits 1.6% below its high of $1,158 in August 2026.

How does ZIP 14301 compare to other ZIPs in New York?

ZIP 14301 is one of the more affordable among New York ZIP codes for rent, ranking #331 of 334 at $1,140/mo. Over the year to September 2026, rent in ZIP 14301 changed +6.3%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.