ZIP Code · NY

ZIP 14305

Pop. 16,696·Niagara County·318th most expensive ZIP in New York
Median rent (all units)
$1,271/mo
Year-over-Year
Stable
Month-over-Month
+3.4%
vs US Median
-$661
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 14305 · $1,271
More affordable than 88% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,040
2 BR
$1,230
3 BR
$1,500
4 BR+
$1,710
Research median
$1,230/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 ($51,004) is $1,275 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,230); a 3-bedroom is $1,500.

Rank in Niagara Falls

3rd cheapest of 4 ZIP codes in Niagara Falls.

Cheaper nearby

ZIP 14301, 2 miles away, rents for 10% less ($1,140/mo), about $1,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 14305. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,252/yr
At $1,271/mo median
Location
StateNY
CountyNiagara County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.4% MoM), not inventory.
Demographics

Who lives here

ZIP 14305 (Niagara Falls, NY) is majority owner-occupied, has a median income below the national average, 25.7% of residents hold a bachelor's degree or higher.

Population
16,696
Median income
$51,004
Median age
33.4
Renters
38.4%
Age distribution
24%
28.3%
20.3%
12.6%
14.8%
Under 1824%
18–3428.3%
35–5420.3%
55–6412.6%
65+14.8%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
55.9%
26%
White55.9%
Black26%
Hispanic6.9%
Asian1.5%
Other9.7%
Education (25+)
36.6%
29.7%
25.7%
No HS diploma8%
HS diploma36.6%
Some college29.7%
Bachelor's+25.7%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

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

2021 vs 2026

How ZIP 14305 in Niagara Falls, NY has changed in 5 years

Income
$42,754 → $51,004
up 19.3%
Population
16,873 → 16,696
down 1.0%
Renter share
37.7% → 38.4%
+0.7 pts
Bachelor's+
20.9% → 25.7%
+4.8 pts
Median age
37.2 → 33.4
-3.8 yrs

Census figures show median household income at $51,004 today, compared with $42,754 five years earlier. Census counts show ZIP 14305 in Niagara Falls, NY losing about 177 residents over the five-year window, down 1.0% on net. Bachelor's-degree-or-higher attainment moved from 20.9% to 25.7% across the same window.

Community

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Local insights

Tips for renters in ZIP 14305

About renting in ZIP 14305

Last updated: October 17, 2026

ZIP code 14305 covers Niagara Falls, NY. The median rent here is $1,271/mo as of October 2026. A 1-bedroom rents for a median of $1,040/mo. A 2-bedroom rents for a median of $1,230/mo.

At 30% of local median household income ($51,004/yr), ZIP 14305 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 14305?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (about $25/hour full-time) to afford the median rent of $1,271/mo in ZIP 14305. The local median household income is $51,004/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 14305?

Rent in ZIP 14305 has been roughly flat over the past year, a 0.0% change.

How does ZIP 14305 compare to other ZIPs in New York?

ZIP 14305 is one of the more affordable among New York ZIP codes for rent, ranking #318 of 334 at $1,271/mo.

How does ZIP 14305 compare to the rest of Niagara Falls?

At $1,271/mo, ZIP 14305 is $91 above the Niagara Falls citywide median of $1,180/mo. It is the 3rd cheapest of 4 ZIP codes in Niagara Falls.
Income Affordability
30%
MODERATE

At $1,271/mo, rent takes ~30% of ZIP 14305's median household income ($51,004/yr). The standard benchmark is 30%.

ZIP 14305 30%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 14305 (Niagara Falls, NY)

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