Buffalo city: Median Gross Rent Trend
How Buffalo city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$571
2023
$821
Total change
+$250
% change
+43.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $571 | — |
| 2019 | $478 | $93 (-16.3%) |
| 2020 | $625 | +$147 (30.8%) |
| 2021 | $694 | +$69 (11%) |
| 2022 | $767 | +$73 (10.5%) |
| 2023 | $821 | +$54 (7%) |