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
$953
2023
$1,111
Total change
+$158
% change
+16.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $953 | — |
| 2019 | $977 | +$24 (2.5%) |
| 2020 | $1,009 | +$32 (3.3%) |
| 2021 | $1,087 | +$78 (7.7%) |
| 2022 | $1,037 | $50 (-4.6%) |
| 2023 | $1,111 | +$74 (7.1%) |