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
$620
2023
$647
Total change
+$27
% change
+4.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $620 | — |
| 2019 | $757 | +$137 (22.1%) |
| 2020 | $536 | $221 (-29.2%) |
| 2021 | $538 | +$2 (0.4%) |
| 2022 | $587 | +$49 (9.1%) |
| 2023 | $647 | +$60 (10.2%) |