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
$735
2023
$989
Total change
+$254
% change
+34.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $735 | — |
| 2019 | $776 | +$41 (5.6%) |
| 2020 | $801 | +$25 (3.2%) |
| 2021 | $849 | +$48 (6%) |
| 2022 | $942 | +$93 (11%) |
| 2023 | $989 | +$47 (5%) |