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
$563
2023
$746
Total change
+$183
% change
+32.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $563 | — |
| 2019 | $646 | +$83 (14.7%) |
| 2020 | $802 | +$156 (24.1%) |
| 2021 | $821 | +$19 (2.4%) |
| 2022 | $934 | +$113 (13.8%) |
| 2023 | $746 | $188 (-20.1%) |