Rental numbers for Erie County, NY
The typical home here runs -$1,255 a month at 7.78% with 25% down. 1 of 31 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 31 ZIPs with full data
- Cash flow
- -$1,255/mo
- at 7.78%, 25% down
- Typical price
- $301,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,477/mo
- Zillow ZORI, Aug 2026
ZIP codes in Erie County
60 with published figures
| 14204Buffalo | $188,000 | $1,943 | 12.4% | 7.8% | +$212 | n/a |
| 14211Buffalo | $124,000 | $1,199 | 11.6% | 6.4% | -$6 | n/a |
| 14219Hamburg | $264,000 | $2,495 | 11.4% | 5.9% | -$134 | n/a |
| 14208Buffalo | $152,000 | $1,402 | 11.0% | 6.5% | -$1 | n/a |
| 14215Buffalo | $152,000 | $1,336 | 10.5% | 5.7% | -$103 | +5.6% |
| 14207Buffalo | $166,000 | $1,269 | 9.2% | 4.7% | -$238 | +6.9% |
| 14212Buffalo | $159,000 | $1,180* | 8.9% | 4.1% | -$312 | n/a |
| 14210Buffalo | $179,000 | $1,307 | 8.8% | 4.3% | -$315 | n/a |
| 14091Lawtons | $291,000 | $2,010* | 8.3% | 3.8% | -$640 | n/a |
| 14213Buffalo | $208,000 | $1,387 | 8.0% | 4.0% | -$421 | +4.0% |
| 14206Buffalo | $181,000 | $1,180* | 7.8% | 3.4% | -$469 | n/a |
| 14026Bowmansville | $313,000 | $2,010* | 7.7% | 3.0% | -$903 | n/a |
| 14225Buffalo | $238,000 | $1,481 | 7.5% | 2.1% | -$867 | n/a |
| 14043Depew | $273,000 | $1,649 | 7.2% | 2.0% | -$1,026 | +11.3% |
| 14006Angola | $235,000 | $1,330* | 6.8% | 1.3% | -$1,013 | n/a |
| 14034Collins | $230,000 | $1,280* | 6.7% | 2.3% | -$796 | n/a |
| 14218Buffalo | $225,000 | $1,211 | 6.5% | 1.1% | -$1,004 | n/a |
| 14220Buffalo | $236,000 | $1,247 | 6.3% | 2.6% | -$755 | +6.2% |
| 14226Buffalo | $319,000 | $1,661 | 6.2% | 1.9% | -$1,218 | +8.5% |
| 14085Lake View | $375,000 | $1,940* | 6.2% | 1.8% | -$1,452 | n/a |
| 14214Buffalo | $293,000 | $1,515 | 6.2% | 2.7% | -$920 | +3.6% |
| 14217Buffalo | $265,000 | $1,363 | 6.2% | 1.4% | -$1,130 | +7.3% |
| 14072Grand Island | $395,000 | $2,007 | 6.1% | 2.0% | -$1,473 | n/a |
| 14224Buffalo | $302,000 | $1,533 | 6.1% | 1.4% | -$1,279 | n/a |
| 14223Buffalo | $272,000 | $1,362 | 6.0% | 1.4% | -$1,150 | n/a |
| 14047Derby | $262,000 | $1,280* | 5.9% | 0.8% | -$1,235 | n/a |
| 14081Irving | $250,000 | $1,220* | 5.9% | 0.3% | -$1,281 | n/a |
| 14150Tonawanda | $262,000 | $1,261 | 5.8% | 1.1% | -$1,171 | +1.3% |
| 14228Buffalo | $359,000 | $1,723 | 5.8% | 1.6% | -$1,453 | n/a |
| 14221Williamsville | $426,000 | $2,029 | 5.7% | 1.7% | -$1,709 | +3.8% |
| 14209Buffalo | $325,000 | $1,503 | 5.5% | 2.3% | -$1,118 | +3.5% |
| 14111North Collins | $261,000 | $1,170* | 5.4% | 1.2% | -$1,144 | n/a |
| 14216Buffalo | $343,000 | $1,518 | 5.3% | 2.0% | -$1,287 | +5.8% |
| 14227Buffalo | $273,000 | $1,199 | 5.3% | 0.4% | -$1,373 | -0.9% |
| 14127Orchard Park | $439,000 | $1,850 | 5.1% | 0.9% | -$2,046 | n/a |
| 14201Buffalo | $318,000 | $1,306 | 4.9% | 1.7% | -$1,267 | +4.3% |
| 14059Elma | $432,000 | $1,760* | 4.9% | 1.3% | -$1,850 | n/a |
| 14075Hamburg | $340,000 | $1,357 | 4.8% | 0.3% | -$1,749 | +2.0% |
| 14086Lancaster | $388,000 | $1,550 | 4.8% | 0.6% | -$1,910 | n/a |
| 14030Chaffee | $263,000 | $1,040* | 4.8% | 1.1% | -$1,170 | n/a |
| 14057Eden | $336,000 | $1,290* | 4.6% | 0.3% | -$1,739 | n/a |
| 14134Chaffee | $275,000 | $1,050* | 4.6% | 0.2% | -$1,425 | n/a |
| 14051East Amherst | $543,000 | $2,065 | 4.6% | 0.7% | -$2,624 | n/a |
| 14068Getzville | $463,000 | $1,760* | 4.6% | 0.6% | -$2,271 | n/a |
| 14141Springville | $266,000 | $990* | 4.5% | 0.2% | -$1,385 | n/a |
| 14069Glenwood | $317,000 | $1,170* | 4.4% | 0.0% | -$1,706 | n/a |
| 14033Colden | $393,000 | $1,390* | 4.3% | 0.4% | -$1,969 | n/a |
| 14055East Concord | $328,000 | $1,160* | 4.2% | 0.8% | -$1,550 | n/a |
| 14001Akron | $325,000 | $1,110* | 4.1% | 0.0% | -$1,748 | n/a |
| 14080Holland | $338,000 | $1,130* | 4.0% | 0.3% | -$1,748 | n/a |
| 14102Marilla | $398,000 | $1,330* | 4.0% | -0.1% | -$2,177 | n/a |
| 14032Clarence Center | $605,000 | $2,010* | 4.0% | 0.6% | -$2,952 | n/a |
| 14004Alden | $337,000 | $1,100* | 3.9% | 0.0% | -$1,809 | n/a |
| 14025Boston | $363,000 | $1,180* | 3.9% | 0.2% | -$1,897 | n/a |
| 14170West Falls | $397,000 | $1,220* | 3.7% | -0.1% | -$2,178 | n/a |
| 14202Buffalo | $571,000 | $1,697 | 3.6% | 0.4% | -$2,900 | n/a |
| 14222Buffalo | $539,000 | $1,515 | 3.4% | 0.4% | -$2,745 | +3.7% |
| 14052East Aurora | $451,000 | $1,260* | 3.4% | -0.4% | -$2,565 | n/a |
| 14139South Wales | $369,000 | $1,030* | 3.4% | -0.7% | -$2,192 | n/a |
| 14031Clarence | $526,000 | $1,220* | 2.8% | -0.8% | -$3,181 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.8%
- Rent, 12 months
- +3.2%
- Rent minus price growth
- -0.6 pts
- Property tax
- 1.98%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $229,442 | $1,160 |
| Aug 2022 | $256,478 | $1,267 |
| Aug 2023 | $264,174 | $1,330 |
| Aug 2024 | $280,818 | $1,384 |
| Aug 2025 | $289,596 | $1,431 |
| Aug 2026 | $300,673 | $1,477 |
HUD Fair Market Rent
FY2027, Buffalo-Cheektowaga, NY MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,178 | $1,203 | $1,423 | $1,732 | $1,977 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 2.8
- 1,162 units, last 12 months
- National percentile
- 33th
- among US counties
Tools
Test a listing in Erie County against today's rate.
Open the calculatorPart of the Buffalo, NY metro.
Questions
- Is Erie County good for rental property?
- The typical home here runs -$1,255 a month at 7.78% with 25% down. 1 of 31 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Erie County?
- About 1.98% of value, from Census ACS median taxes paid over median home value. On a $301,000 home that is about $5,944 a year.
- What is Fair Market Rent in Erie County?
- HUD's FY2027 Fair Market Rent here is $1,203 for a 1-bedroom, $1,423 for a 2-bedroom and $1,732 for a 3-bedroom. Typical cash flow at today's rate is -$1,255 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.