Rental numbers for Niagara County, NY
The typical home here runs -$1,208 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.0%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 9.0%
- 6 ZIPs with full data
- Cash flow
- -$1,208/mo
- at 7.78%, 25% down
- Typical price
- $256,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,184/mo
- Zillow ZORI, Aug 2026
ZIP codes in Niagara County
18 with published figures
| 14303Niagara Falls | $110,000 | $1,198 | 13.1% | 5.7% | -$69 | n/a |
| 14301Niagara Falls | $114,000 | $1,178 | 12.4% | 5.4% | -$105 | n/a |
| 14305Niagara Falls | $154,000 | $1,342 | 10.4% | 4.5% | -$252 | n/a |
| 14126Olcott | $196,000 | $1,320* | 8.1% | 2.6% | -$626 | n/a |
| 14304Niagara Falls | $211,000 | $1,324 | 7.5% | 2.4% | -$711 | n/a |
| 14067Gasport | $263,000 | $1,310* | 6.0% | 1.1% | -$1,169 | n/a |
| 14105Middleport | $224,000 | $1,070* | 5.7% | 0.7% | -$1,073 | n/a |
| 14028Burt | $283,000 | $1,320* | 5.6% | 1.3% | -$1,215 | n/a |
| 14172Wilson | $280,000 | $1,290* | 5.5% | 0.8% | -$1,326 | n/a |
| 14008Appleton | $270,000 | $1,200* | 5.3% | 1.1% | -$1,209 | n/a |
| 14120North Tonawanda | $288,000 | $1,255 | 5.2% | 0.6% | -$1,407 | +3.1% |
| 14012Barker | $247,000 | $1,070* | 5.2% | 0.6% | -$1,202 | n/a |
| 14108Newfane | $252,000 | $1,090* | 5.2% | 0.4% | -$1,268 | n/a |
| 14174Youngstown | $345,000 | $1,440* | 5.0% | 1.0% | -$1,560 | n/a |
| 14131Ransomville | $301,000 | $1,170* | 4.7% | 0.3% | -$1,557 | n/a |
| 14132Sanborn | $330,000 | $1,240* | 4.5% | 0.6% | -$1,622 | n/a |
| 14092Lewiston | $350,000 | $1,310* | 4.5% | 0.5% | -$1,744 | n/a |
| 14094Lockport | $272,000 | $971 | 4.3% | -0.4% | -$1,564 | +7.0% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.5%
- Rent, 12 months
- +6.1%
- Rent minus price growth
- +0.6 pts
- Property tax
- 2.19%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $191,750 | $836 |
| Aug 2022 | $212,098 | $922 |
| Aug 2023 | $220,242 | $1,023 |
| Aug 2024 | $232,786 | $1,070 |
| Aug 2025 | $243,021 | $1,116 |
| Aug 2026 | $256,416 | $1,184 |
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
- 2.4
- 223 units, last 12 months
- National percentile
- 29th
- among US counties
Tools
Test a listing in Niagara County against today's rate.
Open the calculatorPart of the Buffalo, NY metro.
Questions
- Is Niagara County good for rental property?
- The typical home here runs -$1,208 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.0%. 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 Niagara County?
- About 2.19% of value, from Census ACS median taxes paid over median home value. On a $256,000 home that is about $5,613 a year.
- What is Fair Market Rent in Niagara 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 -$1,208 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.