Rental markets / Buffalo

ZIP 14216 fair market rent

HUD rent benchmarks, FY2025–2027. Compare bedrooms and ZIPs.

3-bedroom gross-rent benchmark

$1,950 / month

+6.0% from FY2026

FY2027 · current · effective Oct 1, 2026

Includes tenant-paid basic utilities. HUD benchmarks are not asking rents or approved voucher payments.

Published HUD schedules

FY2025
$1,630
FY2026
$1,840
FY2027
$1,950

HUD schedule changes, not observed rent growth.

Rent by bedroom

Monthly gross-rent benchmarks, including tenant-paid utilities
BedroomsFY2025FY2026FY2027
Studio$1,090$1,240$1,320
1 bedroom$1,130$1,280$1,350
2 bedrooms$1,330$1,510$1,600
3 bedrooms$1,630$1,840$1,950
4 bedrooms$1,840$2,100$2,220
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Compare ZIP benchmarks

Other ZIPs in the same HUD area. These are rent comparisons, not property-specific comps.

Buffalo-Cheektowaga, NY MSA · 3 bedrooms · FY2027
ZIP codeMonthly gross rentDifference from 14216
14216 This ZIP$1,950$0
14207$1,630-$320
14094$1,590-$360
14215$1,590-$360
14221$2,400+$450

Explore every ZIP in this HUD area

Rental housing in ZCTA 14216

2020–2024 ACS 5-year. Census ZCTAs approximate postal ZIP codes; their boundaries are not identical.

Renter-occupied homes

6,326

54.4% of occupied homes are rented.

Rental home types

Single-unit houses
8.1%
Buildings with 2–4 units
66.9%
Buildings with 5+ units
24.5%
Other rental housing
0.5%

Rent as a share of income

46.3%

Spend at least 30% of household income on gross rent.

30.6% spend at least half.

Estimates, margins of error & definitions

These are pooled 2020–2024 survey estimates, not current listing data. Single-unit houses include detached and attached homes. Rent-burden percentages exclude households for which the ratio could not be calculated.

90% margins of error. Percentage margins are in percentage points.
MeasureEstimateMargin of error
Renter-occupied homes6,326± 648
Renter share of occupied homes54.4%± 4.7 pp
Single-unit houses8.1%± 3.1 pp
Buildings with 2–4 units66.9%± 7.3 pp
Buildings with 5+ units24.5%± 5.1 pp
Other rental housing0.5%± 0.7 pp
Rent is 30% or more of income46.3%± 5.8 pp
Rent is 50% or more of income30.6%± 5.0 pp

U.S. Census Bureau, 2020–2024 ACS 5-year tables B25003, B25032 and B25070. Statistical guidance.

Download Census estimates & margins of error

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Monthly rent to analyze: $1,800

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HUD sources, dates & coverage

HUD Small Area Fair Market Rents are monthly gross-rent benchmarks for postal ZIP codes. They include basic tenant-paid utilities, excluding phone, cable and internet. They do not determine an individual housing authority's payment standard, approved rent or a tenant's subsidy.

Buffalo-Cheektowaga, NY MSA. FY2025 ZIP schedule (effective Oct 1, 2024; source file revised Apr 28, 2025) · FY2026 ZIP schedule (effective Oct 1, 2025; source file revised May 21, 2026) · FY2027 ZIP schedule (effective Oct 1, 2026).

HUD data checked Sep 22, 2026. Census context: 2020–2024 ACS 5-year. How Census ZCTAs differ from postal ZIP codes.