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Living here
Average rent in Niagara Falls
What renters actually pay, by number of bedrooms, and how Niagara Falls compares with New York and the US.
Median rent
$784/mo
42% below US
1 bedroom
$580/mo
51% below US
2 bedrooms
$801/mo
40% below US
Renters paying 30%+ of income
57%
US 50%
Renter households
9,626
Rent by number of bedrooms
Studio$551a month54% below USIncome needed: $22,040/yr
1 bedroom$580a month51% below USIncome needed: $23,200/yr
2 bedrooms$801a month40% below USIncome needed: $32,040/yr
3 bedrooms$1,012a month33% below USIncome needed: $40,480/yr
4 bedrooms$943a month49% below USIncome needed: $37,720/yr
5+ bedrooms$1,028a month48% below USIncome needed: $41,120/yr
Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.
How Niagara Falls compares
- Niagara Falls$551
- New York$1,467
- United States$1,185
- Niagara Falls$580
- New York$1,497
- United States$1,180
- Niagara Falls$801
- New York$1,574
- United States$1,338
- Niagara Falls$1,012
- New York$1,767
- United States$1,500
Two-bedroom rent in nearby cities
- Niagara Falls$801
- Rochester$1,114
- Syracuse$1,044
- Albany$1,229
- Yonkers$1,815
- Staten Island$1,749
- White Plains$2,388
- North Hempstead$2,494
- Hempstead$1,647
- Niagara Falls57%
- Rochester53%
- Syracuse56%
- Albany50%
- Yonkers54%
- Staten Island56%
- White Plains51%
- North Hempstead49%
- Hempstead60%
Nearby cities are other Local City Network guides in New York, nearest first.
What rent can you afford?
$
At 30% of income you can spend about $801 a month.
- Studio $551
- 1 bedroom $580
- 2 bedrooms $801
- 3 bedrooms $1,012
- 4 bedrooms $943
- 5+ bedrooms $1,028
Green means the median Niagara Falls rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.
How stretched are renters?
57% of Niagara Falls renters spend 30% or more of their income on rent, and 32% spend half or more. The typical renter household puts 34.9% of its income toward rent (US: 50% and 25%).
Rent by zip code
Median gross rent for each ZIP Code Tabulation Area that overlaps Niagara Falls.
HUD fair market rents
Studio$1,178
1 bedroom$1,203
2 bedrooms$1,423
3 bedrooms$1,732
4 bedrooms$1,977
HUD’s 2027 fair market rents for Buffalo-Cheektowaga, NY MSA are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.
More on living in Niagara Falls
Neighborhoods of Niagara Falls
See Niagara Falls
Questions
What is the average rent in Niagara Falls?
The median gross rent (rent plus utilities) is $784 a month, 50% below the New York median and 42% below the national median.
How much is a one-bedroom apartment in Niagara Falls?
The median one-bedroom rents for $580 a month (US: $1,180).
How much is a two-bedroom in Niagara Falls?
The median two-bedroom rents for $801 a month (US: $1,338).
How much do you need to make to rent in Niagara Falls?
Using the common 30% rule, a median two-bedroom ($801) takes a household income of about $32,040 a year, and a one-bedroom about $23,200.
Is rent affordable in Niagara Falls?
About 57% of Niagara Falls renters spend 30% or more of their income on rent, and 32% spend at least half (US: 50% and 25%).
Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.