Safe Rate Local
Learn about the people, housing, costs and businesses in Buffalo, New York
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Buffalo.
True all-in cost — P&I, taxes, insurance & utilities for homes in Buffalo.
Find and compare lenders active near Buffalo.
FEMA flood zones and flood insurance estimates for Buffalo.
Seismic risk and earthquake insurance estimates for Buffalo.
Wildfire exposure and insurance estimates for Buffalo.
As of today, the 30-year fixed mortgage rate for Buffalo is approximately 6.927% (6.973% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for BuffaloThe median home value in Buffalo is $190k. The median monthly rent is $1,031. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Buffalo have increased 15.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $952/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Buffalo is $51k/year.
Calculate your buying powerThe largest employment sectors in Buffalo are public administration (33%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.