Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Buffalo, NY

Housing in Buffalo, NY: Rent, Home Prices & Property Tax

$1,169/mo (1 bd) in Buffalo. Median home $209,600. Property tax 1.70%.

Compare vs Chicago Rank metros from BuffaloHow we figure this

Rent (1 bd): $1,169; /mo
Buy: $1,549; Mortgage, tax, insurance
Buying costs more: $380; /mo

State tax and rent

To buy

20% down payment$41,920
Mortgage at 6.5%$1,060
Property tax (1.70% of value)$297/mo · $3,563/yr
Insurance and upkeep$192
Monthly total$1,549

46.7% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,531 left each month. About 17 months (1.4 years) to save $41,920.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from Buffalo

Buffalo → New York · $1,284 less

Compare Buffalo