Real Estate Investing in Erie County, New York

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

60 ZIP codes • Population: 941,494

Should you buy in Erie County, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ For Investors
MIXED
3.1 / 5 (48/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 β€” slower evictions, more regulations.

What’s happening in Erie County, NY?

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3.1/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.1% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $319,006
Avg Monthly Rent $1,401
ZIP Codes 60

Investing in Erie County Real Estate

Erie County is one of those New York regions where numbers warn before they reward. 35 cities, 941,494 residents, and a rating that reflects material risk.

Investors considering Erie, New York should understand what the β˜…β˜…β˜…β˜†β˜† rating represents β€” a region with material challenges, not a temporary rough patch.

Demographics in Erie show real pressure β€” $N/AK median income is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Erie County, NY. Anonymous, moderated, never written by AI.

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Avg Home Value
$319,006
Avg Monthly Rent
$1,401
1% Rule
βœ— Below
Landlord Friendly (NY)
β˜…β˜†β˜†β˜†β˜†

πŸŽ“ Colleges & Universities in Erie County

16 Colleges 65,424 Students 5,322 Off-Campus Renters
B
University at Buffalo
4-Year Public Β· 31,889 students
πŸ“ ~1,435 students rent off-campus
C+
Erie 2 Chautauqua Cattaraugus BOCES-Practical Nursing Program
Vocational Public Β· 44 students
C+
SUNY Buffalo State University
4-Year Public Β· 6,470 students
πŸ“ ~116 students rent off-campus
C+
New York Institute of Massage Inc
Vocational For-Profit Β· 38 students
C+
Canisius University
4-Year Private Β· 2,545 students
C+
Leon Studio One School of Beauty Knowledge
Vocational For-Profit Β· 29 students
C
Erie Community College
2-Year Public Β· 7,618 students
πŸ“ ~3,740 students rent off-campus
C
D'Youville University
4-Year Private Β· 2,544 students
C
Professional Culinary Academy
Vocational For-Profit Β· 17 students
C
The Salon Professional Academy-Tonawanda
Vocational For-Profit Β· 139 students
C
Bryant & Stratton College-Buffalo
4-Year Private Β· 1,840 students
D
Trocaire College
4-Year Private Β· 1,104 students
D
Villa Maria College
4-Year Private Β· 545 students
D
Hilbert College
4-Year Private Β· 973 students
D
Bryant & Stratton College-Online
4-Year Private Β· 9,418 students
D
National Tractor Trailer School Inc-Buffalo
Vocational For-Profit Β· 211 students

Investor Insight: With 5,322 students living off-campus, Erie County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Erie County

5 more cities available

ZIP Codes in Erie County, NY

14221 β˜… β˜… β˜… β˜… β˜…
Williamsville
Population 55,153
Avg Home $429,920
Avg Rent $2,015/mo
14075 β˜… β˜… β˜… β˜… β˜…
Hamburg
Population 44,588
Avg Home $342,546
Avg Rent $1,300/mo
14215 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 42,813
Avg Home $152,352
Avg Rent $1,367/mo
14150 β˜… β˜… β˜… β˜… β˜…
Tonawanda
Population 41,585
Avg Home $263,226
Avg Rent $1,270/mo
14224 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 41,101
Avg Home $302,473
Avg Rent $1,754/mo
14086 β˜… β˜… β˜… β˜… β˜…
Lancaster
Population 35,659
Avg Home $388,800
Avg Rent $1,582/mo
14225 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 33,801
Avg Home $238,059
Avg Rent $1,479/mo
14127 β˜… β˜… β˜… β˜… β˜…
Orchard Park
Population 30,783
Avg Home $442,902
Avg Rent $2,069/mo
14226 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 29,482
Avg Home $324,058
Avg Rent $1,763/mo
14207 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 25,731
Avg Home $162,684
Avg Rent $1,272/mo
14043 β˜… β˜… β˜… β˜… β˜…
Depew
Population 24,799
Avg Home $273,859
Avg Rent $1,541/mo
14228 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 24,345
Avg Home $362,535
Avg Rent $1,692/mo
14211 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 23,951
Avg Home $119,631
Avg Rent $1,233/mo
14220 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 23,786
Avg Home $234,243
Avg Rent $1,251/mo
14216 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 23,221
Avg Home $341,962
Avg Rent $1,586/mo
14213 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 23,072
Avg Home $207,906
Avg Rent $1,354/mo
14217 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 22,566
Avg Home $264,907
Avg Rent $1,423/mo
14206 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 22,427
Avg Home $180,031
Avg Rent $1,183/mo
14223 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 22,363
Avg Home $274,164
Avg Rent $1,345/mo
14227 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 21,669
Avg Home $273,899
Avg Rent $1,193/mo
14072 β˜… β˜… β˜… β˜… β˜…
Grand Island
Population 21,441
Avg Home $398,141
Avg Rent $1,903/mo
14214 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 21,162
Avg Home $291,762
Avg Rent $1,496/mo
14218 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 20,661
Avg Home $224,677
Avg Rent $1,213/mo
14051 β˜… β˜… β˜… β˜… β˜…
East Amherst
Population 20,333
Avg Home $548,967
Avg Rent $2,074/mo
14052 β˜… β˜… β˜… β˜… β˜…
East Aurora
Population 17,501
Avg Home $453,784
Avg Rent $2,150/mo
14210 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 15,454
Avg Home $180,531
Avg Rent $1,207/mo
14222 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 15,440
Avg Home $540,843
Avg Rent $1,535/mo
14212 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 13,603
Avg Home $158,474
Avg Rent $1,250/mo
14208 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 12,731
Avg Home $145,879
Avg Rent $1,358/mo
14201 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 12,545
Avg Home $316,306
Avg Rent $1,255/mo
14004 β˜… β˜… β˜… β˜… β˜…
Alden
Population 11,312
Avg Home $339,135
Avg Rent $990/mo
14219 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 10,894
Avg Home $264,815
Avg Rent $1,107/mo
14032 β˜… β˜… β˜… β˜… β˜…
Clarence Center
Population 10,359
Avg Home $609,862
Avg Rent $1,809/mo
14031 β˜… β˜… β˜… β˜… β˜…
Clarence
Population 9,741
Avg Home $530,439
Avg Rent $1,250/mo
14059 β˜… β˜… β˜… β˜… β˜…
Elma
Population 9,413
Avg Home $434,944
Avg Rent $1,584/mo
14006 β˜… β˜… β˜… β˜… β˜…
Angola
Population 9,354
Avg Home $230,492
Avg Rent $1,197/mo
14001 β˜… β˜… β˜… β˜… β˜…
Akron
Population 9,122
Avg Home $324,380
Avg Rent $999/mo
14068 β˜… β˜… β˜… β˜… β˜…
Getzville
Population 8,504
Avg Home $467,441
Avg Rent $2,075/mo
14085 β˜… β˜… β˜… β˜… β˜…
Lake View
Population 8,439
Avg Home $379,627
Avg Rent $1,746/mo
14209 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 8,373
Avg Home $319,261
Avg Rent $1,507/mo
14204 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 7,748
Avg Home $184,707
Avg Rent $2,048/mo
14057 β˜… β˜… β˜… β˜… β˜…
Eden
Population 7,632
Avg Home $336,657
Avg Rent $1,161/mo
14141 β˜… β˜… β˜… β˜… β˜…
Springville
Population 7,624
Avg Home $264,497
Avg Rent $891/mo
14047 β˜… β˜… β˜… β˜… β˜…
Derby
Population 6,072
Avg Home $263,365
Avg Rent $1,152/mo
14080 β˜… β˜… β˜… β˜… β˜…
Holland
Population 4,434
Avg Home $338,317
Avg Rent $1,017/mo
14202 β˜… β˜… β˜… β˜… β˜…
Buffalo
Population 3,764
Avg Home $572,207
Avg Rent $1,968/mo
14025 β˜… β˜… β˜… β˜… β˜…
Boston
Population 3,445
Avg Home $366,400
Avg Rent $1,062/mo
14111 β˜… β˜… β˜… β˜… β˜…
North Collins
Population 3,125
Avg Home $260,096
Avg Rent $1,053/mo
14081 β˜… β˜… β˜… β˜… β˜…
Irving
Population 2,736
Avg Home $244,851
Avg Rent $1,098/mo
14170 β˜… β˜… β˜… β˜… β˜…
West Falls
Population 2,200
Avg Home $401,347
Avg Rent $1,098/mo
14034 β˜… β˜… β˜… β˜… β˜…
Collins
Population 2,175
Avg Home $229,004
Avg Rent $1,152/mo
14139 β˜… β˜… β˜… β˜… β˜…
South Wales
Population 2,093
Avg Home $370,400
Avg Rent $927/mo
14030 β˜… β˜… β˜… β˜… β˜…
Chaffee
Population 2,051
Avg Home $257,185
Avg Rent $936/mo
14102 β˜… β˜… β˜… β˜… β˜…
Marilla
Population 1,894
Avg Home $402,084
Avg Rent $1,197/mo
14033 β˜… β˜… β˜… β˜… β˜…
Colden
Population 1,412
Avg Home $395,928
Avg Rent $1,251/mo
14091 β˜… β˜… β˜… β˜… β˜…
Lawtons
Population 1,402
Avg Home $287,911
Avg Rent $1,809/mo
14055 β˜… β˜… β˜… β˜… β˜…
East Concord
Population 1,300
Avg Home $324,317
Avg Rent $1,044/mo
14026 β˜… β˜… β˜… β˜… β˜…
Bowmansville
Population 561
Avg Home $316,512
Avg Rent $1,809/mo
14069 β˜… β˜… β˜… β˜… β˜…
Glenwood
Population 492
Avg Home $316,400
Avg Rent $1,053/mo
14134 β˜… β˜… β˜… β˜… β˜…
Chaffee
Population 57
Avg Home $268,258
Avg Rent $945/mo

Screen every market in Erie County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Erie County

How strong is the working-renter base in, NY?

, NY draws a consistent base of working renters. Demand at the $1,401/mo rent level is reasonable for standard single-family and small multi rentals.

How does, NY stack up for property investment?

, NY rates 3.1/5 for investability. With median values at $319K and rents near $1,401/mo, the market offers reasonable fundamentals for rental investors.

Is, NY stronger than the typical NY market?

within NY reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

What monthly rent should investors expect in, NY?

Expect rents around $1,401/mo per month in, NY. With home values at $319K, the yield math works out to reasonable levels for rental investors.

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