Real Estate Investing in Depew, New York (14043)
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Should you buy in 14043 (Depew, NY)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Depew, NY (14043)?
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Market Analysis: 14043 Depew
The 14043 ZIP in Depew, NY is a local-operator market. Outside capital chasing a $274K entry has to pair deep knowledge with the discount.
For an experienced owner, 14043 can be a a solid fit for hunting ground — but the discount at $274K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 14043 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A sturdy renter share of 29% in 14043 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 14043 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Depew:
Property Strategy for 14043
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $236,150 | $1,380 | 4.2% | +9.2% | $118,075 |
| 3BR | $254,454 | $1,690 | 4.8% | +9.1% | $84,818 |
| 4BR | $291,685 | $1,920 | 4.7% | +8.8% | $72,921 |
| 5BR | $303,102 | — | — | +9.0% | $60,620 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14043 Compare?
| Metric | 14043 | Depew | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $273,859 | $273,859 | N/A | $505,608 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 6.6% |
| Avg Rent | $1,541 | $1,541 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14043 (Depew, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $273,859 |
| Monthly Rent | $1,541 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 Rent Trends
| 1-Year | +14.8% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14043
Population: 24,799
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 14043
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
JOHN F KENNEDY SENIOR HIGH SCHOOL
JOHN F KENNEDY MIDDLE SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are home prices like in Depew, NY?
Median home price in Depew, NY is near $274K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
What monthly rent should investors expect in Depew, NY?
Average rent in Depew, NY is approximately $1,541/mo per month. Against $274K home values that yields a reasonable rent-to-price ratio.
What is the typical vacancy rate in Depew, NY?
Occupancy in Depew, NY runs predictable with elevated vacancy. Well-priced units at $1,541/mo lease on reasonable timelines.
Is Depew, NY landlord-friendly?
NY ranks as a tenant-protective state for landlord-tenant law. Depew generally follows the statewide framework, so landlords face reasonable operating rules.
How qualified is the tenant pool in Depew, NY?
The tenant pool in Depew, NY is solid, supported by local employment and population fundamentals. Rents of $1,541/mo are well-absorbed by the market.
You know 14043 now. You don’t know where it ranks.
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How 14043 ranks in Buffalo-Cheektowaga, NY
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