Real Estate Investing in Niagara Falls, New York (14305)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14305 (Niagara Falls, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 12.7% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 20.0% poverty rate — can affect rent collection.
What’s happening in Niagara Falls, NY (14305)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14305 Niagara Falls
The 14305 ZIP in Niagara Falls, NY is a local-operator market. Outside capital chasing a $156K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $156K asset, 14305 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within NY, ZIP 14305 trails on several market indicators that neighboring Niagara County submarkets outperform. The gap is real and robust enough to shape underwriting.
The 14305 ZIP's population of 16,433 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Niagara Falls:
Property Strategy for 14305
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,677 | $1,230 | 7.5% | +12.3% | $58,838 |
| 3BR | $155,530 | $1,500 | 6.9% | +10.4% | $51,843 |
| 4BR | $154,342 | $1,710 | 8.0% | +10.0% | $38,585 |
| 5BR | $167,900 | — | — | +8.5% | $33,580 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14305 Compare?
| Metric | 14305 | Niagara Falls | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $156,172 | $119,992 | N/A | $505,608 |
| 5-Year CAGR | 7.7% | 6.8% | N/A | 6.6% |
| Avg Rent | $1,400 | $1,282 | N/A | - |
| Cap Rate | 7.0% | 7.0% | - | - |
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 14305 (Niagara Falls, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $156,172 |
| Monthly Rent | $1,400 |
| Price-to-Rent | 9.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.8% |
| Cap Rate | 7.0% |
| 5-Year IRR | 14.7% |
📈 Home Appreciation
| 1-Year | +10.1% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +10.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.0%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14305
Population: 16,433
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 14305
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
BLONEVA BOND PRIMARY SCHOOL
GASKILL PREPARATORY 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
Investor Insight: With 3,085 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the renter demographic in Niagara Falls, NY?
Tenant demand in Niagara Falls, NY is solid. The local workforce $1,400/mo rents across most rental classes.
Is Niagara Falls, NY a friendly market for rental owners?
Rental owners in Niagara Falls, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How expensive is real estate in Niagara Falls, NY?
In Niagara Falls, NY the median home value sits at $156K. Against the broader NY market, that reads as reasonable for most investors.
What do rentals go for in Niagara Falls, NY?
Niagara Falls, NY rentals go for roughly $1,400/mo a month. That puts gross yield in solid territory relative to $156K acquisition costs.
What is the investability score for Niagara Falls, NY?
With a 4.0/5 investability score, Niagara Falls, NY ranks as a solid market for rental property investors. Median prices of $156K and rents of $1,400/mo drive the underlying numbers.
You know 14305 now. You don’t know where it ranks.
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How 14305 ranks in Buffalo-Cheektowaga, NY
Every ZIP in this metro, ranked. Free.
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