Real Estate Investing in Buffalo, New York (14207)

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

Erie County • Population: 25,731 • Data updated: September 2026

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Should you buy in 14207 (Buffalo, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • Elevated vacancy: 9.9% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • Elevated poverty: 31.7% poverty rate — can affect rent collection.
  • Lower household income: $36,966 median — tenant affordability is tighter.

What’s happening in Buffalo, NY (14207)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $162,684
Avg Monthly Rent $1,272
1% Rule ✗ Does Not Meet
Median Income $36,966
% Renters 64.4%

Market Analysis: 14207 Buffalo

ZIP 14207 in Buffalo, NY carries a healthy set of headwinds. Home values near $163K and rents of $1,272/mo sit inside a market where underwriting has to be tight.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14207 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Buffalo have seen price recovery that 14207 has not matched. Erie County data supports the view that the spread is structural rather than temporary.

The 14207 ZIP's population of 25,731 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.

Distressed ZIPs reward experience. healthy returns are possible in 14207, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Buffalo:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+3.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,272/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Buffalo-Cheektowaga, NY Metro Area
Even conditions for buyers and sellers
24 days
Average time to sell
Fast
8.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Buffalo-Cheektowaga, NY metro data
🏠

Property Strategy for 14207

Which property type performs best in this market?

Best for Cash Flow
4BR
7.5% cap rate
Best for Appreciation
2BR
+9.0% 5yr CAGR
Best Overall Value
5BR
$33,768/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $143,035 $1,160 5.8% +9.0% $71,518
3BR $156,235 $1,420 6.5% +7.7% $52,078
4BR $153,618 $1,610 7.5% +7.2% $38,405
5BR $168,841 +6.8% $33,768

Market Trends

Home Value History (with trend line)

$177K$148K$119K$90K$61K$31KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,297$1,236$1,176$1,115$1,055$994Jan 2023Oct 2024Jul 2026

📊 How Does 14207 Compare?

Metric 14207 Buffalo Buffalo-Cheektowaga, NY New York
Home Value $162,684 $237,084 N/A $505,608
5-Year CAGR 4.4% 5.8% N/A 6.6%
Avg Rent $1,272 $1,433 N/A -
Cap Rate 6.1% 4.7% - -
💡 Why Invest in 14207? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

64% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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 ZIP 14207 (Buffalo, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.1%
Good
5yr Growth
+4.4%
Moderate

📊 Market Snapshot

Home Value $162,684
Monthly Rent $1,272
Price-to-Rent 10.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.4%
Cap Rate 6.1%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year +3.7% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +4.4% ▲
10-Year CAGR +10.6% ▲

🏠 Rent Trends

1-Year +3.3% ▲
3-Year CAGR +5.4% ▲
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 6.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.1%). 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.

Vacancy
9.9%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+4.4%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 14207

Population: 25,731

💰 Median Household Income
$36,966
This area
$36,966
State
$86,376
USA
$74,580
🏠 Renter Occupied
64.4%
This area
64.4%
State
26.4%
USA
34.0%
💼 Unemployment Rate
3.4%
This area
3.4%
State
-24.2%
USA
3.7%
🎓 College Educated
17.6%
This area
17.6%
State
4.2%
USA
33.7%
👤 Median Age
30.8 years
This area
30.8 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
9.9%
This area
9.9%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 44.8%
Other/Mixed 24.5%
Hispanic/Latino 18.0%
Black/African American 16.8%
Asian 13.9%
👶 Under 18
29.4%
This area
29.4%
USA
22.0%
👴 65 and Over
9.0%
This area
9.0%
USA
17.3%
📊 Poverty Rate
31.7%
This area
31.7%
USA
11.5%

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 14207

A+ Avg School Grade
7 Schools
10.6:1 Avg Class Size
$28,537 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

PFC WILLIAM J GRABIARZ #79

📚 Pre-K – 08 School
👥
545 Students
👨‍🏫
11.5:1 Class Size
💰
$33,375 Per Student
A+ Excellent

RIVERSIDE ACADEMY HIGH SCHOOL

📚 09 – 12 High School
👥
333 Students
👨‍🏫
9.2:1 Class Size
💰
$33,375 Per Student
A+ Excellent

WEST HERTEL ELEMENTARY SCHOOL

📚 Pre-K – 08 School
👥
718 Students
👨‍🏫
11.7:1 Class Size
💰
$33,375 Per Student
A+ Excellent

MCKINLEY VOCATIONAL HIGH SCHOOL

📚 09 – 12 High School
👥
940 Students
👨‍🏫
10.2:1 Class Size
💰
$33,375 Per Student
A+ Excellent

PS 65 ROOSEVELT ECC

📚 Pre-K – 04 Elementary
👥
272 Students
👨‍🏫
10.7:1 Class Size
💰
$33,375 Per Student
A+ Excellent

ELMWOOD VILLAGE CHARTER SCHOOL HERTEL

📚 K – 08 School Charter
👥
431 Students
👨‍🏫
9.5:1 Class Size
💰
$17,128 Per Student
B Good

CHARTER SCHOOL FOR APPLIED TECHNOLOGIES

📚 K – 12 K-12 Charter
👥
2,312 Students
👨‍🏫
11.8:1 Class Size
💰
$15,756 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

FRANK A SEDITA SCHOOL #30

📚 Pre-K – 08 School
📍 21 LOWELL PL, BUFFALO
👥
604 Students
👨‍🏫
10.5:1 Class Size
💰
$33,375 Per Student
A+ Excellent

INTERNATIONAL PREPARATORY SCHOOL (THE)

📚 09 – 12 High School
📍 110 14TH ST, BUFFALO
👥
614 Students
👨‍🏫
9.3:1 Class Size
💰
$33,375 Per Student
A+ Excellent

LAFAYETTE INTERNATIONAL SCHOOL

📚 09 – 12 High School
📍 370 LAFAYETTE AVE, BUFFALO
👥
440 Students
👨‍🏫
7.5:1 Class Size
💰
$33,375 Per Student
A+ Excellent

NATIVE AMERICAN MAGNET

📚 Pre-K – 08 School
📍 97 W DELAVAN AVE, BUFFALO
👥
357 Students
👨‍🏫
9.8:1 Class Size
💰
$33,375 Per Student
A+ Excellent

INTERNATIONAL SCHOOL

📚 Pre-K – 08 School
📍 141 HOYT ST, BUFFALO
👥
987 Students
👨‍🏫
11.6:1 Class Size
💰
$33,375 Per Student
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

8 Nearby 3,856 Off-Campus Students
C+
SUNY Buffalo State University
6,470 students · 1.5 mi
C
Professional Culinary Academy
17 students · 2.4 mi
C+
Canisius University
2,545 students · 3.0 mi
C
D'Youville University
2,544 students · 3.4 mi
C
The Salon Professional Academy-Tonawanda
139 students · 4.3 mi
C
Bryant & Stratton College-Buffalo
1,840 students · 4.7 mi
C
Erie Community College
7,618 students · 5.0 mi
C
Daemen University
2,625 students · 5.6 mi

Investor Insight: With 3,856 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Does Buffalo, NY favor landlords or tenants?

NY law tenant-protective for landlords, and Buffalo inherits those rules. Investors should still review local ordinances for rental licensing.

How strong is tenant demand in Buffalo, NY?

Tenant demand in Buffalo, NY is solid. The local workforce $1,272/mo rents across most rental classes.

What do rentals go for in Buffalo, NY?

Rent in Buffalo, NY is around $1,272/mo. The resulting rent-to-value relationship with $163K pricing is reasonable for most investor models.

How viable is house hacking in Buffalo, NY?

House hacking works a challenging in Buffalo, NY. Rents of $1,272/mo against $163K acquisition make the strategy solid for owner-occupants.

Which real estate strategy fits Buffalo, NY?

Most investors in Buffalo, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

You know 14207 now. You don’t know where it ranks.

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How 14207 ranks in Buffalo-Cheektowaga, NY

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Cash Flow → Appreciation → Affordable →
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