Real Estate Investing in Buffalo, New York (14219)

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

Erie County • Population: 10,894 • Data updated: September 2026

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Should you buy in 14219 (Buffalo, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

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 — slower evictions, more regulations.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Buffalo, NY (14219)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $264,815
Avg Monthly Rent $1,107
1% Rule ✗ Does Not Meet
Median Income $69,892
% Renters 28.0%

Market Analysis: 14219 Buffalo

On balance, ZIP 14219 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $265K median. It rewards specialists, not generalists.

Rent of $1,107/mo on a $265K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 14219 sits below the stated 0.0% once reality is priced in.

Statewide comparisons place 14219 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

On the rental side, 10,894 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

looks 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.

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:

B Good
Buy Confidence Score: 74/100
Affordability
15/25
Appreciation
25/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Rising (+9.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,107/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 14219

Which property type performs best in this market?

Best for Cash Flow
4BR
4.6% cap rate
Best for Appreciation
3BR
+8.8% 5yr CAGR
Best Overall Value
4BR
$67,092/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $210,792 $1,230 4.2% +8.6% $105,396
3BR $247,263 $1,500 4.4% +8.8% $82,421
4BR $268,369 $1,710 4.6% +8.6% $67,092

Market Trends

Home Value History (with trend line)

$278K$239K$200K$162K$123K$84KJul 2006Jul 2016Jul 2026

📊 How Does 14219 Compare?

Metric 14219 Buffalo Buffalo-Cheektowaga, NY New York
Home Value $264,815 $237,084 N/A $505,608
5-Year CAGR 7.2% 5.8% N/A 6.6%
Avg Rent $1,107 $1,433 N/A -
Cap Rate 3.3% 4.7% - -
💡 Why Invest in 14219? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 14219 (Buffalo, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+7.2%
Strong

📊 Market Snapshot

Home Value $264,815
Monthly Rent $1,107
Price-to-Rent 19.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.0%
Cap Rate 3.3%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +9.6% ▲
3-Year CAGR +6.7% ▲
5-Year CAGR +7.2% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

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

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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
5.6%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+7.2%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 14219

Population: 10,894

💰 Median Household Income
$69,892
This area
$69,892
State
$86,376
USA
$74,580
🏠 Renter Occupied
28.0%
This area
28.0%
State
26.4%
USA
34.0%
💼 Unemployment Rate
4.9%
This area
4.9%
State
-24.2%
USA
3.7%
🎓 College Educated
18.3%
This area
18.3%
State
4.2%
USA
33.7%
👤 Median Age
48.6 years
This area
48.6 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
5.6%
This area
5.6%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 90.9%
Other/Mixed 6.9%
Hispanic/Latino 3.7%
Asian 1.3%
Black/African American 0.8%
👶 Under 18
14.7%
This area
14.7%
USA
22.0%
👴 65 and Over
21.8%
This area
21.8%
USA
17.3%
📊 Poverty Rate
11.0%
This area
11.0%
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 14219

A+ Avg School Grade
1 Schools
11.4:1 Avg Class Size
$21,813 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

BLASDELL ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
486 Students
👨‍🏫
11.4:1 Class Size
💰
$21,813 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

LACKAWANNA HIGH SCHOOL

📚 09 – 12 High School
📍 550 MARTIN RD, LACKAWANNA
👥
645 Students
👨‍🏫
10.8:1 Class Size
💰
$31,270 Per Student
A+ Excellent

LACKAWANNA MIDDLE SCHOOL

📚 06 – 08 Middle
📍 550 MARTIN RD, LACKAWANNA
👥
440 Students
👨‍🏫
8.9:1 Class Size
💰
$31,270 Per Student
A+ Excellent

MARTIN ROAD ELEMENTARY SCHOOL

📚 02 – 05 Elementary
📍 135 MARTIN RD, LACKAWANNA
👥
570 Students
👨‍🏫
9.9:1 Class Size
💰
$31,270 Per Student
A+ Excellent

TRUMAN ELEMENTARY SCHOOL

📚 Pre-K – 02 Elementary
📍 15 INNER DR, LACKAWANNA
👥
406 Students
👨‍🏫
9.6:1 Class Size
💰
$31,270 Per Student
A Very Good

GLOBAL CONCEPTS CHARTER SCHOOL

📚 K – 12 K-12 Charter
📍 1001 RIDGE RD, LACKAWANNA
👥
858 Students
👨‍🏫
10.6:1 Class Size
💰
$16,217 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 4,052 Off-Campus Students
D
Hilbert College
973 students · 2.4 mi
D
Bryant & Stratton College-Online
9,418 students · 2.9 mi
D
Trocaire College
1,104 students · 4.1 mi
C
Continental School of Beauty Culture-West Seneca
67 students · 4.6 mi
C
Erie 1 BOCES
312 students · 4.8 mi
D
National Tractor Trailer School Inc-Buffalo
211 students · 5.5 mi
C
Erie Community College
7,618 students · 6.8 mi
C
Bryant & Stratton College-Buffalo
1,840 students · 7.1 mi

Investor Insight: With 4,052 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What do landlords charge for rent in Buffalo, NY?

Rent in Buffalo, NY is around $1,107/mo. The resulting rent-to-value relationship with $265K pricing is reasonable for most investor models.

What is the average home sale price in Buffalo, NY?

Typical homes in Buffalo, NY go for around $265K. The 5-year CAGR of 0.0% even-keeled price movement.

Do rentals sit vacant long in Buffalo, NY?

Expect elevated vacancy in Buffalo, NY. Rents at $1,107/mo are absorbed by the tenant base without meaningful lag.

How landlord-friendly is Buffalo, NY?

Landlord-friendliness in Buffalo, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What type of investing works in Buffalo, NY?

A careful cash-flow rentals with hands-on management strategy Buffalo, NY best. The market produces predictable results for that approach at the $265K price point.

You know 14219 now. You don’t know where it ranks.

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How 14219 ranks in Buffalo-Cheektowaga, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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