Real Estate Investing in Buffalo, New York (14222)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14222 (Buffalo, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.3% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 29.4 — hard to cash-flow at these prices.
What’s happening in Buffalo, NY (14222)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14222 Buffalo
The 14222 ZIP covers a section of Buffalo that demands careful diligence. Prices near $541K look accessible, but the work to make a deal cash flow is real.
On the rental side, the numbers look inviting — $541K purchase price, 0.0% nominal cap — the work to hit that pro forma in 14222 is substantial and deserves full respect.
ZIP 14222's metrics run below Erie County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 14222 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 14222 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 Buffalo:
Property Strategy for 14222
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $352,133 | $1,520 | 3.1% | +3.0% | $176,066 |
| 3BR | $492,412 | $1,860 | 2.7% | +5.2% | $164,137 |
| 4BR | $537,935 | $2,120 | 2.8% | +6.3% | $134,484 |
| 5BR | $663,011 | — | — | +5.5% | $132,602 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14222 Compare?
| Metric | 14222 | Buffalo | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $540,843 | $237,084 | N/A | $505,608 |
| 5-Year CAGR | 4.6% | 5.8% | N/A | 6.6% |
| Avg Rent | $1,535 | $1,433 | N/A | - |
| Cap Rate | 2.2% | 4.7% | - | - |
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 14222 (Buffalo, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 14222 (Buffalo, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $540,843 |
| Monthly Rent | $1,535 |
| Price-to-Rent | 29.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +10.1% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 14222
Population: 15,440
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 14222
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BENNETT PARK MONTESSORI SCHOOL
BUFFALO ACADEMY FOR THE VISUAL & PERFORMING ARTS
BUFFALO ELEMENTARY SCHOOL OF TECHNOLOGY
BUFFALO SCHOOL OF CULINARY ARTS AND HOSPITALITY MANAGEMENT
BURGARD HIGH 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 3,856 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Buffalo, NY a good market for buy-and-hold investors?
Yes - Buffalo, NY a 3.0/5 investability score. With $541K home prices against $1,535/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much should I expect to pay for a home in Buffalo, NY?
Homes in Buffalo, NY typically sell near $541K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
What do landlords charge for rent in Buffalo, NY?
Buffalo, NY rentals go for roughly $1,535/mo a month. That puts gross yield in solid territory relative to $541K acquisition costs.
What is the tenant pool like in Buffalo, NY?
Tenant demand in Buffalo, NY is solid. The local workforce $1,535/mo rents across most rental classes.
What kind of vacancy should I budget for in Buffalo, NY?
Buffalo, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
You know 14222 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14222 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 14222 ranks in Buffalo-Cheektowaga, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 14222 (Buffalo)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 14222 (Buffalo, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.