Real Estate Investing in Niagara Falls, New York (14301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14301 (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: 19.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 35.1% poverty rate — can affect rent collection.
- Lower household income: $32,111 median — tenant affordability is tighter.
What’s happening in Niagara Falls, NY (14301)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14301 Niagara Falls
ZIP 14301 inside Niagara Falls, NY leans into a value-add thesis. Home values near $118K sit below the state median, and rents of $1,194/mo leave room for forced-equity plays.
Value-add is the defining thesis in 14301. Homes trade near $118K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
Across NY, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 14301 posts both traits clearly.
Looking more closely, incomes in 14301 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.
ZIP 14301 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Niagara Falls:
Property Strategy for 14301
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $101,204 | $1,070 | 7.6% | +11.1% | $50,602 |
| 3BR | $112,064 | $1,310 | 8.4% | +10.5% | $37,355 |
| 4BR | $119,624 | $1,490 | 9.0% | +10.2% | $29,906 |
| 5BR | $124,996 | — | — | +8.1% | $24,999 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14301 Compare?
| Metric | 14301 | Niagara Falls | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $118,349 | $119,992 | N/A | $505,608 |
| 5-Year CAGR | 6.1% | 6.8% | N/A | 6.6% |
| Avg Rent | $1,194 | $1,282 | N/A | - |
| Cap Rate | 7.9% | 7.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14301 (Niagara Falls, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $118,349 |
| Monthly Rent | $1,194 |
| Price-to-Rent | 8.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.1% |
| Cap Rate | 7.9% |
| 5-Year IRR | 13.9% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 Rent Trends
| 1-Year | +18.0% ▲ |
| 3-Year CAGR | +7.3% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (7.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14301
Population: 11,448
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 14301
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
COLONIAL VILLAGE ELEMENTARY SCHOOL
BLONEVA BOND PRIMARY SCHOOL
HARRY F ABATE ELEMENTARY SCHOOL
HENRY J KALFAS MAGNET SCHOOL
HYDE PARK 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
Is housing expensive in Niagara Falls, NY?
Median home price in Niagara Falls, NY is near $118K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Does Niagara Falls, NY meet the 1% rule for rental property?
The 1% rule is solid territory for Niagara Falls, NY. Rent-to-price at the median is 1.01%, putting many properties within striking distance.
How well does BRRRR work in Niagara Falls, NY?
Operators BRRRR-ing in Niagara Falls, NY report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.
How viable is house hacking in Niagara Falls, NY?
The an attractive house-hack environment in Niagara Falls, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How much rent can I charge in Niagara Falls, NY?
Rent in Niagara Falls, NY is around $1,194/mo. The resulting rent-to-value relationship with $118K pricing is reasonable for most investor models.
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How 14301 ranks in Buffalo-Cheektowaga, NY
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