As of December, 2014, within Ten miles of Buffalo, the average apartment unit rent is $861. The average rent for a one bedroom apartment unit in Birmingham is $774, and the average rent for a two bedroom apartment unit in Birmingham is $909.
For the prior six months, the average apartment rent in Buffalo has gone down by $9 or 1%. Multifamily units have decreased by $24.50 or 3% that are 1 bedroom. Multifamily units have increased by $18.50 or 2% that are 2 bedrooms.
As of February 15, 2015, for Buffalo, $55,743.04 is the median asking price per unit for multifamily properties for sale. This is a gain of 8.7% compared to the past 3 months and a gain of 32.4% when you compare it to pricing of the previous year.
Buffalo, has its location in New York, and in the year 2010 had a population of 261,310 people. This has it as the number 2 most populated city in the state and 69th biggest city in America. Erie County has Buffalo as its county seat. The Buffalo-Niagara-Cattaraugus Combined Statistical Area has 1,215,826 people.
To search for multifamily housing for sale in Buffalo, New York, go to http://www.loopnet.com/Apartment-Buildings-For-Sale/. Also, for another resource to find more information about multifamily property for sale in Buffalo, New York, go to http://www.biggerpockets.com/
Apartment Loan Store is proud to serve the entire Greater Buffalo area:
- Fort Erie, Canada
- West Seneca, NY
- Lackawanna, NY
- Kenmore, NY
- Cheektowaga, NY
- Tonawanda, NY
- Depew, NY
- Hamburg, NY
- North Tonawanda, NY
- Lancaster, NY
- Niagara Falls, NY
- Niagara Falls, Canada
- Welland, Canada
- Lockport, NY
- Saint Catharines, Canada
Apartment/Multifamily Loans/Financing