Buffalo Multifamily Market Report

By PropZone Research · Data through Q4 2023 · Aggregated from CBRE

Quarterly multifamily market indicators for Buffalo, aggregated by PropZone from CBRE. As of Q4 2023, average asking rent was — with a 13.1% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q4 202313.1%8K SFCBRE

Frequently asked questions

What is the average asking rent for multifamily space in Buffalo?
PropZone aggregates multifamily asking-rent data for Buffalo from major brokerage market reports; see the quarterly table for the latest available figures.
What is the multifamily vacancy rate in Buffalo?
The multifamily vacancy rate in Buffalo was 13.1% as of Q4 2023 (CBRE).
Where does PropZone's Buffalo market data come from?
This report aggregates quarterly multifamily market data for Buffalo from CBRE.