Apartments & Homes for Rent in Niagara Falls, NY

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What to Know About

Life in Niagara Falls & Beyond

Niagara Falls shares many of the great qualities that make New York a desirable place to live.

New York state is known for its iconic skyscrapers, cultural diversity, and history. Visit notable museums, such as the Metropolitan Museum of Art, the American Museum of Natural History, and the Museum of Modern Art, to learn about the state's cultural heritage. New York is also home to prestigious universities like Columbia University, Cornell University, and New York University. The theater and art scene also thrive in New York, with world-renowned museums and performance centers in NYC like the Metropolitan Museum of Art, Lincoln Center, and Carnegie Hall.

From the breathtaking peaks of the Adirondack and Catskill Mountains to the scenic beauty of the Finger Lakes, outdoor enthusiasts will find plenty to explore. In terms of sports, New York is home to many professional teams like the New York Giants (NFL), Buffalo Bills (NFL), New York Rangers (NHL), New York Yankees (MLB), New York Mets (MLB), the New York Knicks (NBA), and Brooklyn Nets (NBA). In addition, embrace famous attractions like the Empire State Building, Statue of Liberty, Central Park, and Niagara Falls.

New York offers a high quality of life, a strong economy, and a rich cultural heritage, making it a great place to live.

Rental Market Trends

Niagara Falls, NY

As of April 2025, Niagara Falls's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Niagara Falls's average rent is 58.5% ($1,474) lower than the New York average of $2,520 and 41.9% ($753) lower than the U.S. average of $1,799.

Average Rent
$1,046
Monthly ChangeMonth Over Month Change
Increased5.4% ($54)
Yearly ChangeYear Over Year Change
Increased11.8% ($110)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $852 Increased14.8% ($110) Increased5.3% ($43)
2 Beds $977 Decreased2.2% ($22) Increased5.4% ($50)
3 Beds $1,132 Decreased10.4% ($131) Increased3.5% ($38)
Nearby Cities Average Rent Avg. Rent vs. Niagara FallsAverage Rent vs. Niagara Falls Avg. Days on MarketAverage Days on Market
Grand Island $1,548 Increased48% ($502) 34 days
Tonawanda $1,212 Increased15.9% ($166) 36 days
North Tonawanda $1,057 Increased1.1% ($11) 41 days
Getzville $1,743 Increased66.6% ($697) 35 days
Buffalo $1,771 Increased69.3% ($725) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Niagara Falls Rental Market FAQs

Explore rental prices, market trends, and availability in Niagara Falls, NY.

The average rent in Niagara Falls, NY is $1,046 per month.
Homes in Niagara Falls typically rent for between $600 and $1,472 per month, with an average of $1,046 per month.
In Niagara Falls, the average rent for a 1-bedroom home is $852 per month, for a 2-bedroom home, $977 per month, and a 3-bedroom home is $1,132 per month.
The average rent in Niagara Falls is 41.9% ($753) lower than the national average of $1,799 per month.
The average rent in Niagara Falls has increased by 5.4% ($54) in the last month and increased by 11.8% ($110) over the past year.
The rental market in Niagara Falls, NY, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Niagara Falls, NY, the average rental stays on the market for approximately 41 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 13 rental properties available in Niagara Falls, NY.
Based on the current averages, a household would need an annual income of $39,080 to comfortably afford a 2-bedroom home in Niagara Falls.
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