Rental market snapshot for Niagara Falls, New York

Niagara Falls, New York Rental Property Market Overview

Niagara Falls, New York is a city located in Niagara County, New York. According to the US Census, the population of Niagara Falls, New York in 2021 is 48,360. It is located on the Niagara River, just across the border from Ontario, Canada. Niagara Falls is a popular tourist destination due to its proximity to Niagara Falls, one of the world's most famous waterfalls. The city is also home to a variety of attractions, including the Aquarium of Niagara, the Niagara Falls State Park, and the Niagara Falls International Airport.

The average rent for an apartment in Niagara Falls is $1,082. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 3.1% over the past year.

Last Updated April 04, 2023

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Average monthly rent graph in Niagara Falls New York | Cost of Living

  • The most expensive ZIP Code in Niagara Falls is 14305 with an average price of $1,300
  • The cheapest ZIP Code in Niagara Falls is 14301 with an average price of $650

Niagara Falls ZIP codes with the highest, most expensive rent

#zip codeaverage rent
114305$1,300
214304$975
314303$950
414301$925

Live near Niagara Falls, New York's Top Sights and Attractions

Niagara Falls is a stunning natural wonder located on the border of the United States and Canada. It is made up of three large waterfalls, the American Falls, the Bridal Veil Falls, and the Horseshoe Falls. The Horseshoe Falls is the largest of the three, and is the most powerful waterfall in North America. Visitors can take a boat ride to the base of the falls and feel the power of the water as it cascades over the edge. There are also many observation decks and trails along the river, allowing visitors to take in the beauty of the falls from different angles.

Hyde Park is a beautiful park located in Niagara Falls, New York. It is situated on the banks of the Niagara River and offers stunning views of the Niagara Falls. The park is home to a variety of attractions, including a scenic walking path, a playground, a picnic area, and a gazebo. Visitors can also take a boat tour of the Niagara River or explore the nearby Cave of the Winds. Hyde Park is a great place to relax and take in the beauty of Niagara Falls.

Observation Tower is a tall structure located near the Niagara Falls. It offers breathtaking views of the falls and the surrounding area. Visitors can take an elevator to the top of the tower, where they can enjoy a 360-degree view of the falls and the Niagara River. The tower also features a glass-enclosed observation deck, which allows visitors to get an up-close look at the falls.

D'Amelio Park is a popular tourist attraction located in Niagara Falls, New York. It is a large park with lush green grass and trees, and offers stunning views of the Niagara River and the famous Niagara Falls. The park features a variety of activities, including a playground, picnic areas, walking trails, and a boat launch. Visitors can also take a ride on the Niagara Scenic Trolley, which takes them to the top of the falls. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Rainbow Bridge is a stunning steel arch bridge that spans the Niagara River Gorge, connecting the United States and Canada. It is an iconic landmark of the Niagara Falls area, offering breathtaking views of the falls and the river below. The bridge is illuminated at night with a rainbow of colors, making it a popular spot for photography. It is a popular spot for visitors to take a leisurely stroll and admire the beauty of the area.

Niagara Falls Veterans Memorial is a stunning tribute to the brave men and women who have served in the United States Armed Forces. Located in a picturesque park, the memorial features a large granite wall with the names of veterans inscribed on it. The wall is surrounded by a beautiful garden with a reflecting pool and a flagpole. Visitors can also take in the breathtaking views of the nearby falls from the memorial.

Whirlpool is a natural phenomenon located in the Niagara River, where the water is forced into a narrow channel and creates a powerful swirling vortex. Visitors can observe the powerful force of the whirlpool from the nearby observation decks, and even take a boat tour to get up close and personal with the swirling waters. The whirlpool is a popular attraction for visitors, and is a great way to experience the power of nature.

Crows Nest is a scenic overlook located on the Niagara River Gorge, offering breathtaking views of the Niagara Falls. Visitors can take in the majestic beauty of the falls from a bird's eye view, as well as the surrounding landscape. The area is also home to a variety of wildlife, including birds, deer, and other animals. The observation deck is accessible by car or on foot, and is a popular spot for photography and sightseeing.

Bridal Veil Falls is a stunning waterfall located in Niagara Falls, New York. It is the smallest of the three waterfalls that make up Niagara Falls, but it is no less impressive. The water cascades over a cliff face that is approximately 56 meters (185 feet) high, creating a beautiful veil of mist that can be seen from miles away. The mist from the falls is said to have a calming effect on visitors, and it is a popular spot for weddings and other special occasions.

Let's Fall In Love Public Art is an interactive art installation located in Niagara Falls, New York. It consists of two large metal hearts, each measuring 8 feet tall and 5 feet wide, that are illuminated with LED lights and surrounded by a garden of native plants. Visitors are encouraged to take photos and selfies with the art piece, and the hearts change colors throughout the day. The art installation is meant to symbolize the power of love and the beauty of Niagara Falls.

Niagara Falls, New York area median rent change by ZIP Code map

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How does Niagara Falls compare to other cities in New York ?

citymedian price
West Henrietta$1,795
Medford$3,200
Fairport$1,650
Hicksville$3,395
Bronx$2,300
Central Islip$2,650
Westbury$3,600
Highland$1,745
New Paltz$2,550

Average household income in Niagara Falls area graph - US Census

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The median household income in Niagara Falls in 2021 was $43,336. This represents a 32.9% change from 2011 when the median was $32,617.

#categorypercent
0Less than $10,00011.1%
1$10,000 to $14,9998.7%
2$15,000 to $19,9996.5%
3$20,000 to $24,9997.1%
4$25,000 to $29,9995.9%
5$30,000 to $34,9995.0%
6$35,000 to $39,9994.3%
7$40,000 to $44,9995.9%
8$45,000 to $49,9995.3%
9$50,000 to $59,9996.0%
10$60,000 to $74,9999.3%
11$75,000 to $99,99911.4%
12$100,000 to $124,9995.8%
13$125,000 to $149,9992.6%
14$150,000 to $199,9992.7%
15$200,000 or more2.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Niagara Falls is $1,082.
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