Rent to own Homes in Buffalo, NY

The vibrant city of Buffalo has an average annual residential turnover of 14.09 percent, indicating real estate stability not often found in cities of its size. As the median home sales price of $92,000 is currently under the national median, it is a good time to invest in a house or property that you could call your own. With such good prices, you may be able to negotiate a rent to own option. Those looking for an apartment to rent should know that, while the apartment vacancy rate stands at a tight 4.1 percent, the total percentage of unoccupied housing units is 6.89 percent, indicating that it is easier to rent an apartment than any other housing type. Owner-occupied housing accounted for 50.92 percent of all the real estate in Buffalo, while 42.19 percent of properties are occupied by renters.

Buffalo, NY is a great place for affordable rent-to-own homes! With a median household income of over $39,677 and a median rent of $801, the Buffalo, NY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Buffalo, NY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Buffalo, NY rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 191
18 DONLEN DR
3 Beds, 1 Bath
Rent To Own
Pine Hill
Single Family Home
Buffalo, NY 14225
896 Sqft | Built in 1946
Hot
1345 WHITNEY AVE
2 Beds, 1 Bath
Rent To Own
Little Italy
Single Family Home
Niagara Falls, NY 14301
1,120 Sqft | Built in 1910
1 of 14 782 SMITH ST
3 Beds, 1 Bath
Rent To Own
Emslie
Townhouse/Condo
Buffalo, NY 14206
1,570 Sqft | Built in 1900
1 of 27 44 PARKVIEW AVE
8 Beds, 3 Baths
Rent To Own
Cazenovia Park
Townhouse/Condo
Buffalo, NY 14210
2,864 Sqft | Built in 1910
1 of 5 90 WHITEHALL AVE
5 Beds, 2.5 Baths
Rent To Own
South Abbott
Townhouse/Condo
Buffalo, NY 14220
2,891 Sqft | Built in 1958
1 of 45 674 MCKINLEY PKWY
5 Beds, 2 Baths
Rent To Own
Abbott McKinley
Single Family Home
Buffalo, NY 14220
2,410 Sqft | Built in 1899
1 of 50 328 WOODBRIDGE AVE
5 Beds, 3.5 Baths
Rent To Own
North Park
Single Family Home
Buffalo, NY 14214
3,112 Sqft | Built in 1921
1 of 15 29 PROGRESSIVE AVE
5 Beds, 2 Baths
Rent To Own
Riverside Park
Single Family Home
Buffalo, NY 14207
1,834 Sqft | Built in 1900
Rent to own homes offer low monthly payments and flexible terms.
166 E SOMERSET AVE
3 Beds, 1.5 Bath
Rent To Own
Brighton
Single Family Home
Tonawanda, NY 14150
1,568 Sqft | Built in 1951
Hot
1 of 11 145 BROOKLANE DR
4 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Buffalo, NY 14221
2,022 Sqft | Built in 1964
1 of 29 129 PARKWOOD DR
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Buffalo, NY 14226
1,863 Sqft | Built in 1953
1 of 23 4583 CHESTNUT RIDGE RD #12
2 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Buffalo, NY 14228
1,153 Sqft | Built in 1988
1 of 32 97 GREENTREE RD
3 Beds, 2 Baths
Rent To Own
Green Acres North
Single Family Home
Tonawanda, NY 14150
1,015 Sqft | Built in 1958
1 of 16 3558 HORTON AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Buffalo, NY 14219
1,626 Sqft | Built in 1978
48 FAIRELM LN
6 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Buffalo, NY 14227
2,350 Sqft | Built in 1965
1 of 30 7 green meadow
3 Beds, 1.5 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
West Seneca, NY 14224
1,500 Sqft | Built in 1963
1 of 20 165 FOREST HILL DR
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Buffalo, NY 14221
1,285 Sqft | Built in 1958
1 of 24 205 SHARON DR
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Buffalo, NY 14224
2,280 Sqft | Built in 1969
1 of 13 75 GUILFORD LN #8
2 Beds, 1.5 Bath
Rent To Own
 
Townhouse/Condo
Buffalo, NY 14221
1,160 Sqft | Built in 1968
1 of 21 4625 LOGANS LN
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Hamburg, NY 14075
2,112 Sqft | Built in 2018
1 of 30 268 BELVOIR RD
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Buffalo, NY 14221
2,678 Sqft | Built in 1969
1 of 9 54 Foxberry Drive
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Getzville, NY 14068
620 Sqft | Built in 1988
Hot
1153 W RIVER RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Grand Island, NY 14072
2,203 Sqft | Built in 1956
Hot
1 of 2 349 FREDERICKA ST
4 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
North Tonawanda, NY 14120
1,664 Sqft | Built in 1954
Hot
1 of 2 353 FREDERICKA ST
4 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
North Tonawanda, NY 14120
1,664 Sqft | Built in 1955
1 of 16 499 KOHL ST
2 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
North Tonawanda, NY 14120
784 Sqft | Built in 1953
1 of 32 4897 BEST ST
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Hamburg, NY 14075
1,803 Sqft | Built in 1965
1 of 21 3218 RACHELLE DR
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
North Tonawanda, NY 14120
1,669 Sqft | Built in 1992
210 SAN FERNANDO LN
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
East Amherst, NY 14051
2,065 Sqft | Built in 1998
4252 FOXWOOD LN
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Buffalo, NY 14221
2,340 Sqft | Built in 1999
1 of 21 8340 VERNON CIR
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Buffalo, NY 14221
1,250 Sqft | Built in 1952
Hot
1 of 17 8421 BUFFALO AVE #1
2 Beds, 1 Bath
Rent To Own
LaSalle
Townhouse/Condo
Niagara Falls, NY 14304
950 Sqft | Built in 1970
6937 PLAZA DR
9 Beds, 5 Baths
Rent To Own
 
Townhouse/Condo
Niagara Falls, NY 14304
3,468 Sqft | Built in 1995
Hot
1 of 29 200 70TH ST
3 Beds, 1 Bath
Rent To Own
LaSalle
Single Family Home
Niagara Falls, NY 14304
1,228 Sqft | Built in 1939
Hot
1 of 23 2422 NIAGARA RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Niagara Falls, NY 14304
1,288 Sqft | Built in 1930
1 of 28 14 HAMPTON CT
3 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Lancaster, NY 14086
1,978 Sqft | Built in 1994
1 of 14 43 MICHAELS WALK
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Lancaster, NY 14086
2,050 Sqft | Built in 1996
1 of 24 8870 SESH RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Clarence Center, NY 14032
2,098 Sqft | Built in 1950
1 of 8 2085 BOIES RD
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
East Aurora, NY 14052
1,586 Sqft | Built in 2014
1 of 29 11083 COLEMAN RD
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Elma, NY 14059
1,352 Sqft | Built in 1965
11455 CARY RD
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Alden, NY 14004
1,418 Sqft | Built in 1954
1 of 37 4286 RIVERWALK S
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Youngstown, NY 14174
1,510 Sqft | Built in 2010
1 of 18 13337 Main Street
4 Beds, 1.5 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Akron, NY 14001
1,838 Sqft
1 of 36 1 Main Street Unit 29
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Youngstown, NY 14174
947 Sqft | Built in 1972
Sponsored Link

More Buffalo, NY Property Resources

Rent to own Homes in Cities Near Buffalo, NY

Browse all Rent to own Homes in New York

Buying a Home in Buffalo, NY

Buffalo, NY is seeing rapid growth and Buffalo, NY's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Buffalo, NY is part of Erie county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Erie is 2.65% which is above the national average, which is 0.99%.

Median Home Price in Buffalo, NY

Median Rent in Buffalo, NY

Rent to own homes offer low monthly payments and flexible terms.

Weather and Climate The climate in Buffalo is humid owing to the continental climate prevalent in the area. The summers in Buffalo are sunnier than in any other major city in the Northeast. With plentiful sunshine and moderate humidity, the city of Buffalo gets over 65 percent of its annual sunshine within a span of three months from June to August. The "Oasis Effect," typified by pleasant breezes originating from Lake Erie, keeps the summer humidity low and temperatures moderate. The average temperature in July is 80 degrees. Although Buffalo has a reputation for snowy winters, it isn't the snowiest place in the United States. The winters here tend to be quite long, as in most of Western New York, and typically span from mid-November to mid-March.

Outdoors Activities Buffalo has a number of outdoor activities on offer that are in huge demand year round. These range from skiing in the winters to fishing, bird watching, and boating during the warm summer months. Other popular winter activities include tobogganing, sledding, and ice fishing, and the ski slopes located in South Buffalo bring in crowds from all over the Northwest. During the summer months, you can learn to sail at one of the many sailing schools or explore on the hiking and biking trails that meander through the city. Several of these trails are part of the Erie Canalway Trail. The three major parks in Buffalo together make up the Olmstead Park System. The Buffalo Zoological Gardens, the third-oldest zoo in the country, is located on 23.5 acres of the Delaware Park, and is known for its collection of exotic animals.

Neighborhood Guide Buffalo, being one of the oldest cities in the US, has a mix of old and new neighborhoods. These are some of the more popular:Allentown: One of the first residential districts in the country, Allentown is known as a premier destination for its eclectic selection of antique stores, dining options, and vibrant nightlife. The area is home to a community of artists that give it a unique flavor. Some of the landmarks in the area include the Allendale Theater, the Kleinhans Music Hall, which is the home of the Buffalo Philharmonic Orchestra, and Arlington Park. One of the most popular events in the neighborhood is the annual Allentown Art festival.

Buffalo, NY Frequently Asked Questions

Buffalo, NY has a walk score of

Buffalo, NY has a bike score of

The state tax rate is 4.0 to 10.9% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
Browse Rent to own Locations Below
Browse All Rent to Own Listings