What is the median rent in Niagara Falls, NY?

The median gross rent in Niagara Falls, NY is $823 (±$33) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 8,882 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Niagara Falls, the median gross rent went from $665 in 2015–2019 to $823 in 2020–2024 (+23.8%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$823 (±$33)
Rented homes
8,882 (±564)
$2,000 or more
5.6%
Since 2015–2019
+23.8%

How much rent costs in Niagara Falls

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentNiagara FallsNiagara CountyNew YorkUnited States
Less than $50014.2% (±3.3 points)12.2%7.8%6.3%
$500 to $99952.6% (±4.5 points)49.9%15.2%20.2%
$1,000 to $1,49922.4% (±3.6 points)27.9%22.2%28.1%
$1,500 to $1,9995.1% (±1.8 points)5.6%19.8%21.1%
$2,000 to $2,4994.3% (±2.1 points)3.3%14.3%12.0%
$2,500 to $2,9990.2% (±0.3 points)0.3%7.6%5.5%
$3,000 or more1.1% (±0.9 points)0.8%13.2%6.8%

The most common range is $500 to $999, paid by 52.6% of renting households.

5.6% of rented homes in Niagara Falls cost $2,000 or more a month.

Niagara Falls against Niagara County, its state and the nation

Estimate (90% margin of error)
Niagara FallsNiagara CountyNew YorkUnited States
Median gross rent$823 (±$33)$899 (±$20)$1,621 (±$7)$1,413
Rented homes paying rent8,882 (±564)25,140 (±929)3,406,652 (±12,095)42,849,984

In Niagara Falls, median gross rent is lower than in Niagara County ($899).

It is also lower than in New York ($1,621).

It is lower than the national figure ($1,413).

In Niagara County, Niagara Falls ranks 12 of 15 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 757 of 952.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Niagara Falls has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$665 (±$26)$823 (±$33)+23.8%No measurable change after inflation
Households that rent44.3% (±1.8 points)41.5% (±2.3 points)−2.8 percentage pointsNot a measurable change
Rental vacancy rate16.7% (±2.3 points)4.6% (±1.4 points)−12.1 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Niagara Falls

Nearest places with a published estimate, compared with Niagara Falls
PlaceDistanceMedian gross rentCompared with this place
Niagara Falls—$823 (±$33)—
Town of Niagara2.3 mi$1,077 (±$117)Higher
Village of Lewiston5.6 mi$1,131 (±$144)Higher
Town of Grand Island5.8 mi$1,199 (±$67)Higher
Town of Wheatfield6.6 mi$989 (±$87)Higher
Town of Lewiston7.1 mi$988 (±$81)Higher
Sanborn7.8 mi$1,049 (±$199)Higher
Grandyle Village7.8 mi$1,209 (±$557)Not measurably different
North Tonawanda7.8 mi$934 (±$26)Higher

Nearby places with a measurably higher figure: Town of Niagara, NY ($1,077), Village of Lewiston, NY ($1,131), Town of Grand Island, NY ($1,199).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Niagara County, place by place

RankPlaceMedian gross rent
6Town of Lewiston$988 (±$81)
7Lockport$945 (±$43)
8North Tonawanda$934 (±$26)
9Town of Cambria$927 (±$58)
10Town of Newfane$829 (±$89)
11Town of Royalton$828 (±$46)
12Niagara Falls$823 (±$33)
13Town of Somerset$769 (±$259)
14Town of Hartland$764 (±$64)
15Town of Lockport$729 (±$71)

Showing 10 of 15 places in Niagara County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Niagara Falls

What is the average rent in Niagara Falls, NY?

The Census Bureau publishes the median rather than the average: the median gross rent in Niagara Falls is $823 (±$33) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Niagara Falls?

In Niagara Falls, the median gross rent went from $665 in 2015–2019 to $823 in 2020–2024 (+23.8%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Niagara Falls cost more than $2,000 a month?

5.6% of rented homes in Niagara Falls have a gross rent of $2,000 or more a month, and 14.2% cost less than $500.

Is rent in Niagara Falls higher than in Niagara County?

In Niagara Falls, median gross rent is lower than in Niagara County ($899).

It is also lower than in New York ($1,621).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Niagara Falls city, Niagara County, New York (county subdivision:51055, in state:36 county:063).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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