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Old 06-23-2016, 11:03 PM
 
85 posts, read 70,037 times
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You know, I was going to bring something up too....it's about the Rents in this area?

Are the Rents too damn high in the Buffalo-Niagara Area? Even compared to Rochester, the rents in the Buffalo Niagara area over the last five years have increased.

Today, if you have a rent budget for this region of $600-700 a month, .....you're gonna have a really tough time finding a decent apartment in the Buffalo area, in a decent part of town.....it can be done, but it will be a lot tougher

A budget like that will get you: Kenmore, parts of Buffalo (and not the nicest parts like Allentown/ Delaware etc), City of Tonawanda, NT, Lockport, and The City of Niagara Falls.

To get a decent place in a respectable area, you have to at least be north of $700 in most cases, and thats your floor, id say 750-850 median. $750-850 will get you into Orchard Park, West Seneca, and Hamburg, but you'll have to deal with the terrible snow they get, and that price tag will also get you Cheektowaga, and Town of Tonawanda now. $850+ gets you Delaware Park, Allentown in the city and Sweet Home by UB, Grand Island, and Lancaster....and 900-1000+ is what you'd need for East Amherst, Clarence if you wanted that area. It's really something IMO how fast things have jumped,

By comparison you go down to Rochester, a budget of $600 to 700 seems to get you more options than what it gets you here....or if you go three hours down to Cleveland, that budget gets you into some nice areas. But using Rochester as a comparable, on that budget its possible to find places in Fairport, or Penfield which are some of the nicer Rochester areas....wth makes up the differences in prices?

It seems like not more than ever is a great time to own income property here
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Old 06-23-2016, 11:09 PM
 
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Is this even true? I don't know if rents haven't gone up in general and depending on where you look in any area. Buffalo, NY Apartments for Rent | Apartment Finder

Rochester, NY Apartments for Rent | Apartment Finder
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Old 06-24-2016, 10:31 AM
 
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Try Mount Laurel NJ $1650 plus utilities for a 1200 sq ft house that had appliances named Hotpoint and Roper.
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Old 06-25-2016, 11:29 AM
 
Location: Rochester
844 posts, read 1,628,390 times
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I think this is a national trend. Even in Rochester, I wan't able to find a one bedroom in any of the neighborhoods I wanted to live in for under $700 last year. I was priced out of the East End studio I was living in when they wanted to raise my rent well beyond that upon resigning my lease. I was forced into a decent, but not all that great, neighborhood in the outskirts of the city, bordering on a really rundown neighborhood and an inner ring suburb. Just over a decade ago, I was paying $415/month for a 3-bedroom house in Rochester's South Wedge neighborhood.

That's just how the market is these days. On the bright side, if you were living in a city such as San Fransisco, Portland or NYC, you wouldn't be able to rent a closet on that budget, and even if you could, it'd probably increase 2 grand by next year.
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Old 06-25-2016, 12:02 PM
 
1,490 posts, read 1,322,719 times
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Quote:
Originally Posted by 585WNY View Post
I think this is a national trend. Even in Rochester, I wan't able to find a one bedroom in any of the neighborhoods I wanted to live in for under $700 last year. I was priced out of the East End studio I was living in when they wanted to raise my rent well beyond that upon resigning my lease. I was forced into a decent, but not all that great, neighborhood in the outskirts of the city, bordering on a really rundown neighborhood and an inner ring suburb. Just over a decade ago, I was paying $415/month for a 3-bedroom house in Rochester's South Wedge neighborhood.

That's just how the market is these days. On the bright side, if you were living in a city such as San Fransisco, Portland or NYC, you wouldn't be able to rent a closet on that budget, and even if you could, it'd probably increase 2 grand by next year.

A 3 bedroom in the South Wedge today is about $1200 and up
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Old 06-25-2016, 06:35 PM
 
Location: New York
831 posts, read 643,356 times
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Wish I was only paying $700/month! Lol
That's cheap if you ask me
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Old 07-02-2016, 10:41 AM
 
Location: Lubec, ME
908 posts, read 907,632 times
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Quote:
Originally Posted by 585WNY View Post
I think this is a national trend. Even in Rochester, I wan't able to find a one bedroom in any of the neighborhoods I wanted to live in for under $700 last year. I was priced out of the East End studio I was living in when they wanted to raise my rent well beyond that upon resigning my lease. I was forced into a decent, but not all that great, neighborhood in the outskirts of the city, bordering on a really rundown neighborhood and an inner ring suburb. Just over a decade ago, I was paying $415/month for a 3-bedroom house in Rochester's South Wedge neighborhood.

That's just how the market is these days. On the bright side, if you were living in a city such as San Fransisco, Portland or NYC, you wouldn't be able to rent a closet on that budget, and even if you could, it'd probably increase 2 grand by next year.
Portland? Portland market is hot but there are tons of varied apartments or houses you could rent up there. Houses in the $1400 or $1500 range arent hard to find. Maybe you meant Seattle.
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Old 07-02-2016, 10:42 AM
 
Location: Lubec, ME
908 posts, read 907,632 times
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Buffalo is hot - for now. Lots of new investment because people are trying to ride the wave. In a few years, once all the short-term boosts to the economy fizzle, rents will soften. People try to punch the ceiling. Housing market blew up in a bubble once, it's going that way again (on the whole, not just in this area).

Also, there are only a few places in Buffalo where people actually want to live. I lived in Tona in a 2 BR for $700. Pretty safe, by the 290, easy access to everything.
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Old 08-24-2016, 10:00 AM
 
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Rents are actually pretty damn cheap compared to many other parts of the state. Renting for under $1000 (very very very doable in Buffalo) is something to be grateful for, tbh. Spend $1500/month for a studio downstate and then talk to me.
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Old 08-24-2016, 10:35 AM
 
56,243 posts, read 80,390,973 times
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Quote:
Originally Posted by nynj147 View Post
Rents are actually pretty damn cheap compared to many other parts of the state. Renting for under $1000 (very very very doable in Buffalo) is something to be grateful for, tbh. Spend $1500/month for a studio downstate and then talk to me.
Rent in Upstate NY in general are largely more affordable than rent Downstate.
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