Average Rent in Niagara Falls, NY (2026)

Typical asking rent in Niagara Falls is $1,268. Across the 4 ZIP codes with data it runs from $1,194 to $1,400, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$1,268
Average rent
$1,282
Lowest ZIP
$1,194
Highest ZIP
$1,400

Rent by ZIP code in Niagara Falls

ZIP codeCountyTypical rentvs city median
14305Niagara County$1,400+10%
14304Niagara County$1,328+5%
14303Niagara County$1,207-5%
14301Niagara County$1,194-6%

Rent by bedroom count in Niagara Falls

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Niagara County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Niagara County uses Small Area FMRs, and the two bedroom figure runs from $1,080 to $1,330 depending on the Niagara Falls ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,178+6.6%
1 bedroom$1,203+5.6%
2 bedroom$1,423+6.0%
3 bedroom$1,732+5.6%
4 bedroom$1,977+5.8%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Niagara Falls?

Typical rent across Niagara County is $1,184 as of August 2026. That is up 6.5% from a year earlier and up 43.2% over five years.

YearTypical rent, Niagara CountyChange
2021$850+13.8%
2022$949+11.7%
2023$1,014+6.9%
2024$1,094+7.8%
2025$1,129+3.2%
2026 (through August)$1,184+4.9%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Niagara Falls rent questions

What is the average rent in Niagara Falls, NY?
Typical asking rent in Niagara Falls is $1,268 a month as of July 2026, across 4 ZIP codes. By ZIP code it runs from $1,194 to $1,400.
How much is rent for a 2 bedroom in Niagara Falls?
HUD's FY2027 Fair Market Rent for a two bedroom in Niagara County is $1,423 a month including utilities. A one bedroom is $1,203 and a three bedroom is $1,732. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Niagara Falls?
Rent is rising. Typical rent in Niagara County is $1,184 as of August 2026, up 6.5% from a year earlier.
What is the cheapest ZIP code to rent in Niagara Falls?
ZIP 14301 has the lowest typical asking rent in Niagara Falls at $1,194 a month, compared with $1,268 for the city overall.
How much income do you need to rent in Niagara Falls?
Most landlords look for gross income of about three times the rent. At the typical Niagara Falls rent of $1,268, that is about $3,804 a month, or $45,648 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Niagara Falls sits in the Buffalo-Cheektowaga, NY metro area.

Other New York cities

Would a rental in Niagara Falls cash flow?

Start the analyzer with the Niagara Falls median rent of $1,268 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.