Housing market/New York/ZIP 14202

ACS 2023 · FY2027 SAFMR

ZIP 14202 Buffalo, New York

Buffalo-Cheektowaga, NY MSA · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,764
Households
2,204
Median HH income
$47,990
Renter share
75.5%
Median gross rent
$709
Vacancy
10.1%
Pop. change
+8.3%
2BR SAFMR
$1,500
SAFMR / rent
2.116×
2–49 unit stock
1,270
LIHTC proj / units
1 / 296
HUD assisted MF
2 / 324

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 14202 · NY — sent to you.

ZIP 14202 · NY

ACS median rent$709
2BR SAFMR$1,500
90% floor$1,350
110% ceiling$1,650

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 14202

  • 1-unit detached913.7%
  • 1-unit attached1998.1%
  • 2–4 units30912.6%
  • 5–49 units96139.2%
  • 50+ units89236.4%
TypeUnitsShare
1-unit detached913.7%
1-unit attached1998.1%
2 units (duplex)1064.3%
3–4 units2038.3%
5–9 units1717.0%
10–19 units2138.7%
20–49 units57723.5%
50+ units89236.4%
Mobile00.0%

2–4 unit share 12.6% · 5–49 unit share 39.2% · combined 2–49 51.8%.

Units by bedrooms

Studio
257
1BR
846
2BR
1,149
3BR
140
4BR
41
5+
19

Rent burden

Rent ≥30% of income35.8%
Rent ≥50% of income22.9%
  • ACS median gross rent $709 (all bedrooms, occupied rentals).
  • Median contract rent $700.
  • Renters paying ≥30% of income 35.8%; ≥50% 22.9%.
  • FY2027 2BR SAFMR $1,500 (2.116× ACS median gross rent).

Population

3,764 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 296 units.
  • HUD project-based assisted MF: 2 properties, 324 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 495 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 14202 75.5% of occupied households are renters; vacancy is 10.1%; ACS median gross rent is $709; population increased +8.3% between the 2018 and 2023 ACS vintages; the housing stock includes 309 units in 2–4-unit structures and 961 units in 5–49-unit structures; 1 LIHTC projects totaling 296 units; FY2027 2BR SAFMR is $1,500 versus ACS median gross rent of $709. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New York research

ZIP 14202 is a Census / HUD profile for Buffalo-Cheektowaga, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 14202?

ZIP 14202 (Buffalo-Cheektowaga, NY MSA) has 3,764 residents, 2,204 households, a renter share of 75.5%, median household income of $47,990, and ACS 2023 median gross rent of $709. Vacancy is 10.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 14202?

ACS counts 106 units in 2-unit buildings, 203 in 3–4 unit buildings, 171 in 5–9, 213 in 10–19, and 577 in 20–49. Combined 2–49 unit stock is 1,270 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 14202?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,500. See the full schedule and 90–110% payment-standard band on the ZIP 14202 — Buffalo, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 14202 is Census / HUD research for Buffalo-Cheektowaga, NY MSA. Jeff Crowe CRE does not list New York property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.