Housing market/New York/ZIP 14224
ZIP 14224 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.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 14224 · NY — sent to you.
ZIP 14224 · NY
ACS rent vs 2BR SAFMR
ZIP 14224 — Buffalo, NY HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 14224
- 1-unit detached13,17768.3%
- 1-unit attached4772.5%
- 2–4 units2,12711.0%
- 5–49 units2,06210.7%
- 50+ units1,1185.8%
- Mobile3251.7%
2–4 unit share 11.0% · 5–49 unit share 10.7% · combined 2–49 21.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,077 (all bedrooms, occupied rentals).
- Median contract rent $960.
- Renters paying ≥30% of income 40.9%; ≥50% 18.2%.
- FY2027 2BR SAFMR $1,570 (1.458× ACS median gross rent).
Population
41,101 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +1.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- HUD project-based assisted MF: 4 properties, 194 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 14224 24.0% of occupied households are renters; vacancy is 4.3%; ACS median gross rent is $1,077; population increased +1.3% between the 2018 and 2023 ACS vintages; the housing stock includes 2,127 units in 2–4-unit structures and 2,062 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,570 versus ACS median gross rent of $1,077. 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 14224 is a Census / HUD profile for Buffalo-Cheektowaga, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 14224 — Buffalo, NY HUD Section 8 Payment Standards / SAFMR·New York ZIP directory
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 14224?
ZIP 14224 (Buffalo-Cheektowaga, NY MSA) has 41,101 residents, 18,448 households, a renter share of 24.0%, median household income of $76,250, and ACS 2023 median gross rent of $1,077. Vacancy is 4.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 14224?
ACS counts 1,594 units in 2-unit buildings, 533 in 3–4 unit buildings, 1,346 in 5–9, 533 in 10–19, and 183 in 20–49. Combined 2–49 unit stock is 4,189 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 14224?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,570. See the full schedule and 90–110% payment-standard band on the ZIP 14224 — Buffalo, NY HUD Section 8 Payment Standards / SAFMR.
Does this New York ZIP profile include Georgia listings?
No. ZIP 14224 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.