Housing market/New York/ZIP 14225

ACS 2023 · FY2027 SAFMR

ZIP 14225 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
33,801
Households
15,739
Median HH income
$65,562
Renter share
26.7%
Median gross rent
$937
Vacancy
3.2%
Pop. change
+1.4%
2BR SAFMR
$1,340
SAFMR / rent
1.430×
2–49 unit stock
3,959
LIHTC proj / units
4 / 433
HUD assisted MF
6 / 76

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 14225 · NY — sent to you.

ZIP 14225 · NY

ACS median rent$937
2BR SAFMR$1,340
90% floor$1,206
110% ceiling$1,474

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

Housing stock

ACS 2023 units-in-structure · ZCTA 14225

  • 1-unit detached11,03067.9%
  • 1-unit attached3011.9%
  • 2–4 units3,50821.6%
  • 5–49 units4512.8%
  • 50+ units2311.4%
  • Mobile7324.5%
TypeUnitsShare
1-unit detached11,03067.9%
1-unit attached3011.9%
2 units (duplex)2,66916.4%
3–4 units8395.2%
5–9 units3091.9%
10–19 units130.1%
20–49 units1290.8%
50+ units2311.4%
Mobile7324.5%

2–4 unit share 21.6% · 5–49 unit share 2.8% · combined 2–49 24.4%.

Units by bedrooms

Studio
158
1BR
821
2BR
4,948
3BR
8,056
4BR
1,908
5+
362

Rent burden

Rent ≥30% of income46.9%
Rent ≥50% of income18.1%
  • ACS median gross rent $937 (all bedrooms, occupied rentals).
  • Median contract rent $790.
  • Renters paying ≥30% of income 46.9%; ≥50% 18.1%.
  • FY2027 2BR SAFMR $1,340 (1.430× ACS median gross rent).

Population

33,801 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.4%.

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

Assisted inventory

  • LIHTC: 4 projects, 433 units.
  • HUD project-based assisted MF: 6 properties, 76 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 14225 26.7% of occupied households are renters; vacancy is 3.2%; ACS median gross rent is $937; population increased +1.4% between the 2018 and 2023 ACS vintages; the housing stock includes 3,508 units in 2–4-unit structures and 451 units in 5–49-unit structures; 4 LIHTC projects totaling 433 units; FY2027 2BR SAFMR is $1,340 versus ACS median gross rent of $937. 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 14225 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 14225?

ZIP 14225 (Buffalo-Cheektowaga, NY MSA) has 33,801 residents, 15,739 households, a renter share of 26.7%, median household income of $65,562, and ACS 2023 median gross rent of $937. Vacancy is 3.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 14225?

ACS counts 2,669 units in 2-unit buildings, 839 in 3–4 unit buildings, 309 in 5–9, 13 in 10–19, and 129 in 20–49. Combined 2–49 unit stock is 3,959 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 14225?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,340. See the full schedule and 90–110% payment-standard band on the ZIP 14225 — Buffalo, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 14225 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.