Housing market/New York/ZIP 14214

ACS 2023 · FY2027 SAFMR

ZIP 14214 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
21,162
Households
8,422
Median HH income
$56,573
Renter share
57.3%
Median gross rent
$1,072
Vacancy
9.3%
Pop. change
+7.0%
2BR SAFMR
$1,520
SAFMR / rent
1.418×
2–49 unit stock
4,766
LIHTC proj / units
3 / 181
HUD assisted MF
1 / 39

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 14214 · NY — sent to you.

ZIP 14214 · NY

ACS median rent$1,072
2BR SAFMR$1,520
90% floor$1,368
110% ceiling$1,672

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

Housing stock

ACS 2023 units-in-structure · ZCTA 14214

  • 1-unit detached3,55738.3%
  • 1-unit attached1401.5%
  • 2–4 units3,86141.6%
  • 5–49 units9059.8%
  • 50+ units7978.6%
  • Mobile200.2%
TypeUnitsShare
1-unit detached3,55738.3%
1-unit attached1401.5%
2 units (duplex)3,47537.4%
3–4 units3864.2%
5–9 units3473.7%
10–19 units1211.3%
20–49 units4374.7%
50+ units7978.6%
Mobile200.2%

2–4 unit share 41.6% · 5–49 unit share 9.8% · combined 2–49 51.4%.

Units by bedrooms

Studio
379
1BR
1,073
2BR
1,654
3BR
3,962
4BR
1,532
5+
680

Rent burden

Rent ≥30% of income50.6%
Rent ≥50% of income37.1%
  • ACS median gross rent $1,072 (all bedrooms, occupied rentals).
  • Median contract rent $895.
  • Renters paying ≥30% of income 50.6%; ≥50% 37.1%.
  • FY2027 2BR SAFMR $1,520 (1.418× ACS median gross rent).

Population

21,162 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.0%.

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

Assisted inventory

  • LIHTC: 3 projects, 181 units.
  • HUD project-based assisted MF: 1 properties, 39 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 14214 57.3% of occupied households are renters; vacancy is 9.3%; ACS median gross rent is $1,072; population increased +7.0% between the 2018 and 2023 ACS vintages; the housing stock includes 3,861 units in 2–4-unit structures and 905 units in 5–49-unit structures; 3 LIHTC projects totaling 181 units; FY2027 2BR SAFMR is $1,520 versus ACS median gross rent of $1,072. 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 14214 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 14214?

ZIP 14214 (Buffalo-Cheektowaga, NY MSA) has 21,162 residents, 8,422 households, a renter share of 57.3%, median household income of $56,573, and ACS 2023 median gross rent of $1,072. Vacancy is 9.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 14214?

ACS counts 3,475 units in 2-unit buildings, 386 in 3–4 unit buildings, 347 in 5–9, 121 in 10–19, and 437 in 20–49. Combined 2–49 unit stock is 4,766 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 14214?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,520. See the full schedule and 90–110% payment-standard band on the ZIP 14214 — Buffalo, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 14214 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.