Buffalo is one of the most affordable major cities in the Northeast, with Erie County posting one of New York State's highest property tax rates. The combination of low purchase prices and high tax rates produces moderate total monthly payments that remain accessible on local incomes.
Recommended for incomes above $60k/yr (28% DTI rule)
Buffalo housing market
The 2.65% property tax rate reflects the county-level effective rate for Buffalo and is used to calculate your monthly tax escrow above. This rate may differ from the statewide New York average — county-level data produces more accurate monthly payment estimates for Buffalo buyers. Many Buffalo properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.
Rate history
FAQ