Performance indicators for the Buffalo short-term rental market based on reliable data.
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The highest-performing listings in Buffalo.
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Challenging to Investors
Explicitly legal citywide but non-owner-occupied STRs are limited to a small set of commercial/mixed-use zones, while most residential districts are closed off; moderate fees ($150–$250 initial, $75–$150 annual) plus mandatory special use permits and enhanced safety/documentation raise compliance costs and complexity for investors.
Local STR Agent
STR specialist · Buffalo, NY
Buffalo, New York, is the second-largest city in the state, with a population of approximately 256,000 as of 2021. Located in Western New York, it sits on the eastern shore of Lake Erie, just 20 miles south of Niagara Falls and around 372 miles northwest of New York City. Its proximity to both the Canadian border and major highways makes it a convenient destination for travelers.
For short-term rental appeal, Buffalo offers a variety of attractions and landmarks that draw visitors year-round. Notably, its rich architectural heritage features works by Frank Lloyd Wright and influential buildings like the Buffalo City Hall Buffalo City Hall. The city is also home to the Albright-Knox Art Gallery Albright-Knox Art Gallery, which hosts an impressive collection of modern and contemporary art.
Buffalo's vibrant neighborhoods, such as the historic Allentown and the bustling Elmwood Village, provide diverse dining, shopping, and cultural experiences. The revitalized Canalside district along the waterfront offers outdoor activities, entertainment, and events that appeal to both families and solo travelers Canalside Buffalo.
Furthermore, sports enthusiasts often visit for games held at Highmark Stadium, home to the NFL's Buffalo Bills Highmark Stadium, and the KeyBank Center, which hosts the NHL's Buffalo Sabres KeyBank Center.
With its unique blend of historical charm, cultural richness, and outdoor activities, Buffalo presents an attractive option for short-term rentals, catering to a wide range of interests and needs for travelers.