Buffalo-Cheektowaga, NY · New York
Niagara County
ZIP 14105
211,341 residents243 permits TTM$67,809 median HHI20 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$177,400
ACS 5-Year
Cap rate proxy
9.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.4%
HUD FMR ÷ ACS HHI
Net migration
+1.26%
IRS SOI
Permits (TTM)
243
Census BPS
Climate risk
83.4
FEMA NRI (0–100)
ZIP 14105
Median home value
$204,707
Gross yield
6.3%
Cap rate
5.1%
Rent gap
18.7%
Affordability
P/I: 3.0R/I: —
Section 8 detail
SAFMR: $1,070Rent: $870Gap: 23.0%
ZIP code breakdown20 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 14303 | $101,819 | $1,130 | 13.3% | 10.3% | 23.0% |
| 14126 | $177,400county est. | $1,320 | 8.9% | 5.9% | 34.1% |
| 14109 | $177,400county est. | $1,270 | 8.6% | 5.9% | 31.5% |
| 14301 | $107,758 | $1,070 | 11.9% | 12.3% | -3.3% |
| 14305 | $142,246 | $1,230 | 10.4% | 9.1% | 11.9% |
Ranked by composite score
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Demographics
Owner-occupied
70.9%
Census ACS
Vacancy rate
8.8%
Census ACS
Bachelor's degree +
27.2%
Census ACS
Rent burdened
44.9%
Census ACS (>30% income)
Median age
43.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026