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Niagara Falls city, NY

ZIP 14305 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 14305

Median Home Value
$109,200
Median Rent
$639
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$701/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 14305 in Niagara Falls city, NY, a household would need roughly $30,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $701. That sits below the local median household income ($49,588), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
60.9%-7% vs US avg
x
Vacancy Rate
13.1%+27% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
13.1%+2% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
33.0%-34% vs US avg
x
Mortgage-Free
50.3%+32% vs US avg
x
$109,200
Home Value
$639
Rent
1950
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.3%
  • 1-unit attached4.5%
  • 2-9 units21.7%
  • 10+ units4.5%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$109,200
Median rent$639
Owner-occupied60.9%
Vacant13.1%
Price-to-income2.2x
Est. income to buy$30,000