Rent in Derby, NY
A 2-bedroom in Derby, NY (ZIP 14047) typically rents for about $1,197 a month, with a range of $1,083–$1,310. Owner-occupied homes in Erie County pay about 1.98% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,080 | $1,080–$1,178 | 1 |
| 1 bed | $1,110 | $1,110–$1,203 | 1 |
| 2 beds | $1,197 | $1,083–$1,310 | 1 |
| 3 beds | $1,590 | $1,590–$1,732 | 1 |
| 4 beds | $1,820 | $1,820–$1,977 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Derby ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Derby, NY?
- About $1,197 a month: the median of the typical rents in 1 ZIP code, which range from $1,083–$1,310. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Derby, NY?
- About $1,110 a month: the median of the typical rents in 1 ZIP code, which range from $1,110–$1,203. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Derby, NY?
- About $1,590 a month: the median of the typical rents in 1 ZIP code, which range from $1,590–$1,732. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Derby, NY?
- About $1,080 a month: the median of the typical rents in 1 ZIP code, which range from $1,080–$1,178. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Derby, NY?
- About $1,820 a month: the median of the typical rents in 1 ZIP code, which range from $1,820–$1,977. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Derby, NY?
- Owner-occupied homes in Erie County pay a typical 1.98% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Derby rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).