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Rent in Tonawanda, NY

Across Tonawanda's 2 ZIP codes, a 2-bedroom typically rents for about $1,398 a month, with figures from $1,150–$1,520. The highest typical rent is in 14151 ($1,460) and the lowest in 14150 ($1,335). 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

Typical monthly rent in Tonawanda, NY by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,142$888–$1,2602
1 bed$1,202$1,066–$1,2802
2 beds$1,398$1,150–$1,5202
3 beds$1,640$1,149–$1,8502
4 beds$1,951$1,634–$2,1102

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).

Tonawanda ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Tonawanda, NY?
About $1,398 a month: the median of the typical rents in 2 ZIP codes, which range from $1,150–$1,520. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Tonawanda, NY?
About $1,202 a month: the median of the typical rents in 2 ZIP codes, which range from $1,066–$1,280. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Tonawanda, NY?
About $1,640 a month: the median of the typical rents in 2 ZIP codes, which range from $1,149–$1,850. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Tonawanda, NY?
About $1,142 a month: the median of the typical rents in 2 ZIP codes, which range from $888–$1,260. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Tonawanda, NY?
About $1,951 a month: the median of the typical rents in 2 ZIP codes, which range from $1,634–$2,110. Figures are gross rent (rent plus tenant-paid utilities).
Which Tonawanda ZIP code has the highest rent?
For a 2-bedroom, 14151 has the highest typical rent at $1,460 a month, and 14150 the lowest at $1,335.
What is the property tax rate in Tonawanda, 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 Tonawanda 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).