HousingHandbookReference data

U.S. ZIP Code · NY14215

Erie County · Buffalo-Cheektowaga, NY

Typical home value

$146,312[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+5.7%
10-year / yr
+10.0%

Relative price

vs U.S.
-48.5%
vs metro
-46.1%
vs state
-54.1%
ZIP 14215 location in NY
Location of ZIP 14215 in NY

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 14215 is worth $146,312 — 46.1% below the Buffalo-Cheektowaga, NY median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,188 a month — a 9.7% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,188[2]
Gross yield
9.7%[2]
Cap rate
5.8%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$1,677[3]

#Climate risk

FEMA National Risk Index ratings for Erie County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
42,524[3]
Median household income
$44,955[3]

#Migration

Household moves in and out of Erie County over a year, from IRS tax-return data.

Net migration
-2,722[5]
Moved in
11,871
Moved out
14,593

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
8
Elementary
5
Middle
0
High
2
  • FREDERICK OLMSTED #156

    High · Grades 5–12 · BUFFALO CITY SCHOOL DISTRICT

    922 students

  • DR A PANTOJA COMM SCH EXCLLNCE -#18

    Elementary · Grades PK–8 · BUFFALO CITY SCHOOL DISTRICT

    449 students

  • WESTMINSTER COMMUNITY CHARTER SCHOOL

    Elementary · Grades K–8 · WESTMINSTER COMMUNITY CHARTER SCHOOL

    425 students

  • MATH SCIENCE TECHNOLOGY PREPARATORY SCHOOL AT 197

    High · Grades 9–12 · BUFFALO CITY SCHOOL DISTRICT

    389 students

  • HIGHGATE HEIGHTS

    Elementary · Grades PK–8 · BUFFALO CITY SCHOOL DISTRICT

    384 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield9.7%
Net yield (after ~40% expenses)5.8%
Annual rent$14,260

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$740
Loan principal$117,049
Down payment$29,262
Total interest paid$149,290

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.84
Monthly cost to own$1,002
Monthly rent$1,188

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
25th percentile[1]
Rental yield
86th percentile[2]
Property tax
19th percentile[3]

Frequently asked

How much is a home worth in ZIP code 14215?
The typical home in 14215 is worth $146,312, based on the Zillow Home Value Index.
Are home values rising in 14215?
Home values in 14215 are up 2.5% over the past year, and up 5.7% a year over five years.
What is the typical rent in 14215?
A typical home in 14215 rents for about $1,188 a month, a gross rental yield of 9.7%.
What is the property tax rate in 14215?
The effective property tax rate in 14215 is 1.1% — roughly $1,677 a year on a typical home.
Who lives in 14215?
ZIP code 14215 has a population of 42,524 and a median household income of $44,955.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Niagara Falls, NY

    Typical home
    $149,035
    Gross yield
  • Buffalo, NY

    Typical home
    $141,390
    Gross yield
    11.5%
  • Buffalo, NY

    Typical home
    $155,087
    Gross yield
  • Buffalo, NY

    Typical home
    $157,873
    Gross yield
    9.6%
  • Buffalo, NY

    Typical home
    $173,615
    Gross yield
    7.1%
  • Buffalo, NY

    Typical home
    $118,227
    Gross yield
    12.2%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 14215 against any other ZIP — full side-by-side table.

Compare 14215

#Jump to section