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Rapids, NY Home Values and Rents
The median home value in Rapids is $294,700, 475th highest of 837 cities and towns in New York.
- Median home value
- $294,700
- 475th of 837 in NY
- Price change, 1 year
- +6.6%
- County index, 2025
- Homeownership
- 90.0%
- NY: 54.3%
Home sale prices in the Buffalo-Cheektowaga, NY area
Zillow median sale price, Sep 2026
$307,253+7.8% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Niagara County home price trend
FHFA annual House Price Index for Niagara County, 2000 = 100, compared with New York
Show as a table
| Period | Niagara County |
|---|---|
| 2025 | 288 |
| 2024 | 270 |
| 2023 | 255 |
| 2022 | 234 |
| 2021 | 206 |
| 2020 | 181 |
| 2019 | 172 |
| 2018 | 163 |
| 2017 | 151 |
| 2016 | 144 |
| 2015 | 139 |
| 2014 | 135 |
| 2013 | 133 |
| 2012 | 130 |
| 2011 | 130 |
Over five years, Niagara County prices changed +59.2%, compared with +44.0% for New York.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Buffalo-Cheektowaga, NY MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,178 | +6.6% |
| 1 bedroom | $1,203 | +5.6% |
| 2 bedrooms | $1,423 | +6.0% |
| 3 bedrooms | $1,732 | +5.6% |
| 4 bedrooms | $1,977 | +5.8% |
Frequently asked questions
- What is the median home value in Rapids, NY?
- The median home value in Rapids is $294,700, based on the American Community Survey 2020-2024 5-year estimates. The New York median is $423,800.
- Are home prices going up in Rapids?
- Home prices in Niagara County changed +6.6% over one year and +59.2% over five years, as of 2025.
- How does Rapids compare with the rest of New York?
- Rapids has the 475th highest median home value of 837 cities and towns with 1,000+ residents in New York.