City/Buffalo Homes under $400,000

City/Buffalo Homes under $400,000

Welcome to the vibrant and historic city of Buffalo, New York, where charm meets modern living in one of the most exciting real estate markets in Erie County. Nestled along the shores of Lake Erie, Buffalo is known for its rich architectural heritage, cultural diversity, and a community spirit that welcomes newcomers with open arms.

For homebuyers seeking affordability without sacrificing quality, Buffalo offers a fantastic selection of homes priced under $400,000. This price range opens the door to a variety of options, from beautifully restored Victorian houses to contemporary townhomes and cozy bungalows, all reflecting the city’s unique character. With ample square footage and plenty of outdoor space, these homes are perfect for families, first-time buyers, or anyone looking to invest in a thriving community.

Living in Buffalo means enjoying a wealth of amenities right at your doorstep. The city boasts a dynamic arts scene, delicious culinary offerings, and numerous parks and recreational areas, perfect for outdoor enthusiasts. The revitalized waterfront is a hub of activity, featuring scenic walking paths, dining options, and seasonal events that bring the community together.

Buffalo's real estate market is not only affordable but also offers a promising investment potential, making it an ideal location for homebuyers looking to establish roots in a city that is on the rise. Explore the charm of Buffalo today and discover the perfect home that fits your lifestyle and budget! With homes under $400,000, your dream of homeownership is closer than you think!

Newest City/Buffalo Homes under $400,000

65 California Street, Buffalo
$239,900
3 Beds ⋅ 2 Baths ⋅ B1712142 MLS
Fully updated and move-in ready, this single-family home offers comfort with the added peace of mind of newer mechanicals. Set on a corner lot, the property features a spacious backyard and deck with plenty of room to relax, entertain, and enjoy the outdoors. A generously sized garage provides the space needed for convenient parking, hobbies or extra storage. Don't miss it!

65 California Street, Buffalo
195 Hoyt Street, Buffalo
$295,000
3 Beds ⋅ 2 Baths ⋅ B1717876 MLS
Come home to this warm and welcoming Victorian charmer. Lovingly cared for by the same owner for 18 years, 195 Hoyt Street is the house you’ve been looking for! Nestled in the heart of Buffalo’s Upper-West Side, you’ll be within short distance of The Elmwood Village; Bidwell Park and Delaware Park; Buffalo State University; and countless restaurants and local shops. Home improvement’s in the past 10 years include: Full tear-off roof 2018; energy efficient furnace 2018; finished attic with heating and cooling 2018; hot water heater; Sliding glass door to back yard with wooden deck 2020; Fresh interior coat of paint top to bottom 2026; updated half bath 2026. Other features include; original oak floor on first level, oak paneling in front hall and main stare case; gorgeous and unique woodwork; Large fully-fenced back yard; Full basement; Second floor laundry; Perennial pollinator garden with a variety of native plants; Quiet street with friendly neighbors. Note: listed square feet of 1,727 not reflected in tax records. Tax records state 1848 square feet. The 4th bedroom was removed, subtracting 121sq.ft.

195 Hoyt Street, Buffalo
49 Massachusetts Avenue, Buffalo
$279,900
3 Beds ⋅ 2 Baths ⋅ B1717409 MLS
MUST SEE!!! SPACIOUS & beautifully appointed traditional Colonial; completely renovated, move-in ready & mere steps from the picturesque Niagara River and the attractions of Canalside and Downtown Buffalo. This open-concept, captivating home has an abundance of natural light with modern & elegant updates throughout and peacefully rests on a quiet street for refreshing morning strolls. Take your first steps through the front door into the generous living room featuring recessed lighting, crown molding, and original Oak hardwood floors flowing throughout opening into the formal dining room with a charming electric fireplace with brick surround, perfect for cozying up next to with a warm cup of coffee on brisk fall mornings. The kitchen has been attractively remodeled w/hardwood soft-close cabinetry, distinctive Quartz counters, LVP flooring, and honeycomb style backsplash while the full bathroom downstairs has tile flooring, a glass-enclosed tile surround shower with custom niche accent and rain shower head. Enjoy the three generous bedrooms and 2nd full bath upstairs, also with tile flooring and low-step entry, tile surround shower. Full walk-up attic with a finished room could be a potential 4th bedroom and makes for ample storage & ease of living. Impeccably kept w/luxurious finishes, this desirable home has remarkable updates including arch. shingle roof, gutters, windows, wood privacy fence, paint & landscaping all in 2026, Rheem HWT 2018, as well as updates to the electrical with low taxes & close to all conveniences! Showings start 9/30/2026. Open House Friday, October 2nd from 4:00-6:00 pm.

49 Massachusetts Avenue, Buffalo
2 St Louis Place, Buffalo
$150,000
5 Beds ⋅ B1715811 MLS
Seller will entertain offers between $150,000 and $250,000 Value Range Pricing. Exceptional redevelopment opportunity in Buffalo's Historic Allentown District. The City of Buffalo is seeking qualified developers for the acquisition and rehabilitation of 2 St. Louis Place, a three-story Italianate brick building constructed in 1900 with 5 existing residential units. Zoned N-2R and located near Virginia, Franklin and Main Streets, the property is intended for rehabilitation as a mix of market-rate and workforce housing while preserving its historic character. Property is offered AS IS, WHERE IS, WITH ALL FAULTS. Sale is through a City of Buffalo RFP process and is subject to Appraisal, City review and Common Council approval. Please review attached RFP for additional information. Proposals are due October 14, 2026 at 4:00 PM.

2 St Louis Place, Buffalo
353 Lakefront Boulevard, Buffalo
$399,900
2 Beds ⋅ 3 Baths ⋅ B1713554 MLS
Stunning townhome in Lakefront Commons with NO HOA FEES! Showings begin immediately, don't miss on your opportunity to be part of Buffalo's Waterfront! Open concept main floor has sunken living room with a gas fireplace, sliding doors to front deck with awning. Neutral kitchen with butcher block island and stainless steel appliances. Spacious dining area for entertaining and half bath for guests. Guest bedroom features sliding glass doors to deck. Primary bedroom has en-suite and walk in closet. Ground level attached garage and laundry area with California closet built in storage. Updates include new roof and windows 2017, new flooring in 2020. This one won't last! Also listed as Condo MLS [B1713514] and Rental [B1713541]

353 Lakefront Boulevard, Buffalo
144 Hertel Avenue, Buffalo
$175,000
2 Beds ⋅ 1 Baths ⋅ B1711790 MLS
This newly constructed home features 2 bedrooms, 1 bath, and brand-new appliances—perfect for first-time buyers or those continuing their homeownership journey. Thoughtfully designed for modern living, the home offers comfort, efficiency, and a functional one-story layout. Located on a neighborhood street with convenient access to public transportation, this property provides both accessibility and a strong sense of community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements including a gross household income of $81,960 or less, and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of $175,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a $175,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC), to build new homes on vacant lots – expanding homeownership opportunities & strengthening neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

144 Hertel Avenue, Buffalo
911 Columbus Parkway, Buffalo
$175,000
2 Beds ⋅ 1 Baths ⋅ B1711833 MLS
This newly constructed home features 2 bedrooms, 1 bath, and brand-new appliances—perfect for first-timebuyers or those continuing their homeownership journey. Thoughtfully designed for modern living, the home offers comfort, efficiency, and a functional one-story layout. Located on a neighborhood street with convenient access to public transportation, this property provides both accessibility and a strong sense of community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements including a gross household income of $81,960 or less, and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of$175,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a$175,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC), to build new homes on vacant lots – expanding homeownership opportunities & strengthening neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

911 Columbus Parkway, Buffalo
383 14th Street, Buffalo
$175,000
2 Beds ⋅ 1 Baths ⋅ B1711837 MLS
This newly constructed home features 2 bedrooms, 1 bath, and brand-new appliances—perfect for first-timebuyers or those continuing their homeownership journey. Thoughtfully designed for modern living, the home offers comfort, efficiency, and a functional one-story layout. Located on a neighborhood street with convenient access to public transportation, this property provides both accessibility and a strong sense of community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements including a gross household income of $81,960 or less, and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of$175,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a$175,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC), to build new homes on vacant lots – expanding homeownership opportunities & strengthening neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

383 14th Street, Buffalo
873 Prospect Avenue, Buffalo
$205,000
3 Beds ⋅ 2 Baths ⋅ B1711843 MLS
This newly constructed home features 3 bedrooms, 1.5 baths, and brand-new appliances—perfect for first-time buyers or those continuing their homeownership journey. Thoughtfully designed for modern living, the home offers comfort, efficiency, and a functional two-story layout. Located on a neighborhood street with convenient access to public transportation, this property provides both accessibility and a strong sense of community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements including a gross household income of $81,960 or less, and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of $205,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a $205,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC), to build new homes on vacant lots – expanding homeownership opportunities & strengthening neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

873 Prospect Avenue, Buffalo
226 Maryland Street, Buffalo
$175,000
2 Beds ⋅ 1 Baths ⋅ B1711839 MLS
New construction currently under way! This thoughtfully designed one-story home will feature 2 bedrooms, 1 baths, and brand-new appliances. Completion is anticipated in October 9, 2026, offering a future homeowner the opportunity to purchase a newly built home in Buffalo. Buyers can tour 383 14th Street to preview the home. The differences between the properties include exterior color and interior colors/finishes. Located on a neighborhood street with convenient access to public transportation, the property offers functional living space and access to the surrounding community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements, including a gross household income of $81,960 or less and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of $175,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits the required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a $175,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC) to build new homes on vacant lots, expand homeownership opportunities, and strengthen neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

226 Maryland Street, Buffalo
242 Rhode Island Street, Buffalo
$205,000
3 Beds ⋅ 2 Baths ⋅ B1711881 MLS
New construction currently under way! This thoughtfully designed two-story home will feature 3 bedrooms, 1.5 baths, and brand-new appliances. Completion is anticipated in October 9, 2026, offering a future homeowner the opportunity to purchase a newly built home in Buffalo. Buyers can tour 766, 764, and 762 E. Amherst Street to preview the homes. The differences between the properties include exterior color and interior colors/finishes. Located on a neighborhood street with convenient access to public transportation, the property offers functional living space and access to the surrounding community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements, including a gross household income of $81,960 or less and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of $205,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits the required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a $205,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC) to build new homes on vacant lots, expand homeownership opportunities, and strengthen neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

242 Rhode Island Street, Buffalo
238 Rhode Island Street, Buffalo
$205,000
3 Beds ⋅ 2 Baths ⋅ B1711891 MLS
New construction currently under way! This thoughtfully designed two-story home will feature 3 bedrooms, 1.5 baths, and brand-new appliances. Completion is anticipated in October 9, 2026, offering a future homeowner the opportunity to purchase a newly built home in Buffalo. Buyers can tour 766, 764, and 762 E. Amherst Street to preview the homes. The differences between the properties include exterior color and interior colors/finishes. Located on a neighborhood street with convenient access to public transportation, the property offers functional living space and access to the surrounding community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements, including a gross household income of $81,960 or less and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of $205,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits the required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a $205,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC) to build new homes on vacant lots, expand homeownership opportunities, and strengthen neighborhoods. DELAYED SHOWINGS: Showings begin Sept. 12, 2026 at 11 AM. Applications/offers begin Sept. 12, 2026 at 2 PM.

238 Rhode Island Street, Buffalo
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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.