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Typical home value
$81K
MO $268K
Estimate
2-bedroom rent
$910
a month, utilities in · HUD
Median tax bill
$600
MO $1,948

What kind of housing town is Buffalo?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.3 years of income

Less than across Missouri (3.8 years). Try your own numbers below.

You could afford about
$100,000
Typical Buffalo home $81K

That covers a typical Buffalo home, with $19K to spare.

The typical home, each month
$470
Loan $400Tax $50Insurance $20

A two-bedroom rents for about $910 a month here, $440 more than owning.

Where your budget reaches nearby

How Buffalo ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Buffalo’s typical property tax (0.74% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $910

Renters already here pay a median of $768, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$690
2 bedrooms$910
3 bedrooms$1,250
4 bedrooms$1,450
52%
of households rent · MO 32%
213
renter households
69%
of renters spend 30%+ of income on rent · MO 46%
45%
of the median income, for a two-bedroom
$768
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Dunklin County, MO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

49% of Buffalo households own their home

Half of Buffalo’s homes were built before 1973.

Owners and renters
Own 49%Rent 52%

Missouri: 68% own.

1973
typical home built · MO 1978
$600
median property tax bill · MO $1,948
0.74%
of a home’s value, a year in tax · MO 0.85%
4%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Buffalo vs. its neighbors

Buffalo is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Buffalo$81K*—$910—$24,537
Salem$81K*—$890—$40,352
Arbyrd$60K−10.2%$8900$37,000

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Buffalo buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Buffalo still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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