In Tonawanda Town, a typical home is worth $215,200 and typical rent is $1,102 a month. Compared with all of Erie County, the typical home value is 8% lower, typical household income is 7% higher, and the share of households that own their home is 7 points higher.
Tonawanda Town is in Erie County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Erie County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Tonawanda, the typical rent is $835: 24% less than in Tonawanda Town ($1,102).
2
Nearby, in Tonawanda, the typical home value is $173,600: 19% less than in Tonawanda Town ($215,200).
3
73% of households in Tonawanda Town own their home, against 66% in Erie County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Tonawanda Town
What homes there are in Tonawanda Town, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Tonawanda Town
Erie County
New York
United States
Kind of home: Tonawanda Town and its comparisons
Measure
Tonawanda Town
Erie County
New York
United States
Detached house
71%
59%
41%
61%
Attached house
1%
3%
6%
6%
Building of 2 to 4
13%
23%
17%
8%
Apartments (5 or more)
14%
13%
35%
19%
Mobile home
Unreliable estimate
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 71% of homes here, against 59% in Erie County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Tonawanda Town
Erie County
New York
United States
Year built: Tonawanda Town and its comparisons
Measure
Tonawanda Town
Erie County
New York
United States
Before 1960
72%
55%
52%
26%
1960–1979
19%
22%
22%
24%
1980–1999
5%
13%
14%
25%
2000–2009
2%
5%
6%
14%
2010 or later
2%
5%
6%
11%
In Tonawanda Town, half of the homes were built before 1955; in Erie County, before 1957.
In Tonawanda Town, 68% of homes have 3 bedrooms or more, more than in Erie County (64%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K6%
$100K–$200K35%
$200K–$300K44%
$300K–$500K13%
$500K–$750K1%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Tonawanda Town and its comparisons
Measure
Tonawanda Town
Under $100K
6%
$100K–$200K
35%
$200K–$300K
44%
$300K–$500K
13%
$500K–$750K
1%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
About 98% of owner-occupied homes in Tonawanda Town are worth less than the FHA loan limit for Erie County ($541,287).
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5006%
$500–$99930%
$1,000–$1,49950%
HUD fair market rent, 2 bedrooms: $1,423
$1,500–$1,99912%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Tonawanda Town and its comparisons
Measure
Tonawanda Town
Under $500
6%
$500–$999
30%
$1,000–$1,499
50%
$1,500–$1,999
12%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
About 78% of rented homes in Tonawanda Town cost less than HUD's 2-bedroom fair market rent for Erie County ($1,423).
With a mortgage
$1,488 a month
Erie County: $1,619 a month
Without a mortgage
$663 a month
Erie County: $661 a month
Owners with a mortgage
60%
Erie County: 57%
The typical cost for an owner with a mortgage in Tonawanda Town is $1,488 a month, less than in Erie County ($1,619); without one, $663.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Tonawanda TownBoundaries changed
Erie County+52%
New York+35%
United States+53%
Typical rent
Tonawanda TownBoundaries changed
Erie County+32%
New York+27%
United States+33%
Typical household income
Tonawanda TownBoundaries changed
Erie County+25%
New York+26%
United States+29%
Change since 2015–2019: Tonawanda Town and its comparisons
Measure
Tonawanda Town
Erie County
New York
United States
Typical home value
Boundaries changed
+52%
+35%
+53%
Typical rent
Boundaries changed
+32%
+27%
+33%
Typical household income
Boundaries changed
+25%
+26%
+29%
Tonawanda Town does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Erie County the typical home value rose 52%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Tonawanda Town and its comparisons
Measure
Tonawanda Town
Erie County
New York
United States
Rental vacancy
Unreliable estimate
3.8%
3.8%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.1%
0.9%
More than one person per room
Unreliable estimate
1.3%
5.3%
3.4%
People per household
2.09
2.26
2.49
2.53
Drive alone
72%
72%
49%
69%
Carpool
10%
8%
6%
9%
Public transit
2%
3%
22%
3%
Walk or bike
2%
3%
6%
3%
Work from home
14%
13%
15%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
On average, a household in Tonawanda Town has 2.09 people, fewer than in Erie County (2.26).
To get to work, 72% of workers in Tonawanda Town drive alone; in Erie County, 72%.
Do the math
What would you pay each month for a home in Tonawanda Town?
A typical home is tight for the typical income
We start with a typical home in Tonawanda Town, worth $215,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Tonawanda Town, which is $77,679 a year. For that payment to be 28% of income, a household would need to earn about $84,948 a year.
The calculator's FHA and conventional loan limits are those of all of Erie County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Tonawanda Town. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,532 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,982
at 7.18% · 30 years
Loan amount
$211,302
Total interest
$304,014
Paid off in
November 2056
Includes $3,634 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,813 a month
Tight
$1,813 to $2,330 a month
Your payment · 31%
Hard
more than $2,330 a month
Compared with the typical household income in Tonawanda Town ($77,679 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,431
Property tax
$366
Home insurance
$90
FHA mortgage insurance (MIP)
$95
You need at least $7,532 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,982; principal and interest $1,431.
The city and its county
Tonawanda Town and Erie County
Tonawanda Town is in Erie County, New York. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Tonawanda Town
Map of Erie County, New York, with Tonawanda Town marked. Around it, the neighboring counties.
Tonawanda Town
Erie County
Other cities with a page
Tonawanda Town's own numbers
Typical home value
$215,200
Typical monthly rent
$1,102
Typical yearly household income
$77,679
Households that own their home
73%
Effective property tax rate
2.04%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Erie County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,423
Price change over 5 years (FHFA)
+58%
Homes in a high flood-risk zone
1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Erie County.
A typical home in Tonawanda Town is worth $215,200: 8% below the county and 49% below New York. With the typical household income in Tonawanda Town ($77,679 a year), a typical home costs 2.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Tonawanda Town2.8 years
Erie3.2 years
New York4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Erie County
According to FHFA’s house price index, home prices in Erie County rose 104% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Erie County.
Yearly change in FHFA’s price index in Erie County, 2016 to 2025
2016: +4.5% +4.5% 2016
2017: +5.7% +5.7% 2017
2018: +6.6% +6.6% 2018
2019: +4.8% +4.8% 2019
2020: +5.1% +5.1% 2020
2021: +12.3% +12.3% 2021
2022: +14.5% +14.5% 2022
2023: +8.6% +8.6% 2023
2024: +6.2% +6.2% 2024
2025: +6.2% +6.2% 2025
Change in FHFA’s price index in Erie County, New York and the United States
Period
County
New York
U.S.
Last year (2025)
+6.2%
+6.0%
+2.9%
5 years (2020–2025)
+58%
+52%
+47%
10 years (2015–2025)
+104%
+86%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Tonawanda Town next to Erie County, New York and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Tonawanda Town$215,200
Erie$233,800
New York$423,800
United States$332,700
Typical monthly rent
Tonawanda Town$1,102
Erie$1,090
New York$1,621
United States$1,413
Typical yearly household income
Tonawanda Town$77,679
Erie$72,839
New York$85,974
United States$80,734
See the full table
Tonawanda Town next to Erie County and New York
Measure
Tonawanda Town
Erie County
New York
U.S.
Typical home value
$215,200 ▼8% below the county
$233,800
$423,800
$332,700
Typical monthly rent
$1,102
$1,090
$1,621
$1,413
Typical yearly household income
$77,679 ▲7% above the county
$72,839
$85,974
$80,734
Households that own their home
73% ▲7 points above the county
66%
54%
65%
Typical yearly property tax
$4,380 ▼5% below the county
$4,622
$6,582
$3,119
Effective property tax rate
2.04% ▲0.06 points above the county
1.98%
1.55%
0.94%
Renters with high rent for their income
52% ▲1 points above the county
50%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Erie County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Tonawanda Town
For a typical $215,200 home in Tonawanda Town, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Tonawanda Town's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,982a month
Least cash to close
Down payment
$7,532
Cash to close
$13,988
Rate
7.18%
Mortgage insurance
FHA MIP · $95
Conventional, 5% down$1,943a month
Down payment
$10,760
Cash to close
$17,216
Rate
7.18%
Mortgage insurance
PMI · $102
Conventional, 20% down, no PMI$1,622a month
Down payment
$43,040
Cash to close
$49,496
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,821a month
Down payment
$32,280
Cash to close
$38,736
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Tonawanda Town
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,982
$7,532
$211,302
7.18%
FHA MIP · $95
$13,988
580
Conventional, 5% down
$1,943
$10,760
$204,440
7.18%
PMI · $102
$17,216
620*
Conventional, 20% down, no PMI
$1,622
$43,040
$172,160
7.18%
None
$49,496
620*
ITIN, 15% down (example)
$1,821
$32,280
$182,920
8.18%
None
$38,736
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Tonawanda Town is $1,102 a month: about the same as the county. In Tonawanda Town, 52% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Erie County, by unit size. To pay the 2-bedroom one ($1,423 a month) without spending more than 30% of your income, you would need to earn $27.37 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Erie County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,178
$22.65
$47,120
1 bedroom
$1,203
$23.13
$48,120
2 bedrooms
$1,423
$27.37
$56,920
3 bedrooms
$1,732
$33.31
$69,280
4 bedrooms
$1,977
$38.02
$79,080
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Tonawanda Town
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Tonawanda Town has 3 ZIP codes with their own.
For 2 bedrooms it runs from $1,320 in 14223 to $1,520 in 14150.
1 of the 3 is above the fair market rent for Erie County ($1,423).
2-bedroom fair market rent in each of the 3 ZIP codes of Tonawanda Town, beside the one for Erie County. For 2 bedrooms it runs from $1,320 in 14223 to $1,520 in 14150. 1 of the 3 is above the fair market rent for Erie County ($1,423).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,423
Lowest: $1,320 (14223)Highest: $1,520 (14150)
Fair market rent by ZIP code and size in Tonawanda Town, fiscal year 2027.
14150
$1,260
$1,280
$1,520
$1,850
$2,110
14217
$1,140
$1,170
$1,380
$1,680
$1,920
14223
$1,090
$1,120
$1,320
$1,610
$1,830
ZIP code2 bd3 bd
14150 $1,520$1,850
14217 $1,380$1,680
14223 $1,320$1,610
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Tonawanda Town when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 5 HUD-approved agencies with an office in Erie County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Tonawanda Town or Erie County. The ones below are statewide in New York: they work in Tonawanda Town the same as in the rest of the state.
SONYMA second loan with no interest, forgiven after ten years, for the down payment with a SONYMA mortgage in New York.Offered by State of New York Mortgage Agency (SONYMA).
SONYMA mortgage at a very low fixed rate for low-income first-time buyers in New York, with a minimal down payment.Offered by State of New York Mortgage Agency (SONYMA).
The HUD-approved agencies closest to the center of Tonawanda Town, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
BH
Belmont Housing Resources for Wny, Incorporated
2393 Main St, Buffalo · 4 miles away · Spanish
Also serves in American Sign Language (ASL), German, and Russian.
No legal help resource on our list is for Tonawanda Town or Erie County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Tonawanda Town and all of Erie County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Tonawanda Town?
The typical home value in Tonawanda Town is $215,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Erie County it is $233,800.
How much does it cost to rent in Tonawanda Town?
Typical rent in Tonawanda Town is $1,102 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Erie County is $1,423.
What is the FHA loan limit in Tonawanda Town?
Tonawanda Town uses the FHA limit for all of Erie County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Tonawanda Town?
The typical homeowner in Tonawanda Town pays $4,380 a year, according to the U.S. Census Bureau. That is 2.04% of the home’s value; in Erie County, the rate is 1.98%.
Where can I find free help to buy or rent in Tonawanda Town?
There are 5 HUD-approved counseling agencies with an office in Erie County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
