The average monthly rent of apartments in Syracuse, NY is $1,399.
The average monthly rent of apartments in Syracuse, NY is $1,399.
About 43% of apartment rents in Syracuse, NY range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 14% of apartments. Around 26% of Syracuse’s apartments are in the $701-$1,000 price range. 5% of apartments are priced between $501-$700.
Compared to the national average rent of $1,727, the average rent in Syracuse, NY is $1,399.
Prices and availability in Syracuse, NY were last updated on 8 Feb 2023.
The average rent in Syracuse, NY is $1,399. Start your search for apartments in Syracuse, NY now.
The price range for a 1-bedroom apartment in Syracuse, NY is between $625 and $750. Browse all available 1-bedroom apartments in Syracuse, NY now.
The price range for a 2-bedroom apartment in Syracuse, NY is between $625 and $1,000. Browse and find a 2-bedroom apartment in Syracuse, NY.
The price range for a 3-bedroom apartment in Syracuse, NY is between $1,100 and $2,100. Browse all available 3-bedroom apartments in Syracuse, NY.
In Syracuse 61% of the housing is rented out compared to 39% of homes are owned, according to the most recent Census Bureau estimates. 19% of Syracuse’s apartments are found in large buildings of 50 units or more, 67% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Syracuse are about 48 years old, on average. Of these, 19% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 7 stories. About 52% of the rental communities here are low-rise, garden-style communities, 32% are mid-rises, and 16% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Syracuse are around 6% of rentals, while 1-bedroom floor plans represent 45% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 39% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Considered part of Central New York State, Syracuse is a lovely and picturesque town on the banks of Onondaga Lake. As a small town, it’s well known for being an important part of the educational draw to New York since quite a few universities make their homes there, including Syracuse University, SUNY (State University of New York) and Le Moyne College. The area itself is a good mix of urban amenities and suburban development with tree-lined streets and dense forestry that encompass the public parks. Museums and performing arts are popular for renters in Syracuse to experience. The Erie Canal Museum, the Museum of Science and Technology and the Everson Museum of Art, designed by famed architect I.M. Pei, are all popular attractions. Those living in rental apartments near Onondaga Lake Park can enjoy water recreational activities like kayaking, a walking trail, athletic fields and a boat launch.
A little more than half of the people who live in Syracuse rent their apartments. That means there are plenty of nice rental units for those who live in the area to rent from. The style of apartment buildings around town are mostly brick, very historical looking, and offer a slew of modern amenities, like fitness centers, clubhouses and walking trails for dogs. For renters who like to live in a walkable neighborhood, the best areas are Northside, Southside and downtown. The downtown area is the most walkable with access to coffee shops, restaurants, retail stores and grocery shopping right along many apartments for rent in Syracuse. Renters can also choose from some high-rise style condo apartments in this area, as well.
Syracuse, NY has a population of 142,553 according to the most recent data from the U.S. Census Bureau. 74,522 of Syracuse’s residents are women and 68,031 are men. The median age of those who live in Syracuse, NY is 31.7.
Shopping is a very popular indoor activity for renters in Syracuse, especially during the cold winters. There are two traditional indoor malls in town: the Marshall Square Mall located by Syracuse University, and the Syracuse Mall. Both have an abundance of shops, including Macy’s, Dick’s Sporting Goods and a Regal movie theater. For a more exciting mall experience, there is also Destiny USA, which has around 250 shops, restaurants and a food court and is a massive attraction. In grocery shopping for weekly trips, renters usually head to Trader Joe’s, Price Rite Marketplace of Syracuse and Price Chopper. In big box stores, there is a Walmart Supercenter that’s right off of Interstate 690 that runs through the middle of town.
According to U.S. Census data, there are 56,384 households in Syracuse, NY. 27,836 are family households and 28,548 are non-family households. There are 14,372 households with children in Syracuse and 42,012 households without children. On average, about 2.25 people live in a household in Syracuse, NY.
For renters who commute into downtown Syracuse, the ride couldn’t be easier. The interstates that run through Syracuse include 81, 90, 690, and 481, making it a breeze to get around town with a car. As for public transportation for renters in Syracuse, the options include a bus system run by the Central New York Regional Transportation Authority. Centro also operates a local bus service that goes all around the suburban areas for renters who live there. Amtrak has a train service that goes from Syracuse into New York City, Niagara Falls, Buffalo, Utica and Albany, the capital of New York. For air travel, renters usually go through the Syracuse Hancock International Airport, which is about 10 minutes away from the city center.
The level of education of the population of Syracuse, NY is as follows: 5% have no high school education, 37% completed some high school, 23% partially completed college, 9% have an Associate Degree, 15% have a Bachelor Degree, and 11% have a Graduate Degree.
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