Syracuse, NY Rental Market Trends
What is the average rent in Syracuse?
The average rent for an apartment in Syracuse is $1,603. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Syracuse, NY
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,603 | 846 sq. ft. |
What is the average apartment size in Syracuse?
The average size for a Syracuse, NY apartment is 846 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Syracuse, NY apartment rent ranges
Syracuse, NY Occupied Housing Units
34,575 or 59% of the households in Syracuse, NY are renter-occupied while 23,849 or 41% are owner-occupied.
Syracuse, NY rent trends
Average Rent in Syracuse, NY By Neighborhood
| City | Average Rent |
|---|---|
| Near Eastside Syracuse | $2,401 |
| South Campus | $2,401 |
| University | $2,401 |
| University Hill | $2,401 |
| Westcott | $2,401 |
| Outer Comstock | $2,030 |
| Downtown Syracuse | $1,654 |
| Near Westside Syracuse | $1,644 |
| Skunk City | $1,629 |
| Westside Syracuse | $1,629 |
| Lakefront | $1,583 |
| Far Westside Syracuse | $1,571 |
| Southwest Syracuse | $1,562 |
| Strathmore | $1,367 |
| Salt Springs | $1,326 |
| Lincoln Hill | $1,205 |
| Near Northeast Syracuse | $1,205 |
| Sedgwick | $1,205 |
| Northside Syracuse | $1,197 |
| Meadowbrook | $1,196 |
| Brighton | $1,187 |
| North Valley | $1,187 |
| South Valley | $1,187 |
| Elmwood | $1,145 |
| Eastwood | $1,034 |
| Washington Square | $980 |
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What are the most affordable neighborhoods in Syracuse?
The most affordable neighborhoods in Syracuse are Washington Square, where the average rent goes for $980/month, Eastwood, where renters pay $1,034/mo on average, and Elmwood, where the average rent goes for $1,145/mo. If you’re looking for other great deals, check out the listings from Brighton ($1,187), North Valley ($1,187), and South Valley ($1,187), where the asking prices are below the average Syracuse rent of $1,603/mo.
What are the most expensive neighborhoods in Syracuse?
The most expensive neighborhoods in Syracuse are University ($2,401), University Hill ($2,401) and Westcott ($2,401).
What are the most popular neighborhoods in Syracuse?
The most popular neighborhood in Syracuse is Downtown Syracuse, where there are 2 listings with an average rent of $1,654. Next up is Westside Syracuse, where apartments go for $1,629/month, followed by Brighton with $1,187 If you’re looking to rent in Syracuse’s most popular neighborhoods, make sure to also check out Lakefront, where renters pay $1,583 on average, and Sedgwick, where the average monthly rent is $1,205.
Syracuse | Rent Comparison by Neighborhood
Rent in Brighton is 28% lower than in Downtown Syracuse
$1,187
Brighton rent is 26% lower than Syracuse average
Average Rent
$1,187
$1,654
Downtown Syracuse rent is 3% higher than Syracuse average
Average Rent
$1,654
How Syracuse Compares to Other Cities
What is the average price for a storage unit in Syracuse?
The average rent for a non-climate-controlled 10'x10' storage unit in Syracuse is $151. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Syracuse
Lifestyle Apartments At Syracuse
923 James Street, Syracuse, NY 13203| STUDIO | $1,000 |
| 1 BED | $1,000+ |
| 2 BEDS | N/A |
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166-168 Fernwood Ave.
166-168 Fernwood Ave., Syracuse, NY 13205| 2 BEDS | $650 |
5108 Athens Drive
5108 Athens Drive, Syracuse, NY 13201| 3 BEDS | $1,700 |
314 Wilkinson Street
314 Wilkinson Street, Syracuse, NY 13204| 3 BEDS | $2,100 |