Syracuse, NY Rental Market Trends
What is the average rent in Syracuse?
The average rent for an apartment in Syracuse is $1,399. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Syracuse, NY
| Average Rent | Average Apartment Size |
|---|---|
| $1,399 | 831 sq. ft. |
What is the average apartment size in Syracuse?
The average size for a Syracuse, NY apartment is 831 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
34,539 or 60% of the households in Syracuse, NY are renter-occupied while 22,614 or 40% are owner-occupied.
Syracuse, NY rent trends
Average Rent in Syracuse, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Near Eastside Syracuse | $1,920 |
| South Campus | $1,920 |
| University | $1,920 |
| University Hill | $1,920 |
| Westcott | $1,920 |
| Outer Comstock | $1,679 |
| Downtown Syracuse | $1,500 |
| Near Westside Syracuse | $1,446 |
| Lakefront | $1,364 |
| Skunk City | $1,364 |
| Westside Syracuse | $1,364 |
| Southwest Syracuse | $1,338 |
| Far Westside Syracuse | $1,287 |
| Strathmore | $1,232 |
| Salt Springs | $1,090 |
| Brighton | $1,036 |
| North Valley | $1,036 |
| South Valley | $1,036 |
| Meadowbrook | $970 |
| Eastwood | $896 |
| Lincoln Hill | $893 |
| Near Northeast Syracuse | $893 |
| Northside Syracuse | $893 |
| Sedgwick | $893 |
| Elmwood | $844 |
What are the most affordable neighborhoods in Syracuse?
The most affordable neighborhoods in Syracuse are Elmwood, where the average rent goes for $844/month, Lincoln Hill, where renters pay $893/mo on average, and Near Northeast Syracuse, where the average rent goes for $893/mo. If you’re looking for other great deals, check out the listings from Northside Syracuse ($893), Sedgwick ($893), and Eastwood ($896), where the asking prices are below the average Syracuse rent of $1,399/mo.
What are the most expensive neighborhoods in Syracuse?
The most expensive neighborhoods in Syracuse are University ($1,920), University Hill ($1,920) and Westcott ($1,920).
What are the most popular neighborhoods in Syracuse?
The most popular neighborhood in Syracuse is Brighton, where there are 1 listings with an average rent of $1,036. Next up is Downtown Syracuse, where apartments go for $1,500/month, followed by Lakefront with $1,364 If you’re looking to rent in Syracuse’s most popular neighborhoods, make sure to also check out Near Westside Syracuse, where renters pay $1,446 on average, and Southwest Syracuse, where the average monthly rent is $1,338.
Syracuse | Rent Comparison by Neighborhood
Rent in Brighton is 31% lower than in Downtown Syracuse
Brighton rent is 26% lower than Syracuse average
| Average Rent | $1,036 |
|---|
Downtown Syracuse rent is 7% higher than Syracuse average
| Average Rent | $1,500 |
|---|
How Syracuse Compares to Other Cities
| City | Average Rent |
|---|---|
| Manhattan | $4,501 |
| Hudson Valley | $2,215 |
| Brooklyn | $3,252 |
| Bronx | $1,682 |
| Buffalo | $1,244 |
| Albany | $1,545 |
| Queens | $2,798 |
| Troy | $1,334 |
| Yonkers | $2,227 |
| Amityville | $2,290 |
| Syracuse | $1,399 |
| Rochester | $1,278 |
| Canandaigua | $1,413 |
| Victor | $1,707 |
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