Rental market trends in Syracuse, NY
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Average Apartment Cost in Syracuse, NY
Apartment Rent Ranges in Syracuse, NY
Apartment Prices Proportion | |
|---|---|
Neighborhood Apartment Rent Trends in Syracuse, NY
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Near Eastside | $945 | -- |
| University Hill | $895 | -- |
| DeWitt | $802 | +3% |
| Downtown | $800 | +3% |
| Near Northeast | $800 | -- |
| Eastside | $750 | +20% |
| Outer Comstock | $750 | +4% |
| Tipperary Hill | $695 | -- |
| Westside | $695 | -- |
| Far West Side | $695 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Valley | $1,133 | +9% |
| Nob Hill | $1,133 | +9% |
| South Valley | $1,133 | +9% |
| Near Eastside | $1,045 | +40% |
| Downtown | $1,040 | +2% |
| DeWitt | $1,009 | -- |
| Lakefront | $1,000 | -- |
| University Hill | $995 | +53% |
| Near Northeast | $975 | +27% |
| Northside | $975 | +70% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Armory Square | $1,900 | +23% |
| Onondaga Hill | $1,802 | -6% |
| Downtown | $1,460 | +2% |
| Nob Hill | $1,406 | +17% |
| South Valley | $1,406 | +17% |
| Near Northeast | $1,400 | +41% |
| Northside | $1,400 | +45% |
| Outer Comstock | $1,246 | +30% |
| Eastside | $1,195 | +25% |
| University Hill | $1,195 | +17% |
How Other Cities Compare to Syracuse, NY
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Camillus | $1,783 | -- |
| Fayetteville | $1,000 | +9% |
| Ithaca | $850 | -- |
| Utica | $625 | 0% |
| Liverpool | $600 | -1% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Baldwinsville | $1,360 | +11% |
| North Syracuse | $1,100 | -- |
| Liverpool | $1,074 | +35% |
| Fayetteville | $1,000 | +9% |
| Utica | $900 | -45% |
| Geneva | $900 | -- |
| Fulton | $895 | -- |
| Ithaca | $892 | +8% |
| Cortland | $845 | +10% |
| Clinton | $825 | -- |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Geneva | $2,200 | -- |
| Utica | $2,064 | +9% |
| New Hartford | $1,900 | +100% |
| Camillus | $1,765 | +25% |
| Baldwinsville | $1,540 | +4% |
| Clinton | $1,450 | +16% |
| Fulton | $1,395 | -- |
| Liverpool | $1,335 | +30% |
| Fayetteville | $1,200 | +14% |
| Cortland | $1,200 | +36% |
Syracuse, NY Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $695 | $720 | $745 | $745 | $755 | $755 | $770 | $770 | $780 | $782 | $782 | $785 | $785 |
| $1047 | $1047 | $1036 | $1025 | $1015 | $1015 | $1047 | $1007 | $1005 | $1000 | $995 | $975 | $995 |
| $1152 | $1154 | $1365 | $1355 | $1298 | $1384 | $1415 | $1311 | $1259 | $1207 | $1207 | $1245 | $1249 |
| $1200 | $1200 | $1315 | $1315 | $1315 | $1315 | $1315 | $1315 | $1315 | $1275 | $1350 | $1150 | $1150 |
Neighborhood Information for Syracuse, NY
What are the most affordable neighborhoods in Syracuse, NY?
The most affordable neighborhoods in Syracuse are Washington Square, where the average 1-bedroom apartment rent goes for $650, Salt Springs, where renters pay $725 on average for a 1-bedroom apartment, and Eastwood, where the average 1-bedroom apartment rent goes for $795. If you're looking for other great deals, check out the listings in Westcott ($800 for a 1-bedroom apartment) or Outer Comstock ($840 for a 1-bedroom apartment), compared to the $995 average for a Syracuse 1-bedroom apartment.
What are the most expensive neighborhoods in Syracuse, NY?
The most expensive neighborhoods in Syracuse are Onondaga Hill, where the average 1-bedroom apartment rent goes for $1,651, Valley, where renters pay $1,133 on average for a 1-bedroom apartment, and Nob Hill, where the average 1-bedroom apartment rent goes for $1,133. If you're looking for other premium neighborhoods, check out the listings in South Valley ($1,133 for a 1-bedroom apartment) or Near Eastside ($1,045 for a 1-bedroom apartment), compared to the $995 average for a Syracuse 1-bedroom apartment.
What are the most popular neighborhoods in Syracuse, NY?
The most popular neighborhoods in Syracuse are Lakefront, where the average 1-bedroom apartment rent goes for $1,000, Washington Square, where renters pay $650 on average for a 1-bedroom apartment, and Northside, where the average 1-bedroom apartment rent goes for $975. If you're looking for other popular neighborhoods, check out the listings in Near Northeast ($975 for a 1-bedroom apartment) or Downtown ($1,040 for a 1-bedroom apartment), compared to the $995 average for a Syracuse 1-bedroom apartment.
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