How many apartments are available in Syracuse, NY on Rentable.co?

Rentable.co has over 5,678 apartments available in Syracuse.

What is the average rent for a studio apartment in Syracuse, NY?

The average rent for a <a href='/syracuse-ny/studio-apartments-for-rent' >studio apartment</a> in Syracuse is around $920 per month.

What is the average rent for a one-bedroom apartment in Syracuse, NY?

The average rent for a <a href='/syracuse-ny/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Syracuse is around $1,600 per month.

What is the average rent for a two-bedroom apartment in Syracuse, NY?

The average rent for a <a href='/syracuse-ny/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Syracuse is around $1,470 per month.

How expensive is it to rent an apartment in Syracuse, NY?

For a two-bedroom apartment in Syracuse, the average rent price is $1,470 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Syracuse, NY?

Based on average rent prices in Syracuse, to afford a <a href='/syracuse-ny/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $37,000 to live comfortably.

Apartments Near Syracuse University

Syracuse:
May Rent Report

Welcome to the May 2024 Syracuse Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Syracuse rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Syracuse and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Syracuse average rent prices in the chart below.

Monthly Rent Report

$1,550

$1,160

$780

$390

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Syracuse Rent Prices Increase From April to May

Syracuse rent prices increased over the last month. From April to May, the city experienced a 5.26% increase for the price of a one-bedroom apartment. The rent price for a Syracuse one-bedroom apartments currently stands at $1,361.0.

When we take a look at the two-bedroom comparison from April to May, Syracuse experienced a -0.27% decrease for the price of a two-bedroom apartment. The rent price for a Syracuse two-bedroom apartments currently stands at $1,482.0.

May Prices: Syracuse vs. Surrounding Areas

Cicero, NY

Baldwinsville, NY

Camillus, NY

Syracuse, NY

Liverpool, NY

$2,100

$1,657

$1,606

$1,293

$1,239

$700

$1,400

$2,100

$2,800

Median 1 BR Rent

Rent Prices in Syracuse and Surrounding Areas

Rent prices have increased in Syracuse over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Syracuse suburb increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Liverpool, NY .
Rent decreased in Camillus, NY, Baldwinsville, NY, Cicero, NY.
3 suburbs are currently priced higher than the city of Syracuse.
1 suburb is currently priced lower than the city of Syracuse.

May 2024 Pricing Trends: Syracuse vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Syracuse, NY

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,293

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Syracuse Rent Prices More Affordable Than Major Cities

Rent growth in Syracuse over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Syracuse average rent prices appear to be relatively affordable for local residents.

The price for a Syracuse one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Syracuse and surrounding area rent prices, take a look at the complete data set below.

Data set for Syracuse and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Syracuse, NY	$1,293.0	3.19%	$1,486.0	1.23%
Liverpool, NY	$1,239.0	5.27%	$1,521.0	0.33%
Camillus, NY	$1,606.0	-1.11%	$1,777.0	-0.95%
Baldwinsville, NY	$1,657.0	0.00%	$1,933.0	4.04%
Cicero, NY	$2,100.0	0.00%	$2,552.0	0.59%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.