Nob Hill Apartments
101 Lafayette Rd,
Syracuse, NY 13205
$1,015 - $1,925
1-3 Beds
Rental Market Trends in Syracuse, NY
What is the average rent in Syracuse, NY?
$1,249/month
Average Rent
639 Sq Ft
Average Apartment Size
+1.5%
Increase in the Last Year
As of April 2026, the average rent in Syracuse, NY is $1,249 per month. This is 24% lower than the national average rent of $1,641/month, making renting in Syracuse more affordable than most cities in the US. When you rent an apartment in Syracuse, you can expect to pay about $1,197 per month for a studio, $1,249 for a one-bedroom apartment, and around $1,496 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,097 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Syracuse, NY?
In the past year, rent has increased by 1.5%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Syracuse, NY
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
16%
Below $700/month
19%
$700 - $1,000/month
33%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Syracuse?
Based on current rent prices, Hawley-Green Historic Dist, Thornden Park and Little Italy are the most affordable neighborhoods in Syracuse.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Syracuse?
Based on current rent prices, Hanover Square, Armory Square and Clinton Square are the most expensive neighborhoods in Syracuse.
Neighborhood
Average Rent
Average Sq Ft
Which Syracuse neighborhoods have the most rentals available?
The neighborhoods in Syracuse with the most apartments available are Eastside, Downtown Syracuse and Northside .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Syracuse, NY?
Because the average rent in Syracuse is $1,249, you’ll want to make about $4,163 per month or $49,956 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Syracuse, NY is 3.6% higher than the national average. Generally, housing in Syracuse is 11.5% more expensive than the national average, with rent falling between $1,197 - $2,097. You can expect to pay 2.7% less for groceries, 6.6% less for utilities, and 6.4% more for transportation.
How does Syracuse, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Syracuse, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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NBM Management
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Greystar
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.