Nob Hill Apartments
101 Lafayette Rd,
Syracuse, NY 13205
1-3 Beds | $1,160 - $1,925
Rental Market Trends in Syracuse, NY
Updated July 2026
The average rent in Syracuse, NY is $1,266/month.
Rent in Syracuse is 24% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,266/month
Average Rent
635 Sq Ft
Average Size
+1.8%
Change / Year
1,414
Available Apartments
Syracuse rent varies by unit size and layout:
- Studio apartments in Syracuse average $1,195 per month.
- One-bedroom apartments in Syracuse average $1,266 per month.
- Two-bedroom apartments in Syracuse average $1,500 per month.
- Three-bedroom apartments in Syracuse average $2,033 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Syracuse, NY?
In the past year, rent has increased by 1.8%, which averages out to $23 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Syracuse, NY
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
16%
Below $700/month
18%
$700 - $1,000/month
34%
$1,001 - $1,500/month
19%
$1,501 - $2,000/month
13%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Syracuse?
Based on current rent prices, Hawley-Green Historic Dist, Westside and Southside 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, Downtown Syracuse, Fairmount and Lakefront 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 Northside, Eastside and Downtown Syracuse .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Syracuse, NY?
Because the average rent in Syracuse is $1,266, you’ll want to make about $4,220 per month or $50,640 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 3.1% higher than the national average. Generally, housing in Syracuse is 9.9% more expensive than the national average, with rent falling between $1,195 - $2,033. You can expect to pay 3.2% less for groceries, 4.9% less for utilities, and 6.3% 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.
View the Syracuse Area GuideStudio
-
$1,655/month
One Bedroom
-
$1,607/month
Two Bedroom
-
$1,997/month
Three Bedroom
-
$3,291/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Syracuse?
The average rent in Syracuse is $1,266 per month, which is 23.9% lower than the national average of $1,663.
What is the average rent for a house in Syracuse?
The average rent for a house in Syracuse, NY is $2,112 per month.
What is the average rent for a condo in Syracuse?
The average rent for a condo in Syracuse, NY is $935 per month.
Are rents going up or down in Syracuse?
Rents in Syracuse, NY are increasing, with prices up 1.8% year-over-year and $23 more per month.
What rent range is most common in Syracuse?
In Syracuse, NY, 34% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 June 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.