Most Affordable Neighborhoods in Syracuse, NY

Some of the cheapest neighborhoods in Syracuse are Valley, Eastwood, and Taunton. These neighborhoods offer some of the lowest rent prices in Syracuse, making them ideal for renters on a budget. As of January 1, 2025, the average rent in Syracuse is $1,155, which is 2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Valley

Average Rent

$1,020/Month

Year-Over-Year Rent Change

3.3%

TransitScore® Rating

35/100

Units Available

1 Rentals

Valley is an affordable neighborhood in Syracuse with an average rent price of $1,020. Compare this to the city average of $1,155. In the past year, rent prices have increased by 3.3%. Valley provides easy access to Hill Top Ranch, Le Moyne College, and Rubenstein Museum of Science & Technology. It’s a somewhat walkable neighborhood with a WalkScore® of 53.

Eastwood

Average Rent

$1,107/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

35/100

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Eastwood might be the perfect place! It has an average rent price of $1,107, while the city’s average stands at $1,155. In the last year, prices have increased by 2.7%. Eastwood is near Green Lakes State Park, Rosamond Gifford Zoo, and Upstate Medical University.

Taunton

Average Rent

$1,298/Month

Year-Over-Year Rent Change

12.6%

TransitScore® Rating

10/100

Units Available

3 Rentals

Taunton is a top choice for budget-conscious renters for a variety of reasons. The average rent in Taunton is $1,298 while the city average is $1,155. This is a 12.6% difference from last year. Residents enjoy convenient access to Erie Canal Museum, Fairmount Fair, and Rosamond Gifford Zoo. The neighborhood is considered car-dependent with a WalkScore® of 43.

Eastside

Average Rent

$1,535/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

47/100

Units Available

123 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Eastside. The average rent is $1,535, compared to the city average of $1,155. Rent prices have increased by 2.5%. Eastside is convenient to Nottingham Shopping Center, Onondaga Community College, and Rubenstein Museum of Science & Technology. The community is somewhat walkable with a WalkScore® of 68.

Lakefront

Average Rent

$1,563/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

40/100

Units Available

38 Rentals

Lakefront is an affordable neighborhood in Syracuse with an average rent price of $1,563. Compare this to the city average of $1,155. In the past year, rent prices have increased by 3.8%. Lakefront provides easy access to Destiny USA, Onondaga Community College, and Genesee Plaza. It’s a somewhat walkable neighborhood with a WalkScore® of 58.

Westside

Average Rent

$1,601/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

42/100

Units Available

33 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Westside might be the perfect place! It has an average rent price of $1,601, while the city’s average stands at $1,155. In the last year, prices have increased by 2.1%. Westside is near Westvale Plaza, Clark Reservation State Park, and Syracuse Hancock International.

Northside

Average Rent

$1,602/Month

Year-Over-Year Rent Change

3.1%

TransitScore® Rating

44/100

Units Available

92 Rentals

Northside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northside is $1,602 while the city average is $1,155. This is a 3.1% difference from last year. Residents enjoy convenient access to Syracuse Hancock International, Lyncourt Plaza, and Le Moyne College. The neighborhood is considered walkable with a WalkScore® of 77.

Fairmount

Average Rent

$1,815/Month

Year-Over-Year Rent Change

7.9%

TransitScore® Rating

0/100

Units Available

9 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Fairmount. The average rent is $1,815, compared to the city average of $1,155. Rent prices have increased by 7.9%. Fairmount is convenient to Camillus Erie Canal Park, Fairmount Fair, and Onondaga Community College. The community is somewhat walkable with a WalkScore® of 61.

Southside

Average Rent

$1,859/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

46/100

Units Available

29 Rentals

Southside is an affordable neighborhood in Syracuse with an average rent price of $1,859. Compare this to the city average of $1,155. In the past year, rent prices have decreased by 1.9%. Southside provides easy access to Camillus Erie Canal Park, Geddes Street Plaza, and Syracuse University. It’s a somewhat walkable neighborhood with a WalkScore® of 60.

Downtown Syracuse

Average Rent

$1,890/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

59/100

Units Available

73 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Downtown Syracuse might be the perfect place! It has an average rent price of $1,890, while the city’s average stands at $1,155. In the last year, prices have decreased by 2.5%. Downtown Syracuse is near Syracuse University, Erie Canal Museum, and Camillus Erie Canal Park.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.