Cheap Apartments for Rent in the Downtown Syracuse Neighborhood of Syracuse, NY from $700 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Syracuse area of Syracuse.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Clinton Plaza
Studio to 2 Bedroom Apartments

Clinton Plaza

550 S Clinton StSyracuse, NY 13202
  • Utilities Included
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Clinton Square Suites
1 to 2 Bedroom Apartments

Clinton Square Suites

226-230 W Genesee StSyracuse, NY 13202
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The Chimes Building
1 to 3 Bedroom Apartments

The Chimes Building

500 S Salina StSyracuse, NY 13202
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Creekwalk Commons
Studio to 3 Bedroom Apartments

Creekwalk Commons

360 Erie Blvd ESyracuse, NY 13202
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Lofts at 243
2 Bedroom Apartments

Lofts at 243

243 E Water StSyracuse, NY 13202

Downtown Syracuse, Syracuse, NY Local Guide

Cheapest Available Downtown Syracuse Apartments for Rent

 

The cheapest available apartment rental in the Downtown Syracuse area of Syracuse, NY is a 1 Bed unit found at Corbett Corner priced from $950. The Duchess has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown Syracuse apartments for rent in Syracuse, NY:

Apartment ListingModel NameBed/BathPriced From
Corbett Corner1 Bedroom, 1 Bathroom1BR,1BA$950
The DuchessLifestyle 600 StudioStudio,1BA$1,050
Greenway Place ApartmentsCalla1BR,1BA$1,195
Nettleton Commons ApartmentsOne Bedroom1BR,1BA$1,200
The Tallman BlockStudioStudio,1BA$1,225

Best Value Apartments for Rent in Downtown Syracuse, NY

As of June 11, 2026 the best value apartment in the Downtown Syracuse area is the $1.97 price per square foot Unit 307 Model at Herald Commons Apartments in the in the University Hill neighborhood starting from $3,000. The second greatest value Downtown Syracuse apartment is the 2 Bedrooms + 2 Bathrooms Model at Icon Tower starting at $2,400 with a $1.65 price per square foot in the University Hill neighborhood. Here is today’s list of the best values for Downtown Syracuse apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Herald Commons ApartmentsUnit 3072BR,2BA$1.97
Icon Tower2 Bedrooms + 2 Bathrooms2BR,2BA$1.65
Symphony Place2BR/2.0BA2BR,2BA$1.62
Deys Plaza Apartments2BR 1.5BA2BR,1.5BA$1.85
The Grange Building & GrangeX2 bed 1.5 Bath2BR,1.5BA$1.76
The 2142 Bd/ 1ba2BR,1BA$1.60
Lofts on Willow1BR/1.0BA1BR,1BA$1.71
Nettleton Commons ApartmentsOne Bedroom1BR,1BA$1.41
Corbett Corner1 Bedroom, 1 Bathroom1BR,1BA$1.15
Hudson Lofts1 Bedroom1BR,1BA$2.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Syracuse, Syracuse, NY

Ranked #4

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Syracuse. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Syracuse Apartments

What is the Cheapest Studio apartment in Downtown Syracuse?

Currently the most affordable Cheap Studio Apartment in Downtown Syracuse is at The Duchess listed at $1,050.

How much is rent for a Cheap One Bedroom Downtown Syracuse Apartment?

The lowest price for a Cheap One Bedroom Downtown Syracuse Apartment is $950 at Corbett Corner.

What is the lowest price for a Cheap Two Bedroom Downtown Syracuse Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Syracuse is starting from $1,400 at The Duchess.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Your Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Syracuse, NY

Written by: Jessica Mousseau

Hey! Jessica here, your ApartmentHomeLiving.com Local Expert for Syracuse, New York.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.