Cheap Apartments for Rent in the Downtown Syracuse Neighborhood of Syracuse, NY from $700 (47 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.

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The Treasury
$1,420 - $2,969
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,969
Total Monthly Price
$1,420 - $2,969
Studio to 2 Bedroom Apartments Available Now

The Treasury

101 S Salina StSyracuse, NY 13202
Transit Friendly
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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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property at 317 S Clinton St

$1,675 - $2,100

1 To 2 Bedroom Rentals

Available Now

317 S Clinton St

SyracuseNY13202

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lofts at 243
2 Bedroom Apartments

Lofts at 243

243 E Water StSyracuse, NY 13202
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Creekwalk Commons
Studio to 3 Bedroom Apartments

Creekwalk Commons

360 Erie Blvd ESyracuse, NY 13202
  • Utilities Included
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The Wilson Building
1 to 3 Bedroom Apartments

The Wilson Building

306-310 S Salina StSyracuse, NY 13202
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The Wood Building
2 Bedroom Apartments

The Wood Building

205 E Jefferson StSyracuse, NY 13202
Corporate Housing
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The Hurbson Building
1 to 2 Bedroom Apartments

The Hurbson Building

110 Walton StSyracuse, NY 13202
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Bentley Lofts
Studio to 2 Bedroom Apartments

Bentley Lofts

120 Walton StSyracuse, NY 13202
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 133 Walton St

$2,500

1 Bedroom, 1 Bath Townhome for Rent

Available Now

133 Walton St

SyracuseNY13202
Showing Results 1-47, Page 1 of 1

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 Studio unit found at The Duchess priced from $1,050. Commonspace has the second lowest priced unit, which is a Studio apartment currently listed from $1,144. Here are the most affordable Downtown Syracuse apartments for rent in Syracuse, NY:

Apartment ListingModel NameBed/BathPriced From
The DuchessLifestyle 600 StudioStudio,1BA$1,050
CommonspaceCS Jefferson Furnished Micro LoftStudio,1BA$1,144
Nettleton Commons ApartmentsOne Bedroom1BR,1BA$1,200
One Clinton Square1 Bedroom/1 Bath1BR,1BA$1,300
Greenway PlaceIris2BR,1BA$1,400
The 2141 Bed / 1 Ba1BR,1BA$1,475
Deys Plaza Apartments1BR 1BA1BR,1BA$1,550
Hudson Lofts1 Bedroom1BR,1BA$1,575
The Harrison BuildingStudioStudio,1BA$1,617
Symphony PlaceSymphony Place - 1 Bed/1 Bath - 753 Sq Ft WAITLIST1BR,1BA$1,650

Best Value Apartments for Rent in Downtown Syracuse, NY

As of April 26, 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 Unit 3 - Fireplace Model at The Grange Building & GrangeX starting at $2,400 with a $1.60 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
The Grange Building & GrangeXUnit 3 - Fireplace2BR,2BA$1.60
Creekwalk Commons2BR/1.0BA2BR,1BA$1.38
Deys Plaza Apartments2BR 1.5BA2BR,1.5BA$1.85
State Tower1 bedroom XL1BR,1BA$1.92
Whitney Lofts1 Bedroom1BR,1BA$2.14
Greenway PlaceIris2BR,1BA$1.56
Nettleton Commons ApartmentsOne Bedroom1BR,1BA$1.41
The 2141 Bed / 1 Ba1BR,1BA$1.81
One Clinton Square1 Bedroom/1 Bath1BR,1BA$1.78

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 #6

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 $1,200 at Nettleton Commons Apartments.

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.

What is the most affordable Downtown Syracuse Three Bedroom Apartment?

The best deal on a cheap Downtown Syracuse Three Bedroom Apartment rental is at Greenway Place and starts from $1,650.

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

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

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.