
Cheap Homes for Rent in Downtown Syracuse Neighborhood of Syracuse, NY from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Syracuse area of Syracuse.

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.

108 W Jefferson St
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.

108 W Jefferson St, Unit 702
Downtown Syracuse, Syracuse, NY Local Guide

How much does it cost to rent a home in Downtown Syracuse?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Syracuse 2 Bedroom Homes for Rent | $3,500 | $3,200 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Syracuse Neighborhood of Syracuse, NY.
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Downtown Syracuse, Syracuse, NY Local Guide
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Best Value Apartments for Rent in Downtown Syracuse, NY
As of December 24, 2025 the best value apartment in the Downtown Syracuse area is the $1.40 price per square foot Type 11 Model at Merchants Commons in the in the University Hill neighborhood starting from $2,250. The second greatest value Downtown Syracuse apartment is the Unit 307 Model at Herald Commons Apartments starting at $3,000 with a $1.97 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Merchants Commons | Type 11 | 2BR,1BA | $1.40 |
| Herald Commons Apartments | Unit 307 | 2BR,2BA | $1.97 |
| The Grange Building & GrangeX | Unit 3 - Fireplace | 2BR,2BA | $1.60 |
| Creekwalk Commons | 2BR/1.0BA | 2BR,1BA | $1.48 |
| 317 W Fayette St, Unit 2 | 317 W Fayette St | 2BR,2BA | $1.52 |
| Icon Tower | 2 Bedrooms + 1 Bath | 2BR,1BA | $1.78 |
| The Wood Building | 2 bd/ 2 ba | 2BR,2BA | $1.59 |
| One Clinton Square | 1 Bedroom/1 Bath | 1BR,1BA | $1.30 |
| Whitney Lofts | 1 Bedroom | 1BR,1BA | $1.71 |
| Greenway Place | Tulip | 2BR,1BA | $1.77 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Syracuse, Syracuse, NY
Ranked #5
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Syracuse
What type of rentals are currently available in Downtown Syracuse?
There are currently 77 Apartments for Rent in Downtown Syracuse, NY with pricing that ranges from $905 to $4,500. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Syracuse ranging from $1,950 to $3,800.
What is the current price range for Rental Homes in Downtown Syracuse?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Syracuse ranges from $1,950 to $3,800 with an average monthly rent of $2,725.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!