
Cheap Apartments for Rent in the Downtown Neighborhood of Syracuse, NY from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Syracuse.


James Crest Manor

Brownstone Luxury Studio Apartments

Madison Towers

Hawley Green
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.

Corbett Corner

Lifestyle Apartments at Syracuse

The Duchess

Nettleton Commons Apartments

Hudson Lofts

Commonspace
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.

502 University Apartments

1020 Madison St

319 N Salina 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.
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.
Downtown, Syracuse, NY Local Guide

How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $1,537 | $795 | $3,000 |
Downtown 1 Bedroom Apartments | $1,676 | $762 | $2,918 |
Downtown 2 Bedroom Apartments | $2,050 | $1,195 | $3,992 |
Downtown 3 Bedroom Apartments | $1,826 | $1,369 | $4,500 |
Downtown 4 Bedroom Apartments | $1,688 | $989 | $6,596 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Syracuse, NY.
See all Apartments in SyracuseExplore Syracuse
Downtown, Syracuse, NY Local Guide
- Nearby Syracuse neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Syracuse, NY is a Studio unit found at Brownstone Luxury Studio Apartments priced from $845. Lifestyle Apartments at Syracuse has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Downtown apartments for rent in Syracuse, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brownstone Luxury Studio Apartments | Studio | Studio,1BA | $845 |
Lifestyle Apartments at Syracuse | The Gardens Studio (All Utilities Included) | Studio,1BA | $1,025 |
The Duchess | Lifestyle 600 Studio | Studio,1BA | $1,050 |
Hawley Green | 1 Bed/1 Bath unit 25 | 1BR,1BA | $1,050 |
Nettleton Commons Apartments | Studio | Studio,1BA | $1,050 |
Kasson Place | One Bedroom | 1BR,1BA | $1,125 |
502 University Apartments | 1bed/1bath | 1BR,1BA | $1,200 |
Regency Tower | renovated | Studio,1BA | $1,345 |
Greenway Place | Iris | 2BR,1BA | $1,400 |
900 East Fayette Group, LLC | 1 bed 1bath | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Downtown, NY
As of October 08, 2025 the best value apartment in the Downtown 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 apartment is the 2 Bedroom & 2 Bathroom Model at Franklin View Terrace starting at $1,600 with a $1.07 price per square foot in the Near Northeast neighborhood. Here is today’s list of the best values for Downtown 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 |
Franklin View Terrace | 2 Bedroom & 2 Bathroom | 2BR,2BA | $1.07 |
114 Josephine St, Unit Fl # 1 | 114 Josephine St | 3BR,1BA | $1.30 |
Jefferson Tower | Jefferson Tower Furnished 2 Bedroom | 2BR,1BA | $1.54 |
Walier Lofts | 2 Bedroom | 2BR,2BA | $1.44 |
702 Catherine St, Unit Apt#3 | 702 Catherine St | 4BR,1BA | $1.33 |
Greenway Place | Iris | 2BR,1BA | $1.56 |
Kasson Place | One Bedroom | 1BR,1BA | $1.37 |
502 University Apartments | 1bed/1bath | 1BR,1BA | $1.50 |
Hawley Green | 1 Bed/ 1 Bath unit 8 | 1BR,1BA | $1.56 |
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.
Pet Friendly LifestyleDowntown, Syracuse, NY
Ranked #1
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,400.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Hawley Green which is listed at $1,050, while the average apartment in Downtown costs $8,195.
What types of apartments are the cheapest in Downtown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 27 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown?
Cheap apartments in Downtown have an average cost of $2,276 which is $5,919 cheaper than the average rent for all rentals in Downtown.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.