
Cheap Apartments for Rent in the Downtown Neighborhood of Syracuse, NY from $400 (88 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Syracuse.


James Crest Manor

Courtyard at James

Madison Towers

Corbett Corner

Lifestyle Apartments at Syracuse

The Duchess

Hudson Lofts

Total Monthly Price
208 Ash St, Unit 208 Apt 1

Kasson Place
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.

Hawley Green

Commonspace

Nettleton Commons Apartments

The Tallman Block

Regency Tower

Greenway Place

202 N Townsend St

One Clinton Square

807-13 N Salina St

1003 E Fayette St
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.

Franklin View Terrace

Lofts at Franklin Square

Merchants Commons

Walier Lofts

1009 Madison St

Clinton Street Commons

The 214

614 N Mcbride St

Paul Apartment Homes

Deys Plaza Apartments
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.

314 Hawley Ave

Lofts on Willow

Icon Tower

Salt City Flats

Total Monthly Price
104 Ashworth Pl

Total Monthly Price
The Treasury

The Harrison Building

514 Walnut Ave

300 E Washington

Symphony Place
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.

Total Monthly Price
Tower701

Lakefront Lofts

One Webster's Landing

538 Erie Blvd W

Iron Pier

The Post

One Franklin Square

Oak Knitting Mill

Addis Building

480 S Salina St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,640 | $845 | $3,000 |
| Downtown 1 Bedroom Apartments | $1,734 | $900 | $2,900 |
| Downtown 2 Bedroom Apartments | $2,139 | $1,070 | $6,025 |
| Downtown 3 Bedroom Apartments | $1,873 | $1,129 | $4,500 |
| Downtown 4 Bedroom Apartments | $1,265 | $847 | $6,636 |
Browse Apartments in this Neighborhood
There are currently 88 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Syracuse, NY.
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Downtown, Syracuse, NY Local Guide
- Nearby Syracuse neighborhoods
- Nearby Cities
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- Local Counties
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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. Courtyard at James has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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 |
| Courtyard at James | 1 Bedroom-Waitlist | 1BR,1BA | $900 |
| Corbett Corner | Studio | 1BR,1BA | $950 |
| Lifestyle Apartments at Syracuse | The Gardens Studio (All Utilities Included) | Studio,1BA | $1,000 |
| The Duchess | Lifestyle 600 Studio | Studio,1BA | $1,050 |
| Kasson Place | One Bedroom | 1BR,1BA | $1,125 |
| Hawley Green | Studio/1 Bath 15 | Studio,1BA | $1,125 |
| Commonspace | CS Jefferson Furnished Micro Loft | Studio,1BA | $1,144 |
| Nettleton Commons Apartments | One Bedroom | 1BR,1BA | $1,200 |
| The Tallman Block | Studio | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Downtown, NY
As of July 08, 2026 the best value apartment in the Downtown area is the $1.44 price per square foot 2BR/2.0BA Model at Symphony Place in the in the Elmwood neighborhood starting from $2,055. The second greatest value Downtown apartment is the 2BR/1.5BA Model at Pike Block starting at $2,250 with a $1.58 price per square foot in the University Hill 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. |
|---|---|---|---|
| Symphony Place | 2BR/2.0BA | 2BR,2BA | $1.44 |
| Pike Block | 2BR/1.5BA | 2BR,1.5BA | $1.58 |
| Creekwalk Commons | 2BR/1.0BA | 2BR,1BA | $1.51 |
| Theory Syracuse | C1 | 3BR,3BA | $0.92 |
| One Franklin Square | 2 Bedroom | 2BR,1BA | $1.58 |
| Walier Lofts | 2 Bedroom | 2BR,2BA | $1.50 |
| The 214 | 2 Bd/ 1ba | 2BR,1BA | $1.60 |
| Nettleton Commons Apartments | One Bedroom | 1BR,1BA | $1.41 |
| Kasson Place | One Bedroom | 1BR,1BA | $1.37 |
| Courtyard at James | 1 Bedroom-Waitlist | 1BR,1BA | $1.64 |
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 ArticleReal 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.
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, NY
Ranked #2
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 the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Brownstone Luxury Studio Apartments listed at $845.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $900 at Courtyard at James.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,345 at Kasson Place.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at Regency Tower and starts from $2,095.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.