Cheap Apartments for Rent in the Downtown Neighborhood of Syracuse, NY from $400 (31 Rentals)

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

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.

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.

property at 1020 Madison St

1020 Madison St

SyracuseNY13210
property at 319 N Salina St

319 N Salina St

SyracuseNY13203
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Faith & Hope Manor
Studio to 2 Bedroom Apartments

Faith & Hope Manor

648 W Onondaga StSyracuse, NY 13204
  • Utilities Included
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Ross Towers
1 to 2 Bedroom Apartments

Ross Towers

710-712 Lodi StSyracuse, NY 13203
Senior Living

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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Almus Olver Towers
1 to 2 Bedroom Apartments

Almus Olver Towers

300 Burt StSyracuse, NY 13202
Senior Living
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127 South Ave
Studio Apartments

127 South Ave

127 South AveSyracuse, NY 13204
  • Utilities Included
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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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511 N State St
1 to 2 Bedroom Apartments

511 N State St

511 N State StSyracuse, NY 13203
  • Utilities Included
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430 Wilkinson St
1 Bedroom Apartments

430 Wilkinson St

430 Wilkinson StSyracuse, NY 13204
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1221 E Genesee St
1 to 2 Bedroom Apartments

1221 E Genesee St

1221 E Genesee StSyracuse, NY 13210
Student Housing
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Clinton Square Suites
1 to 2 Bedroom Apartments

Clinton Square Suites

226-230 W Genesee StSyracuse, NY 13202
  • Utilities Included
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Paul Apartment Homes
1 to 2 Bedroom Apartments

Paul Apartment Homes

1114 E Genesee StSyracuse, NY 13210
Student Housing
  • Utilities Included
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One Clinton Square
1 to 2 Bedroom Apartments

One Clinton Square

1 Clinton SqSyracuse, NY 13202
  • Utilities Included

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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407 Wilkinson St
2 Bedroom Apartments

407 Wilkinson St

407 Wilkinson StSyracuse, NY 13204
  • Utilities Included
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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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314 Oak St.
1 to 2 Bedroom Apartments

314 Oak St.

314-316 Oak StSyracuse, NY 13203
  • Utilities Included

Downtown, Syracuse, NY Local Guide

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 ListingModel NameBed/BathPriced From
Brownstone Luxury Studio ApartmentsStudioStudio,1BA$845
Lifestyle Apartments at SyracuseThe Gardens Studio (All Utilities Included)Studio,1BA$1,025
The DuchessLifestyle 600 StudioStudio,1BA$1,050
Hawley Green1 Bed/1 Bath unit 251BR,1BA$1,050
Nettleton Commons ApartmentsStudioStudio,1BA$1,050
Kasson PlaceOne Bedroom1BR,1BA$1,125
502 University Apartments1bed/1bath1BR,1BA$1,200
Regency TowerrenovatedStudio,1BA$1,345
Greenway PlaceIris2BR,1BA$1,400
900 East Fayette Group, LLC1 bed 1bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Merchants CommonsType 112BR,1BA$1.40
Franklin View Terrace2 Bedroom & 2 Bathroom2BR,2BA$1.07
114 Josephine St, Unit Fl # 1114 Josephine St3BR,1BA$1.30
Jefferson TowerJefferson Tower Furnished 2 Bedroom2BR,1BA$1.54
Walier Lofts2 Bedroom2BR,2BA$1.44
702 Catherine St, Unit Apt#3702 Catherine St4BR,1BA$1.33
Greenway PlaceIris2BR,1BA$1.56
Kasson PlaceOne Bedroom1BR,1BA$1.37
502 University Apartments1bed/1bath1BR,1BA$1.50
Hawley Green1 Bed/ 1 Bath unit 81BR,1BA$1.56

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Pet Friendly Lifestyle
Downtown, Syracuse, NY

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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 to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.