Cheap Homes for Rent in Syracuse, NY from $500 (30 Rentals)

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Search the lowest-cost Homes available for rent right now in Syracuse.

property at 131 Dell St

$450 - $600

3 To 4 Bedroom Rentals

Available Now

131 Dell St

SyracuseNY13210
property at 1900 E Genesee St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

4 Bedroom, 2.5 Bath Home for Rent

Available Jun 1

1900 E Genesee St

SyracuseNY13210

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.

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 822 Westcott St

$450 - $1,200

2 To 4 Bedroom Rentals

Available Now

822 Westcott St

SyracuseNY13210
property at 229 Kellogg St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

229 Kellogg St

SyracuseNY13204

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.

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.

Syracuse, NY Local Guide

Cheapest Neighborhoods for Apartments in Syracuse, NY

Pricing Updated: 05/15/2026

Current apartment rentals in the Syracuse, NY area range in price from $699 to $8,295 with an overall median price of $3,753. The three Syracuse neighborhoods with the lowest median rent pricing are Strathmore at $1,075, South Valley at $860, and Lyncourt at $900. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Syracuse Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Strathmore$1,505$1,07517
South Valley$1,745$86054
Lyncourt$1,750$90012
Outer Comstock$1,760$69925
Galeville$1,775$70050
North Valley$1,792$86053
Sedgwick$1,800$75041
Valley$1,800$86066
Fairmount$1,805$1,19527
Northside$1,850$75072

Cheapest Available Syracuse Apartments for Rent

 

The cheapest available apartment rental in Syracuse, NY is a Studio unit found at Brownstone Luxury Studio Apartments in the Near Westside neighborhood priced from $845. Hidden Valley Apartments in the Elmwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Syracuse apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brownstone Luxury Studio ApartmentsStudioStudio,1BA$845
Hidden Valley ApartmentsHIDDEN VALLEY *Large Studio* Taking Applicatio...Studio,1BA$895
Courtyard at James1 Bedroom-Waitlist1BR,1BA$900
Victory at Syracuse4BR/1BA4BR,1BA$900
Thurber ApartmentsStudioStudio,1BA$920
Corbett Corner1 Bedroom, 1 Bathroom1BR,1BA$950
JJN Properties at Polk StreetStudiosStudio,1BA$950
Grant VillageSquire1BR,1BA$975
Lifestyle Apartments at SyracuseThe Gardens Studio (All Utilities Included)Studio,1BA$1,000
Nob Hill ApartmentsA11BR,1BA$1,015

Best Value Apartments for Rent in Syracuse, NY

As of May 15, 2026 the best value apartment in the Syracuse area is the $0.60 price per square foot 4X4 Model at University Village Apartments on Colvin in the in the Meadowbrook neighborhood starting from $1,025. The second greatest value Syracuse apartment is the Rose Model at Greenway Place starting at $1,675 with a $1.24 price per square foot in the University Hill neighborhood. Here is today’s list of the best values for Syracuse apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village Apartments on Colvin4X44BR,4BA$0.60
Greenway PlaceRose3BR,2.5BA$1.24
Waterbury Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1.18
Theory SyracuseC13BR,3BA$0.98
7776 Thompson Rd, Unit Upper unit7776 Thompson Rd2BR,1BA$1.29
The Flats at Vann StreetApartment #22BR,1BA$1.25
254 Furman St, Unit 2254 Furman St3BR,1BA$1.17
122 Meredith Ave, Unit 2122 Meredith Ave3BR,1BA$1.26
The Orchard at SoloSeed2BR,1.5BA$1.30
Corbett Corner1 Bedroom, 1 Bathroom1BR,1BA$1.15

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 Article
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Real 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.

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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

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Syracuse, NY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Jessica

February 25, 2025

Not only does it give a suburb feel with a downtown location in most neighborhoods, it features a large variety of cuisine, tons of entertainment options right in town, and yearround activities to enjoy.

Frequently Asked Questions about Syracuse

What type of rentals are currently available in Syracuse?

There are currently 1065 Apartments for Rent in Syracuse, NY with pricing that ranges from $699 to $8,295. There are also 126 Single Family Homes for rent, Condos, and Townhome rentals currently available in Syracuse ranging from $500 to $4,800.

What is the current price range for Rental Homes in Syracuse?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Syracuse ranges from $500 to $4,800 with an average monthly rent of $2,424.

How much are larger Three and Four Bedroom Rentals in Syracuse?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Syracuse range from $699 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $3,200. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $899.

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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.