Cheap Homes for Rent in Syracuse, NY from $500 (20 Rentals)

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

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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 131 Dell St

131 Dell St

SyracuseNY13210

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 153 Hudson St

153 Hudson St

SyracuseNY13204

Syracuse, NY Local Guide

Cheapest Neighborhoods for Apartments in Syracuse, NY

Pricing Updated: 07/25/2025

Current apartment rentals in the Syracuse, NY area range in price from $500 to $3,950 with an overall median price of $2,470. The three Syracuse neighborhoods with the lowest median rent pricing are Downtown at $1,100, Far Westside at $795, and Lakefront at $795. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Syracuse Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown$1,887$1,1003
Far Westside$2,150$7954
Lakefront$2,150$7953
Valley$2,150$1,5001
Lyncourt$2,200$1,8754
Northside$2,200$1,20010
Washington Square$2,200$1,2005
Near Northeast$2,300$70013
Westvale$2,325$7956
University Hill$2,347$50011

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. Thurber Apartments in the Elmwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here is today’s list of the most affordable Syracuse apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brownstone Luxury Studio ApartmentsStudioStudio,1BA$845
Thurber ApartmentsStudioStudio,1BA$865
Grant VillageSquire1BR,1BA$895
Victory at Syracuse4BR/1BA4BR,1BA$900
Nob Hill1 Bedroom1BR,1BA$930

Best Value Apartments for Rent in Syracuse, NY

As of July 25, 2025 the best value apartment in the Syracuse area is the $1.02 price per square foot 3 Bedroom Model at Eagles Pointe Townhomes in the starting from $1,839. The second greatest value Syracuse apartment is the 2 Bedroom/ 2 Bath Model at The Bradford starting at $1,900 with a $1.14 price per square foot in the Meadowbrook 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.
Eagles Pointe Townhomes3 Bedroom3BR,2BA$1.02
The Bradford2 Bedroom/ 2 Bath2BR,2BA$1.14
Franklin View Terrace2 Bedroom & 2 Bathroom2BR,2BA$1.07
715 N McBride St, Unit 2nd Floor715 N McBride St2BR,1BA$1.04
Classic AmericanRockaway2BR,1BA$0.92
Fayetteville Pines Townhouses3 Bed/1 Bath Utilities Included3BR,1BA$1.25
The Orchard at SoloSeed2BR,1.5BA$1.30
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1.22
1624 W Onondaga St, Unit Upper west unit1624 W Onondaga St2BR,1BA$1.29
122 Meredith Ave, Unit 3122 Meredith Ave1BR,1BA$1.25

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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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 1027 Apartments for Rent in Syracuse, NY with pricing that ranges from $699 to $8,245. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Syracuse ranging from $500 to $3,950.

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 $3,950 with an average monthly rent of $1,732.

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 $3,950. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $824.

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.

decorative image for Your Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Syracuse, NY article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.