Cheap Apartments for Rent in the South Valley Neighborhood of Syracuse, NY from $700 (24 Rentals)

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

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.

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Thurber Apartments
Studio to 2 Bedroom Apartments

Thurber Apartments

103-113 Remington AveSyracuse, NY 13210

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.

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120 Crippen Pl
2 Bedroom Apartments

120 Crippen Pl

120 Crippen PlSyracuse, NY 13205
  • Utilities Included
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Greenwich Manor Apartments
1 to 2 Bedroom Apartments

Greenwich Manor Apartments

683 E Seneca TpkeSyracuse, NY 13205
Student Housing
  • Utilities Included

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.

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South Valley, Syracuse, NY Local Guide

Cheapest Available South Valley Apartments for Rent

 

The cheapest available apartment rental in the South Valley area of Syracuse, NY is a Studio unit found at Hidden Valley Apartments priced from $895. Thurber Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here are the most affordable South Valley apartments for rent in Syracuse, NY:

Apartment ListingModel NameBed/BathPriced From
Hidden Valley ApartmentsHIDDEN VALLEY *Large Studio* Taking Applicatio...Studio,1BA$895
Thurber ApartmentsStudioStudio,1BA$920
Nob Hill ApartmentsA11BR,1BA$1,015
Classic AmericanRockaway2BR,1BA$1,100
The IkonStudio /1 BathStudio,1BA$1,150

Best Value Apartments for Rent in South Valley, NY

As of June 15, 2026 the best value apartment in the South Valley area is the $0.92 price per square foot Rockaway Model at Classic American in the in the Elmwood neighborhood starting from $1,100. The second greatest value South Valley apartment is the 122 Meredith Ave Model at 122 Meredith Ave, Unit 2 starting at $1,450 with a $1.26 price per square foot in the South Valley neighborhood. Here is today’s list of the best values for South Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Classic AmericanRockaway2BR,1BA$0.92
122 Meredith Ave, Unit 2122 Meredith Ave3BR,1BA$1.26
Newbury Apartment Homes2 Bd Luxury2BR,1BA$1.40
Nob Hill ApartmentsB12BR,1.5BA$1.60
Thurber Apartments2 Bed 1 Bath2BR,1BA$1.69
The IkonStudio /1 BathStudio ,1BA$2.30
Hidden Valley ApartmentsHIDDEN VALLEY *Large Studio* Taking Applicatio...Studio ,1BA$2.34

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.

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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
South Valley, Syracuse, NY

Ranked #23

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
South Valley, Syracuse, NY

School data provided by Great Schools

Frequently Asked Questions about Cheap South Valley Apartments

What is a cheap apartment in South Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Valley is under $1,295.

What is the price of a cheap apartment in South Valley?

The cheapest apartment in South Valley is Hidden Valley Apartments which is listed at $945, while the average apartment in South Valley costs $1,745.

What types of apartments are the cheapest in South Valley?

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 32 regular apartments in South Valley 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 South Valley?

Cheap apartments in South Valley have an average cost of $781 which is $964 cheaper than the average rent for all rentals in South Valley.

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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.