Best Affordable Neighborhoods in Syracuse, NY

Some of the cheapest neighborhoods in Syracuse are Franklin Square, Lakefront, and Eastside. These neighborhoods offer some of the lowest rent prices in Syracuse, making them ideal for renters on a budget. As of May 2, 2026, the average rent in Syracuse is $1,247, which is 1.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Franklin Square

Average Rent

$1,516/Month

Units Available

23 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Franklin Square. The average rent is $1,516, compared to the city average of $1,247. Franklin Square is convenient to Camillus Erie Canal Park, Butternut Square, and Le Moyne College.

Lakefront

Average Rent

$1,530/Month

Year-Over-Year Rent Change

0.1%

Units Available

28 Rentals

Lakefront is an affordable neighborhood in Syracuse with an average rent price of $1,530. Compare this to the city average of $1,247. In the past year, rent prices have decreased by 0.1%. Lakefront provides easy access to Destiny USA, Old Liverpool, and Clark Reservation State Park.

Eastside

Average Rent

$1,591/Month

Year-Over-Year Rent Change

1.4%

Units Available

182 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Eastside might be the perfect place! It has an average rent price of $1,591, while the city’s average stands at $1,247. In the last year, prices have increased by 1.4%. Eastside is near Onondaga Community College, Hill Top Ranch, and Julian Plaza.

Westside

Average Rent

$1,607/Month

Year-Over-Year Rent Change

1%

Units Available

50 Rentals

Westside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westside is $1,607 while the city average is $1,247. This is a 1% difference from last year. Residents enjoy convenient access to Syracuse University, Upstate Medical University, and Genesee Plaza.

Northside

Average Rent

$1,666/Month

Units Available

93 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Northside. The average rent is $1,666, compared to the city average of $1,247. Rent prices have increased by 0%. Northside is convenient to Syracuse Hancock International, Onondaga Community College, and Clark Reservation State Park.

Southside

Average Rent

$1,730/Month

Year-Over-Year Rent Change

0.1%

Units Available

37 Rentals

Southside is an affordable neighborhood in Syracuse with an average rent price of $1,730. Compare this to the city average of $1,247. In the past year, rent prices have decreased by 0.1%. Southside provides easy access to Rosamond Gifford Zoo, Geddes Street Plaza, and Upstate Medical University.

Fairmount

Average Rent

$1,800/Month

Year-Over-Year Rent Change

2.8%

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Fairmount might be the perfect place! It has an average rent price of $1,800, while the city’s average stands at $1,247. In the last year, prices have increased by 2.8%. Fairmount is near Camillus Erie Canal Park, Onondaga Community College, and Fairmount Fair.

Downtown Syracuse

Average Rent

$1,863/Month

Year-Over-Year Rent Change

2%

Units Available

124 Rentals

Downtown Syracuse is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Syracuse is $1,863 while the city average is $1,247. This is a 2% difference from last year. Residents enjoy convenient access to Geddes Street Plaza, Genesee Plaza, and Onondaga Community College.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.