Most Affordable Neighborhoods in Syracuse, NY
Some of the cheapest neighborhoods in Syracuse are Valley, Nob Hill, and Hawley-Green Historic Dist. These neighborhoods offer some of the lowest rent prices in Syracuse, making them ideal for renters on a budget. As of September 17, 2025, the average rent in Syracuse is $1,215, which is 3.1% 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.
Valley
Average Rent
$1,168/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
35/100
Units Available
43 Rentals
Valley is an affordable neighborhood in Syracuse with an average rent price of $1,168. Compare this to the city average of $1,215. In the past year, rent prices have increased by 0.8%. Valley provides easy access to Valley Plaza, Onondaga Community College, and Syracuse Hancock International. It’s a somewhat walkable neighborhood with a WalkScore® of 54.
Nob Hill
Average Rent
$1,173/Month
TransitScore® Rating
38/100
Units Available
42 Rentals
If you’re looking for a great, affordable neighborhood in Syracuse, Nob Hill might be the perfect place! It has an average rent price of $1,173, while the city’s average stands at $1,215. Nob Hill is near Syracuse Hancock International, Onondaga Community College, and Syracuse University.
Hawley-Green Historic Dist
Average Rent
$1,173/Month
TransitScore® Rating
52/100
Units Available
10 Rentals
Hawley-Green Historic Dist is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hawley-Green Historic Dist is $1,173 while the city average is $1,215. Residents enjoy convenient access to Rubenstein Museum of Science & Technology, Le Moyne College, and Teall Centre. The neighborhood is considered walkable with a WalkScore® of 84.
Little Italy
Average Rent
$1,408/Month
TransitScore® Rating
45/100
Units Available
18 Rentals
When you’re looking for a great Syracuse neighborhood on a budget, check out Little Italy. The average rent is $1,408, compared to the city average of $1,215. Little Italy is convenient to Erie Canal Museum, Butternut Square, and Camillus Erie Canal Park. The community is walkable with a WalkScore® of 86.
Southside
Average Rent
$1,438/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
46/100
Units Available
10 Rentals
Southside is an affordable neighborhood in Syracuse with an average rent price of $1,438. Compare this to the city average of $1,215. In the past year, rent prices have decreased by 0.2%. Southside provides easy access to Syracuse Hancock International, Rosamond Gifford Zoo, and Geddes Street Plaza. It’s a somewhat walkable neighborhood with a WalkScore® of 60.
Eastwood
Average Rent
$1,444/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
35/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Syracuse, Eastwood might be the perfect place! It has an average rent price of $1,444, while the city’s average stands at $1,215. In the last year, prices have increased by 0.8%. Eastwood is near Upstate Medical University, Green Lakes State Park, and Syracuse University.
Franklin Square
Average Rent
$1,469/Month
TransitScore® Rating
50/100
Units Available
28 Rentals
Franklin Square is a top choice for budget-conscious renters for a variety of reasons. The average rent in Franklin Square is $1,469 while the city average is $1,215. Residents enjoy convenient access to Destiny USA, Genesee Plaza, and Onondaga Community College. The neighborhood is considered walkable with a WalkScore® of 72.
Westside
Average Rent
$1,500/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
42/100
Units Available
45 Rentals
When you’re looking for a great Syracuse neighborhood on a budget, check out Westside. The average rent is $1,500, compared to the city average of $1,215. Rent prices have increased by 3.8%. Westside is convenient to Clark Reservation State Park, Syracuse University, and Westvale Plaza. The community is walkable with a WalkScore® of 72.
Lakefront
Average Rent
$1,520/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
40/100
Units Available
36 Rentals
Lakefront is an affordable neighborhood in Syracuse with an average rent price of $1,520. Compare this to the city average of $1,215. In the past year, rent prices have increased by 1.7%. Lakefront provides easy access to Erie Canal Museum, Genesee Plaza, and Rubenstein Museum of Science & Technology. It’s a somewhat walkable neighborhood with a WalkScore® of 58.
Thornden Park
Average Rent
$1,537/Month
TransitScore® Rating
51/100
Units Available
34 Rentals
If you’re looking for a great, affordable neighborhood in Syracuse, Thornden Park might be the perfect place! It has an average rent price of $1,537, while the city’s average stands at $1,215. Thornden Park is near Syracuse Hancock International, Teall Centre, and Price Chopper Market Center.
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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.