Most Affordable Neighborhoods in Syracuse, NY

Some of the cheapest neighborhoods in Syracuse are Valley, Nob Hill, and Eastwood. These neighborhoods offer some of the lowest rent prices in Syracuse, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Syracuse is $1,199, which is 2.6% 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

$1,098/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

35/100

Units Available

41 Rentals

Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Valley is $1,098 while the city average is $1,199. This is a 0.5% difference from last year. Residents enjoy convenient access to Hill Top Ranch, Sherwin-Williams Plaza, and Le Moyne College. The neighborhood is considered somewhat walkable with a WalkScore® of 54.

Nob Hill

Average Rent

$1,098/Month

TransitScore® Rating

38/100

Units Available

41 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Nob Hill. The average rent is $1,098, compared to the city average of $1,199. Nob Hill is convenient to Le Moyne College, Valley Plaza, and Clark Reservation State Park. The community is car-dependent with a WalkScore® of 24.

Eastwood

Average Rent

$1,148/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

35/100

Units Available

13 Rentals

Eastwood is an affordable neighborhood in Syracuse with an average rent price of $1,148. Compare this to the city average of $1,199. In the past year, rent prices have increased by 1.5%. Eastwood provides easy access to 3318 Burnet Ave, Le Moyne College, and Eastwood Shopping Plaza. It’s a somewhat walkable neighborhood with a WalkScore® of 67.

Hawley-Green Historic Dist

Average Rent

$1,161/Month

TransitScore® Rating

52/100

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Hawley-Green Historic Dist might be the perfect place! It has an average rent price of $1,161, while the city’s average stands at $1,199. Hawley-Green Historic Dist is near Rosamond Gifford Zoo, Rubenstein Museum of Science & Technology, and Teall Centre.

Little Italy

Average Rent

$1,405/Month

TransitScore® Rating

45/100

Units Available

21 Rentals

Little Italy is a top choice for budget-conscious renters for a variety of reasons. The average rent in Little Italy is $1,405 while the city average is $1,199. Residents enjoy convenient access to Clark Reservation State Park, Rubenstein Museum of Science & Technology, and Genesee Plaza. The neighborhood is considered walkable with a WalkScore® of 86.

Eastside

Average Rent

$1,409/Month

Year-Over-Year Rent Change

5.5%

TransitScore® Rating

47/100

Units Available

177 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Eastside. The average rent is $1,409, compared to the city average of $1,199. Rent prices have increased by 5.5%. Eastside is convenient to Rosamond Gifford Zoo, Julian Plaza, and Onondaga Community College. The community is somewhat walkable with a WalkScore® of 68.

Franklin Square

Average Rent

$1,461/Month

TransitScore® Rating

50/100

Units Available

23 Rentals

Franklin Square is an affordable neighborhood in Syracuse with an average rent price of $1,461. Compare this to the city average of $1,199. Franklin Square provides easy access to Camillus Erie Canal Park, Destiny USA, and Butternut Square. It’s a walkable neighborhood with a WalkScore® of 72.

Westside

Average Rent

$1,462/Month

Year-Over-Year Rent Change

5%

TransitScore® Rating

42/100

Units Available

23 Rentals

If you’re looking for a great, affordable neighborhood in Syracuse, Westside might be the perfect place! It has an average rent price of $1,462, while the city’s average stands at $1,199. In the last year, prices have increased by 5%. Westside is near Rosamond Gifford Zoo, Syracuse Hancock International, and Clark Reservation State Park.

Lakefront

Average Rent

$1,498/Month

Year-Over-Year Rent Change

2.6%

TransitScore® Rating

40/100

Units Available

30 Rentals

Lakefront is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakefront is $1,498 while the city average is $1,199. This is a -2.6% difference from last year. Residents enjoy convenient access to Rosamond Gifford Zoo, Old Liverpool, and Camillus Erie Canal Park. The neighborhood is considered somewhat walkable with a WalkScore® of 58.

Thornden Park

Average Rent

$1,528/Month

TransitScore® Rating

51/100

Units Available

28 Rentals

When you’re looking for a great Syracuse neighborhood on a budget, check out Thornden Park. The average rent is $1,528, compared to the city average of $1,199. Thornden Park is convenient to Green Lakes State Park, Price Chopper Market Center, and Rosamond Gifford Zoo. The community is somewhat walkable with a WalkScore® of 68.

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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.