Rent in Syracuse, NY at a glance
2-bedroom rent (HUD)
$1,392$16,704 a year · HUD fiscal year 2026From October 1, 2026: $1,493 (+7.3%)How much rent can you afford in Syracuse, NY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Syracuse, NY by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $995 | $11,940 | $39,800 | $19.13/hr |
| 1 bedroom | $1,123 | $13,476 | $44,920 | $21.60/hr |
| 2 bedroomsMost searched | $1,392 | $16,704 | $55,680 | $26.77/hr |
| 3 bedrooms | $1,691 | $20,292 | $67,640 | $32.52/hr |
| 4 bedrooms | $1,848 | $22,176 | $73,920 | $35.54/hr |
Cost of living in Syracuse, NY: income, prices and a budget →
Living and working in Syracuse, NY
Rent in Syracuse, NY: common questions
How much is rent going up in Syracuse, NY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,493 for a two-bedroom, up 7.3% from $1,392. A one-bedroom goes from $1,123 to $1,196, a studio from $995 to $1,050.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Syracuse, NY?
HUD's Fair Market Rent for 2026 is $1,123 for a one-bedroom and $1,392 for a two-bedroom, utilities included. That is $16,704 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Syracuse, NY?
To keep a $1,392 two-bedroom at 30% of gross pay, one full-time worker needs $26.77 an hour, or $55,680 a year. A one-bedroom at $1,123 takes $21.60 an hour.
How much is a 1, 2 or 3-bedroom apartment in Syracuse, NY?
At HUD's 2026 Fair Market Rent: studio $995, one bedroom $1,123, two $1,392, three $1,691 and four $1,848 a month.
Is rent affordable in Syracuse, NY?
For the typical household, earning $47,819 a year ($3,985 a month, Census ACS), a two-bedroom at $1,392 takes 34.9% of income. Under 30% is the usual line for affordable; this is over it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,392 × 12) ÷ 0.30 = $55,680. Divided by 2,080 working hours, that is $26.77 an hour.