Housing
Home prices and rent in Syracuse
Median home values, rents and incomes from the U.S. Census Bureau, compared with New York and the U.S.
Census geography: Syracuse city, New York. These survey estimates are not current listing prices.
Syracuse vs. New York and the U.S.
| Syracuse | New York | U.S. | |
|---|---|---|---|
| Median home value | $138,400 | $423,800 | $332,700 |
| Median rent (monthly) | $1,039 | $1,621 | $1,413 |
| Median household income | $47,819 | $85,974 | $80,734 |
| Homes owned by occupants | 42% | 54% | 65% |
| Median year built | 1948 | 1959 | 1980 |
Ten years of change
| 2014 | 2019 | 2024 | |
|---|---|---|---|
| Median home value | $87,800 | $94,400 | $138,400 |
| Median rent (monthly) | $719 | $814 | $1,039 |
| Median household income | $31,566 | $38,276 | $47,819 |
Fair Market Rents (HUD, fiscal year 2027)
Syracuse, NY MSA · Onondaga County. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.
Large figures are the metro-area Fair Market Rent.
Income limits (HUD, fiscal year 2026)
Area median family income: $106,800. Households at or under these incomes can qualify for many housing programs; check each program's own rules.
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low income (80%) | $59,850 | $68,400 | $76,950 | $85,450 | $92,300 | $99,150 | $106,000 | $112,800 |
| Very low income (50%) | $37,400 | $42,750 | $48,100 | $53,400 | $57,700 | $61,950 | $66,250 | $70,500 |
| Extremely low income (30%) | $22,450 | $25,650 | $28,850 | $33,000 | $38,680 | $44,360 | $50,040 | $55,720 |
Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 9, 2026.
Questions
What is the median home value in Syracuse?
$138,400, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $423,800 in New York and $332,700 nationally.
How much is rent in Syracuse?
Median gross rent (rent plus utilities) is $1,039 a month, versus $1,621 statewide.
How much have home values risen in Syracuse?
The median home value went from $87,800 in 2014 to $138,400 in 2024 (+58%).
What is fair market rent in Syracuse?
HUD's fiscal year 2027 Fair Market Rent for the Syracuse, NY MSA is $1,050 for a studio, $1,196 for one bedroom and $1,493 for two bedrooms. These are HUD program benchmarks, not asking rents.
Are these current market prices?
No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.
U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Syracuse city, New York. Values are estimates with margins of error.