One-bedroom apartments in Syracuse averaged $922 per month in Q1 2026 — up 14 percent from $810 in Q1 2024. Two-bedrooms averaged $1,087. Three-bedrooms, $1,241. Those are median asking rents across Onondaga County, weighted by unit count.
The number that matters more than the metro median is the hyperlocal number — what rents a block away are actually clearing. Syracuse has enough internal variation that a $200 swing between adjacent neighborhoods is routine. A 2-bedroom in Westcott doesn’t rent like a 2-bedroom in the Valley. A single-family on Strathmore Boulevard doesn’t price like one three miles east in Nedrow.
Here’s where rents actually are, by area, based on units that actually leased in the past 12 months.
Syracuse City — By Neighborhood
University Hill, Westcott, and Euclid corridors (13210, 13210): $1,100 to $1,450 for 2-bedrooms near Syracuse University. This is the student and young professional market, with leases running August to August. Demand here is structural and relatively price-inelastic — parents co-sign, universities send new tenants every fall.
Strathmore, Sedgwick, and the northern residential neighborhoods (13207, 13209): $1,050 to $1,350 for 2-bedrooms, $1,200 to $1,550 for 3-bedrooms in the better-maintained single-family stock. These are the family neighborhoods where tenants stay 2 to 4 years. Lower turnover, better maintenance behavior, and no lease-timing gamble.
Eastwood and the east side (13206): $900 to $1,200 for 2-bedrooms. The corridor has seen steady rent growth since 2021, partly from spillover demand from Strathmore and partly from Micron-related migration toward quality housing in the eastern suburbs. Some blocks have gone from rougher to stabilized in the last 3 years.
Tipperary Hill and the west side (13204): $850 to $1,100 for 2-bedrooms. Strong Irish-American community character, blue-collar tenant base. Properties run by attentive owners hold occupancy well. The corridor is less affected by student seasonality than University Hill.
South Side and Valley (13205, 13207): $750 to $950 for 2-bedrooms. This is the highest-yield corridor in the Syracuse market on an acquisition cost basis, and the most management-intensive. Tenants here are price-sensitive and often have complicated rental histories. Screening matters more here than anywhere else.
Downtown, Near Westside, and Franklin Square: $1,100 to $1,600 depending on renovation level. Newer renovation and amenities push rents toward the top of the range. Tenant base skews toward young professionals without cars. Vacancy risk is higher here than in the residential neighborhoods when economic conditions soften.
Suburbs
Liverpool, Baldwinsville, and the North Shore (13088, 13027): $1,100 to $1,400 for 2-bedrooms, $1,300 to $1,600 for 3-bedroom single-family homes. Liverpool and the Clay corridor have seen the most aggressive rent growth in the metro area since the Micron announcement. The period from Q3 2023 to Q4 2024 saw 2-bedroom asking rents in Clay specifically rise from $1,050 to $1,280 — a 22 percent increase in five quarters.
Camillus and the West Genesee district (13031): $1,150 to $1,500 for 2-bedrooms, $1,300 to $1,700 for 3-bedrooms in the district. The school district premium is real and measurable — the same unit 0.3 miles apart, one in WG and one out, has historically rented for $100 to $150 more in the district. That gap has widened slightly since 2023.
Manlius, Fayetteville, and the FM district (13104, 13066): $1,200 to $1,550 for 2-bedrooms. The FM school district is the strongest school premium in the metro. Families pay it and stay. Single-family rentals in the FM district rarely sit vacant for more than 3 weeks at market pricing.
DeWitt and East Syracuse (13057, 13057): $1,050 to $1,350 for 2-bedrooms. Proximity to I-481 and the Carrier Circle commercial corridor. Logistics, distribution, and healthcare workers dominate the tenant base. Stable demand, few surprises.
Oneida County
Utica: $650 to $900 for 2-bedrooms in most neighborhoods. The Wolfspeed facility in Marcy added 15 to 20 percent to new-lease demand in the neighborhoods closest to Route 49. As of early 2026, the tightest submarket in Utica is the quadrant north of Oriskany Boulevard, where Wolfspeed workers have absorbed most of the available single-family rental inventory.
Rome: $700 to $1,050 depending on distance from Griffiss Tech Park. Defense and tech workers at AFRL and contractor firms have historically kept the Griffiss area submarket at a consistent premium of $100 to $175 over comparable units in other Rome neighborhoods.
New Hartford: $1,050 to $1,350 for 2-bedrooms. The upscale suburb of Utica, with the New Hartford Central School District drawing family tenants who behave more like Strathmore or Manlius tenants than Utica city tenants.
What the Micron Effect Has Done
The construction and pre-opening phase of Micron’s Clay facility added an estimated 3,200 construction workers to the regional economy beginning in late 2023. RV parks filled. Extended-stay hotels ran at 95 percent occupancy. The overflow pushed workers into 30, 60, and 90-day furnished rentals across the northern suburbs.
That initial pressure has moderated somewhat as more workers have settled into longer-term arrangements. The sustained effect — engineers, supply chain managers, permanent Micron employees — will hit the market more fully starting in 2026 as the fab moves toward production-level staffing. Micron has publicly committed to hiring 9,000 employees over the life of the project. The first 2,000 permanent positions are expected to be filled by 2027.
At current salary levels for chip manufacturing engineers in New York ($95,000 to $130,000 median), most Micron employees will afford rents of $2,000 to $2,800 per month. The Clay and Liverpool rental market doesn’t have enough 3-bedroom single-family homes at that price point to absorb the demand. The gap between available supply and incoming demand is already creating bidding pressure on mid-range rental stock.
As of April 2026, Onondaga County recorded 847 new multi-family units under construction — the highest pipeline count since 2008.
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