Most Affordable Neighborhoods in Syracuse - 2026 Data
The median home value in Syracuse is $117,900, 58% below nat'l avg. Median rent is $858/month. With an affordability index of 119, Syracuse is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Syracuse, NY area.
Key Takeaways: Affordability in Syracuse
- 1The most affordable neighborhood in Syracuse is Sleepy Hollow village, with a median home value of $744,500.
- 2Syracuse's median home value is $117,900, 58% below nat'l avg (national: $281,900).
- 3Syracuse's affordability index is 119 (baseline 100), making it more affordable than the national average.
- 4Median rent in Syracuse is $858/month, 26% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Syracuse to find the most affordable areas based on home values, rent, and affordability index.
Syracuse Affordability Overview
Median Home Value
$117,900
58% below nat'l avg
Median Rent
$858/mo
26% below nat'l avg
Median Income
$43,584
42% below nat'l avg
Affordability Index
119
19% above nat'l avg
Most Affordable Neighborhoods in Syracuse (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Sleepy Hollow villageNY | $744,500 |
| 2 | New Hyde Park villageNY | $695,100 |
| 3 | Hempstead villageNY | $421,300 |
| 4 | White PlainsNY | $612,800 |
| 5 | Lake Grove villageNY | $497,500 |
| 6 | Woodbury villageNY | $400,400 |
| 7 | OneontaNY | $170,900 |
| 8 | YonkersNY | $456,500 |
| 9 | SchenectadyNY | $140,000 |
| 10 | GenevaNY | $123,100 |
| 11 | TroyNY | $177,100 |
| 12 | BinghamtonNY | $117,400 |
| 13 | Depew villageNY | $159,700 |
| 14 | Freeport villageNY | $444,300 |
| 15 | Airmont villageNY | $626,400 |