New York-Newark-Jersey City vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 180% cheaper for renters. A 2-bedroom rents for $820/mo vs $2,293/mo in New York-Newark-Jersey City — saving $17,676/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | Syracuse | Difference |
|---|---|---|---|
| Studio | $1,531 | $546 | $985 |
| 1 Bedroom | $1,813 | $686 | $1,127 |
| 2 Bedrooms | $2,293 | $820 | $1,473 |
| 3 Bedrooms | $2,674 | $1,051 | $1,623 |
| 4 Bedrooms | $3,167 | $1,207 | $1,960 |
| Median Income | $124,777 | $42,142 | $82,635 |
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,473/mo or $17,676/year more expensive in New York-Newark-Jersey City (180% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between New York-Newark-Jersey City and Syracuse?
The median household income in New York-Newark-Jersey City is $124,777/year. In Syracuse it is $42,142/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Syracuse?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Syracuse it is $546/mo.