Salem vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 39% cheaper for renters. A 2-bedroom rents for $820/mo vs $1,137/mo in Salem — saving $3,804/year.
Rent by Unit Size
| Unit Size | Salem | Syracuse | Difference |
|---|---|---|---|
| Studio | $741 | $546 | $195 |
| 1 Bedroom | $913 | $686 | $227 |
| 2 Bedrooms | $1,137 | $820 | $317 |
| 3 Bedrooms | $1,411 | $1,051 | $360 |
| 4 Bedrooms | $1,615 | $1,207 | $408 |
| Median Income | $53,953 | $42,142 | $11,811 |
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/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 Salem or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $1,137/mo in Salem. That's $317/mo or $3,804/year more expensive in Salem (39% higher).
What is the 2-bedroom rent in Salem vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Salem is $1,137/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Salem and Syracuse?
The median household income in Salem is $53,953/year. In Syracuse it is $42,142/year. Salem has the higher median income.
What is the studio rent in Salem vs Syracuse?
A studio apartment Fair Market Rent in Salem is $741/mo. In Syracuse it is $546/mo.