Rent comparison · HUD FY2026
Syracuse, NY MSA vs Albany-Schenectady-Troy, NY MSA
How do Syracuse, NY MSA and Albany-Schenectady-Troy, NY MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $1,123
- Syracuse, NY MSA (1BR)
- $1,417
- Albany-Schenectady-Troy, NY MSA (1BR)
- −21%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Syracuse, NY MSA is 21% cheaper than Albany-Schenectady-Troy, NY MSA at the HUD Fair Market Rent level ($1,123 vs $1,417). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Syracuse, NY MSA | Albany-Schenectady-Troy, NY MSA | Difference |
|---|---|---|---|
| Studio | $995 | $1,217 | −$222 (-18%) |
| 1 Bedroom | $1,123 | $1,417 | −$294 (-21%) |
| 2 Bedroom | $1,392 | $1,702 | −$310 (-18%) |
| 3 Bedroom | $1,691 | $2,041 | −$350 (-17%) |
| 4 Bedroom | $1,848 | $2,253 | −$405 (-18%) |
vs US National Average
National average 1BR: $959. Syracuse, NY MSA is 17% above the US average. Albany-Schenectady-Troy, NY MSA is 48% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).