Syracuse, NY MSA
FY 2026 HUD Fair Market Rents for the Syracuse, NY MSA metro area. Population: 658,694.
Fair Market Rents (2026)
Studio
National avg: $893
$995/mo
↑ 3.3% YoY
+11% vs US
1 Bedroom
National avg: $959
$1,123/mo
↑ 4.6% YoY
+17% vs US
2 Bedroom
National avg: $1,175
$1,392/mo
↑ 5.4% YoY
+18% vs US
3 Bedroom
National avg: $1,525
$1,691/mo
↑ 4.6% YoY
+11% vs US
4 Bedroom
National avg: $1,756
$1,848/mo
↑ 1.5% YoY
+5% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $963 | $995 | +$32 (+3.3%) |
| 1 Bedroom | $1,074 | $1,123 | +$49 (+4.6%) |
| 2 Bedroom | $1,321 | $1,392 | +$71 (+5.4%) |
| 3 Bedroom | $1,616 | $1,691 | +$75 (+4.6%) |
| 4 Bedroom | $1,821 | $1,848 | +$27 (+1.5%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$44,920
$3,743/month gross
Required annual income for 2 BR
$55,680
$4,640/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.