Affordable
Expensive
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These days, finding an affordable place to live in the South Valley area can be challenging. Home prices in South Valley are now at a median cost of $134,855, lower than the Syracuse average of $194,604.
The average cost of rent is $1,232/mo in South Valley, primarily driven by the current value of real estate in the South Valley area. In South Valley, 37.80% of households rent, and 45.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Valley is $5,095 per month. Households that rent pay about 24.18% of their income on rent here. South Valley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- North Valley, Syracuse, NY: less expensive homes
- Outer Comstock, Syracuse, NY: equally priced homes
- Elmwood, Syracuse, NY: less expensive homes
- Brighton, Syracuse, NY: less expensive homes
- University-Syracuse, Syracuse, NY: higher priced homes
- Strathmore, Syracuse, NY: higher priced homes
- Southwest, Syracuse, NY: less expensive homes
- University Hill, Syracuse, NY: higher priced homes
- Westcott, Syracuse, NY: higher priced homes
- Skunk City, Syracuse, NY: less expensive homes
Neighborhoods with Similar Populations
- Jacksonville Heights West, Jacksonville, FL: higher priced homes
- Stanford, Roseville, CA: higher priced homes
- Southwest Garden, St. Louis, MO: higher priced homes
- Sam Hughes, Tucson, AZ: higher priced homes
- Riverdale, Detroit, MI: less expensive homes
- Plum Orchard, New Orleans, LA: equally priced homes
- Nashua Historic District, Nashua, NH: higher priced homes
- Mt Vernon Park, Lawrence, MA: higher priced homes
- Kilbourn Town, Milwaukee, WI: higher priced homes
- Kenawood-Rockwood, Lexington, KY: higher priced homes
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