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These days, finding an affordable place to live in the Southwest area can be challenging. Home prices in Southwest are now at a median cost of $85,755, lower than the Syracuse average of $194,604.
The average cost of rent is $822/mo in Southwest, primarily driven by the current value of real estate in the Southwest area. In Southwest, 82.33% of households rent, and 54.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Southwest is $2,246 per month. Households that rent pay about 36.60% of their income on rent here. Southwest’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Near Westside, Syracuse, NY: higher priced homes
- Brighton, Syracuse, NY: equally priced homes
- Downtown Syracuse, Syracuse, NY: higher priced homes
- University Hill, Syracuse, NY: higher priced homes
- Skunk City, Syracuse, NY: equally priced homes
- Strathmore, Syracuse, NY: higher priced homes
- Elmwood, Syracuse, NY: higher priced homes
- Near Eastside, Syracuse, NY: higher priced homes
- Westside, Syracuse, NY: higher priced homes
- Outer Comstock, Syracuse, NY: higher priced homes
Neighborhoods with Similar Populations
- Cloverdale Watson, Little Rock, AR: higher priced homes
- Thomasboro-Hoskins, Charlotte, NC: higher priced homes
- Tollgate Overlook, Aurora, CO: higher priced homes
- Tree Streets, Provo, UT: higher priced homes
- El Cerritos, San Diego, CA: higher priced homes
- Treme' Lafitte, New Orleans, LA: higher priced homes
- University Park-Gainsville, Gainesville, FL: higher priced homes
- Uptown, Milwaukee, WI: higher priced homes
- Cutten, Eureka, CA: higher priced homes
- Covell Park, Davis, CA: higher priced homes
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