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These days, finding an affordable place to live in the Syracuse area can be challenging. Home prices in Syracuse are now at a median cost of $273,662, higher than the Indiana average of $232,932.
The average cost of rent is $1,078/mo in Syracuse, primarily driven by the current value of real estate in the Syracuse area. In Syracuse, 17.40% of households rent, and 43.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Syracuse is $6,547 per month. Households that rent pay about 16.47% of their income on rent here. Syracuse’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indian Village, IN: less expensive homes
- Enchanted Hills, IN: less expensive homes
- Cromwell, IN: less expensive homes
- Milford, IN: less expensive homes
- North Webster, IN: less expensive homes
- Milford Junction, IN: equally priced homes
- Leesburg, IN: equally priced homes
- New Paris, IN: equally priced homes
- Oswego, IN: equally priced homes
- Clunette, IN: equally priced homes
Cities with Similar Populations
- Ridley Park, PA: equally priced homes
- Millis, MA: higher priced homes
- Monrovia, MD: higher priced homes
- Moorestown, NJ: higher priced homes
- Murphy, MO: less expensive homes
- Putnam, CT: equally priced homes
- Quincy, WA: higher priced homes
- Redding, CT: higher priced homes
- Richboro, PA: higher priced homes
- Richfield, UT: higher priced homes
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