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Syracuse one-bedroom apartment rent prices rise 2 percent in June, but remain flat year over year

SYRACUSE, N.Y. — The median rental price for most apartments in the Syracuse metro area was up more than 2 percent in June from the prior month but was unchanged from a year ago. That’s according to the latest Zumper National Rent Report, issued on June 27. The median rental price of one-bedroom apartments in […]

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SYRACUSE, N.Y. — The median rental price for most apartments in the Syracuse metro area was up more than 2 percent in June from the prior month but was unchanged from a year ago.

That’s according to the latest Zumper National Rent Report, issued on June 27.

The median rental price of one-bedroom apartments in the Syracuse region was $930 in June, up 2.2 percent from $910 in May, but unchanged from the $930 median price posted in June 2022, according to Zumper, an apartment-rental listings website.

The median rental rate for two-bedroom units in the Syracuse area was $1,200 in June, up 3.4 percent from $1,160 in May, but down 2.4 percent from $1,230 in the year-earlier month.

Syracuse now ranks as tied for the 88th most expensive rental market (or tied for 11th least expensive) among the top 100 metro areas by population, according to the report.

The Zumper National Rent Report analyzes rental data from more than 1 million active listings across the U.S. The company aggregates the data monthly to calculate median asking rents for the top 100 metro areas.

Jornal Staff