Syracuse, NY Rental Market

Estimated LTR Rent $1,582 and STR $1,603

Overview

The LTR Genie Score of Syracuse, NY is 80 and STR Genie Score is 65, indicating a very high and high rating respectively. The high LTR Genie Score can be attributed to the strong LTR Net ROI of 42.27% and moderate LTR Rentability. On the other hand, the slightly lower STR Genie Score is likely due to the lower STR Net ROI of 37.21% and STR Occupancy rate of 53.33%.

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LTR Genie Score

STR Genie Score

Est. Rent LTR$1,582

Est. Rent STR$1,603

LTR Monthly Cash Flow

STR Monthly Cash Flow

LTR Annual Total Gain

STR Annual Total Gain

Appreciation8.27%

Job Growth0.01%

Population146,211

Properties for sale in Syracuse, NY, USA.

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Best Places to Live Ranking

Most Diverse Cities in America: ranked 62 out of 229 markets
Best Cities for Young Professionals in America: ranked 105 out of 229 markets
Cities with the Lowest Cost of Living in America: ranked 72 out of 229 markets

OverallB
Public SchoolC
Crime And SafetyD
HousingC
NightlifeA
Good For FamiliesB-
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute

Key Informations

Discover top real estate data on rental performance, market growth, and public schools. Ideal for investors and buyers aiming to evaluate suburbs, spot trends, and make smart, data-driven property decisions.

Short-Term Rental (STR) Regulations

In Syracuse, NY, Short Term Rental (STR) regulations are governed by the city's Zoning Code. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:

1. Zoning Restrictions: Syracuse has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.

2. Licensing and Registration: Property owners must obtain a permit from the city in order to operate a short term rental. This permit must be renewed annually and failure to obtain the necessary permit can result in fines and penalties.

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Market Trends Over Time

Explore market trends, pricing patterns, rentals, and insights

Explore 25 years of comprehensive market data, including median property prices, long-term rental prices, and days on market. Our in-depth analysis highlights price trends, rental performance, and market activity, revealing long-term patterns and cycles. Investors, property managers, and analysts can leverage these insights to identify growth opportunities, assess market stability, and make informed decisions. Understand how market dynamics have evolved to optimize rental strategies and property investments with confidence.

Median Price

Median Rent

Days on Market

Nearest Markets

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Similar Markets

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Syracuse, NY Rental Market

Overview

Properties for sale in Syracuse, NY, USA.

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Best Places to Live Ranking

Key Informations

Short-Term Rental (STR) Regulations

Market Trends Over Time

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