Mortgage Payment Calculator for Syracuse, NY
Updated 2026 · Local data pre-filled
The median home price in Syracuse, NY is $175,000, with an effective property tax rate of 2.40% — higher than the national average of 1.10%. We've pre-filled the calculator with local figures so your estimate reflects what buyers actually pay in Syracuse.
✓ Calculator below is pre-filled with Syracuse local data
How Syracuse Compares to the National Average
Understanding how Syracuse stacks up helps you calibrate your financial planning.
| Metric | Syracuse, NY | US Average | Difference |
|---|---|---|---|
| Median Home Price | $175,000 | $420,800 | -58.4% |
| Median Monthly Rent | $1,050 | $1,713 | -38.7% |
| Median Household Income | $52,200 | $74,580 | -30.0% |
| Property Tax Rate | 2.40% | 1.10% | +118.2% |
| Cost of Living Index | 86 | 100 | -14.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Syracuse Financial Snapshot
- Population (Metro)
- 660,000
- Unemployment
- 4.6%
- Avg Commute
- 22 min
- Median Age
- 35.8
- Price-to-Rent Ratio
- 13.9x
- Annual Property Tax
- $4,200
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Frequently Asked Questions — Syracuse
What is the median home price in Syracuse, NY?
The median home price in Syracuse is $175,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Syracuse?
Median monthly rent in Syracuse is $1,050. That works out to $12,600/year, or 24% of the median household income — within the commonly recommended 30% of income guideline.
Is Syracuse affordable?
Syracuse's cost of living index is 86 vs. the national average of 100. With a median household income of $52,200/year and a median home price of $175,000, the price-to-income ratio is 3.4x. Syracuse remains relatively affordable compared to many US metros.
What is the property tax rate in Syracuse?
The effective property tax rate in Syracuse is 2.40% of assessed value. On the median home of $175,000, that's roughly $4,200/year ($350/month).