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Rent Tracker
The average asking rent in Syracuse, NY is $1,619/month as of 2026-03. That is +6.2% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,619/mo
as of 2026-03
Year-over-Year Change
+6.2%
Monthly ZORI index values for Syracuse, NY.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,619 | +1.06% |
| 2026-02 | $1,602 | -0.25% |
| 2026-01 | $1,606 | +2.16% |
| 2025-12 | $1,572 | +0.38% |
| 2025-11 | $1,566 | +0.51% |
| 2025-10 | $1,558 | -0.76% |
| 2025-09 | $1,570 | +0.96% |
| 2025-08 | $1,555 | +0.71% |
| 2025-07 | $1,544 | +0.19% |
| 2025-06 | $1,541 | +0.20% |
| 2025-05 | $1,538 | +0.39% |
| 2025-04 | $1,532 | +0.52% |
| 2025-03 | $1,524 | -0.52% |
| 2025-02 | $1,532 | +0.72% |
| 2025-01 | $1,521 | +0.80% |
| 2024-12 | $1,509 | +1.82% |
| 2024-11 | $1,482 | +0.27% |
| 2024-10 | $1,478 | +0.14% |
| 2024-09 | $1,476 | -0.14% |
| 2024-08 | $1,478 | +0.34% |
| 2024-07 | $1,473 | +0.68% |
| 2024-06 | $1,463 | +0.76% |
| 2024-05 | $1,452 | +0.35% |
| 2024-04 | $1,447 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report