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RE Intelligence

Rental numbers for Onondaga County, NY

The typical home here runs -$1,116 a month at 7.78% with 25% down. 0 of 13 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%.

Gross yield
6.9%
typical home, Zillow
Median ZIP yield
7.0%
13 ZIPs with full data
Cash flow
-$1,116/mo
at 7.78%, 25% down
Typical price
$288,000
Zillow ZHVI, Aug 2026
Typical rent
$1,648/mo
Zillow ZORI, Aug 2026

ZIP codes in Onondaga County

38 with published figures

13204Syracuse$154,000$1,55012.0%6.0%-$54+6.4%
13205Syracuse$149,000$1,47511.8%5.2%-$155n/a
13120Nedrow$189,000$1,560*9.9%3.9%-$408n/a
13208Syracuse$173,000$1,3869.6%3.6%-$405n/a
13203Syracuse$192,000$1,5259.5%3.9%-$407+8.6%
13207Syracuse$182,000$1,440*9.5%3.7%-$422n/a
13090Liverpool$310,000$2,4129.3%3.8%-$684n/a
13211Syracuse$198,000$1,500*9.1%3.4%-$509n/a
13206Syracuse$202,000$1,3758.2%2.9%-$607+9.4%
13031Camillus$317,000$1,8497.0%1.9%-$1,205+1.7%
13210Syracuse$266,000$1,5467.0%1.8%-$1,028+13.7%
13041Clay$321,000$1,840*6.9%1.9%-$1,214n/a
13212North Syracuse$249,000$1,420*6.8%1.5%-$1,022n/a
13088Liverpool$276,000$1,510*6.6%1.1%-$1,229n/a
13209Syracuse$242,000$1,320*6.5%1.1%-$1,090n/a
13027Baldwinsville$341,000$1,8526.5%1.7%-$1,361n/a
13219Syracuse$268,000$1,430*6.4%1.2%-$1,186n/a
13084La Fayette$315,000$1,660*6.3%1.9%-$1,188n/a
13116Minoa$274,000$1,430*6.3%0.5%-$1,358n/a
13112Memphis$283,000$1,430*6.1%1.5%-$1,169n/a
13224Syracuse$285,000$1,4326.0%1.2%-$1,254n/a
13202Syracuse$385,000$1,9065.9%0.9%-$1,784n/a
13080Jordan$243,000$1,190*5.9%1.1%-$1,087n/a
13057East Syracuse$257,000$1,2005.6%0.5%-$1,285n/a
13159Tully$322,000$1,500*5.6%0.7%-$1,555n/a
13214Syracuse$317,000$1,360*5.1%0.5%-$1,576n/a
13060Elbridge$293,000$1,250*5.1%-0.9%-$1,806n/a
13039Cicero$355,000$1,500*5.1%0.3%-$1,832n/a
13110Marietta$338,000$1,410*5.0%0.7%-$1,624n/a
13029Brewerton$344,000$1,390*4.9%0.3%-$1,770n/a
13108Marcellus$347,000$1,370*4.7%0.1%-$1,845n/a
13215Syracuse$386,000$1,5054.7%0.3%-$1,998-2.5%
13066Fayetteville$418,000$1,590*4.6%-0.6%-$2,460n/a
13164Warners$380,000$1,430*4.5%0.5%-$1,898n/a
13078Jamesville$441,000$1,650*4.5%0.0%-$2,361n/a
13063Fabius$319,000$1,190*4.5%-0.4%-$1,812n/a
13104Manlius$473,000$1,420*3.6%-1.1%-$2,986n/a
13152Skaneateles$709,000$1,740*2.9%-0.3%-$3,971n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+6.5%
Rent, 12 months
+3.9%
Rent minus price growth
-2.6 pts
Property tax
2.44%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
8010012014016020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$192,457$1,226
Aug 2022$211,981$1,354
Aug 2023$229,572$1,422
Aug 2024$254,679$1,519
Aug 2025$270,346$1,586
Aug 2026$287,951$1,648

HUD Fair Market Rent

FY2027, Syracuse, NY MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,050$1,196$1,493$1,808$1,962

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
12.0
2,365 units, last 12 months
National percentile
77th
among US counties

Tools

Test a listing in Onondaga County against today's rate.

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Part of the Syracuse, NY metro.

Questions

Is Onondaga County good for rental property?
The typical home here runs -$1,116 a month at 7.78% with 25% down. 0 of 13 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Onondaga County?
About 2.44% of value, from Census ACS median taxes paid over median home value. On a $288,000 home that is about $7,020 a year.
What is Fair Market Rent in Onondaga County?
HUD's FY2027 Fair Market Rent here is $1,196 for a 1-bedroom, $1,493 for a 2-bedroom and $1,808 for a 3-bedroom. Typical cash flow at today's rate is -$1,116 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.