Explore Onondaga
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How much does it cost to rent a condo in Onondaga, NY?
The median rent for a condo in Onondaga, NY is $1,975 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Onondaga, NY?
To comfortably afford the median rent in Onondaga, NY, a household needs to earn roughly $79,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,975 per month in Onondaga, NY, renters typically need to show $5,925 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Onondaga, NY?
In Onondaga, NY, the price-to-rent ratio is 23.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Onondaga, NY are best for renting a condo?
The best neighborhood for renting in Onondaga, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Northside, Tipp Hill, University, Park Ave and Westcott, each with its own character and price range.
Condo Rental Trends in Onondaga, NY
The median rent is $1,975 per month, with 1-bedroom condos renting at $1,700 and 2-bedroom condos at $2,250.
Rental Home Trends
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Median Condo Rent
$1,975
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Median 1 Bedroom Condo Rent
$1,700
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Median 2 Bedroom Condo Rent
$2,250
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