Real Estate Investing in Syracuse, New York (13205)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13205 (Syracuse, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 19.6% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 25.7% poverty rate — can affect rent collection.
- Lower household income: $37,510 median — tenant affordability is tighter.
What’s happening in Syracuse, NY (13205)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13205 Syracuse
Predictable is the word. ZIP 13205 stands at $154K median values, $1,600/mo rent, and a 0.0% trajectory that has not surprised anyone in a while.
What you underwrite in 13205 is what you tend to get. That is harder to find than most investors admit, and it is why this ZIP earns its place in diversified rental portfolios.
The substantial case for 13205 regionally is its consistency — the ZIP has tracked NY trends without outsized volatility in either direction.
The 13205 ZIP attracts long-tenure households — families, middle-income earners, and established owner-occupants. That profile tends to correspond with predictable market behavior.
Operators who want a low-touch, long-hold rental inside Syracuse should take 13205 seriously. Neither the rent nor the price is going to surprise anyone, and that is precisely the point.
Here's what matters if you're considering buying a home in Syracuse:
Property Strategy for 13205
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $141,449 | $1,230 | 6.3% | +13.3% | $70,724 |
| 3BR | $151,420 | $1,490 | 7.1% | +11.3% | $50,473 |
| 4BR | $124,088 | $1,640 | 9.5% | +11.1% | $31,022 |
| 5BR | $136,479 | — | — | +12.4% | $27,296 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 13205 Compare?
| Metric | 13205 | Syracuse | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $153,871 | $122,370 | N/A | $505,608 |
| 5-Year CAGR | 8.5% | 8.6% | N/A | 6.6% |
| Avg Rent | $1,600 | $1,469 | N/A | - |
| Cap Rate | 8.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13205 (Syracuse, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13205 (Syracuse, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $153,871 |
| Monthly Rent | $1,600 |
| Price-to-Rent | 8.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.5% |
| Cap Rate | 8.1% |
| 5-Year IRR | 16.6% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +11.5% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 10-Year CAGR | +10.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.1%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 13205
Population: 18,562
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 13205
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BELLEVUE ELEMENTARY SCHOOL
BRIGHTON ACADEMY
EDWARD SMITH K-8 SCHOOL
INSTITUTE OF TECHNOLOGY AT SYRACUSE CENTRAL
ROBERTS K-8 SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,824 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Syracuse, NY?
Rent in Syracuse, NY is around $1,600/mo. The resulting rent-to-value relationship with $154K pricing is reasonable for most investor models.
Does Syracuse, NY favor landlords or tenants?
For rental operators, Syracuse, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Does Syracuse, NY make sense for an investment property?
Syracuse, NY reports an investability rating of 5.0/5, with median home values near $154K and average rents around $1,600/mo. That combination puts it in the impressive tier for investor interest.
What are home prices like in Syracuse, NY?
Homes in Syracuse, NY typically sell near $154K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Is Syracuse, NY a good market for FHA house hackers?
House hacking in Syracuse, NY is an attractive. With home values around $154K and rents at $1,600/mo, owner-occupants can offset a meaningful share of PITI.
You know 13205 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13205 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 13205 ranks in Syracuse, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13205 (Syracuse)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13205 (Syracuse, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.