Cheap Apartments for Rent in Ithaca, NY from $600 (84 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ithaca.

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Ithaca, NY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 03/26/2025

Current apartment rentals in the Ithaca, NY area range in price from $620 to $7,250 with an overall median price of $4,264. The three Ithaca neighborhoods with the lowest median rent pricing are Cayuga Heights at $865, Northwest Ithaca at $620, and Central Business District at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ithaca Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cayuga Heights$2,850$86510877
Northwest Ithaca$4,000$6203686
Central Business District$4,375$6505326
Collegetown$4,375$6505197
Cornell Heights$4,375$65013954
Downtown Ithaca$4,375$6504359
Eastern South Hill$4,375$6505085
East Ithaca$4,375$6505631
North Belle Sherman$4,375$6504123
North Campus$4,375$7502431

Cheapest Available Ithaca Apartments for Rent

 

The cheapest available apartment rental in Ithaca, NY is a 2 Beds unit found at The Overlook at West Hill in the West End neighborhood priced from $744. 111 Osmun Place - See Details in the North Campus neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Ithaca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Overlook at West HillTwo Bedroom2BR,1BA$744
111 Osmun Place - See DetailsApt 31BR,1BA$750
Ravenwood Apartments5 Bedrooms, 1 Bathroom5BR,1BA$865
Eddygate Park Apartments3 Bedrooms3BR,1BA$900

Best Value Apartments for Rent in Ithaca, NY

As of March 26, 2025 the best value apartment in the Ithaca area is the $0.27 price per square foot 116 Cook St Model at 116 Cook St in the in the North Campus neighborhood starting from $900. The second greatest value Ithaca apartment is the 303 Cornell St Model at 303 Cornell St, Unit B starting at $775 with a $0.39 price per square foot in the North Campus neighborhood. Here is today’s list of the best values for Ithaca apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
116 Cook St116 Cook St1BR,1BA$0.27
303 Cornell St, Unit B303 Cornell St5BR,2BA$0.39
120 James St, Unit 7120 James St4BR,1.5BA$0.36
212 Giles St Townhouses-available August 20254 Bedroom4BR,2BA$0.41
111 Osmun Place - See Details3 Bedroom, 1 Bath - 111 Osmun3BR,1BA$0.44
Aces Apartments6-Bedroom6BR,1.5BA$0.49
306 Highland Rd4 Bedrooms4BR,2BA$0.60
702 Hudson StUpstairs6BR,3BA$0.71
119 Honness Ln, Unit A119 Honness Ln3BR,1.5BA$0.63
806 E Seneca St, Unit 1806 E Seneca St2BR,1BA$0.95

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Ithaca Overview

Home to the lauded Cornell University and a jaw-dropping amount of natural scenery, Ithaca is a fantastic locale in the heart of upstate New York. From farmer's markets to hand-crafted breweries, Ithaca apartments boast easy access to a world of amenities and charm to spare.

Why live in Ithaca, NY?

Home to a wide range of arts-based businesses, Ithaca is a great cultural hot spot of the upstate New York scene. With numerous colleges dotting the area and museums in high supply, Ithaca makes a great place for both budding families as well as students and young professionals.

Best Local Schools in
Ithaca, NY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ithaca, NY Rentals by Map

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See the most popular apartments and homes in Ithaca, NY

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Getting Around Ithaca, NY

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ithaca Apartments

What is a cheap apartment in Ithaca?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ithaca is under $900.

What is the price of a cheap apartment in Ithaca?

The cheapest apartment in Ithaca is 111 Osmun Place - See Details which is listed at $750, while the average apartment in Ithaca costs $4,264.

What types of apartments are the cheapest in Ithaca?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32,618 regular apartments in Ithaca that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ithaca?

Cheap apartments in Ithaca have an average cost of $1,069 which is $3,195 cheaper than the average rent for all rentals in Ithaca.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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Renting Smart: Lease Basics Every Renter Needs

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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