Cheap Apartments for Rent in the Central Business District Ithaca, NY from $600 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Ithaca.

property at 143 S Aurora St

143 S Aurora St

IthacaNY14850
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505 E Seneca St
1 Bedroom Apartments

505 E Seneca St

505 E Seneca StIthaca, NY 14850
Furnished
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648 Hudson St
3 Bedroom Apartments

648 Hudson St

648 Hudson StIthaca, NY 14850
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215 College Ave
2 to 6 Bedroom Apartments

215 College Ave

215 College AveIthaca, NY 14850
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Parkside Vista
2 Bedroom Apartments

Parkside Vista

204 Fair StIthaca, NY 14850
Student Housing
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602 W Seneca St
2 Bedroom Apartments

602 W Seneca St

602 W Seneca StIthaca, NY 14850
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514 W State St
1 Bedroom Apartments

514 W State St

514 W State StIthaca, NY 14850
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109 Sage Pl
2 to 3 Bedroom Apartments

109 Sage Pl

109 Sage PlIthaca, NY 14850
Furnished
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222 N Albany St
2 Bedroom Apartments

222 N Albany St

222 N Albany StIthaca, NY 14850
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LIV at 327 W Seneca
1 to 2 Bedroom Apartments

LIV at 327 W Seneca

327 W Seneca StIthaca, NY 14850
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203 Williams St
Studio to 4 Bedroom Apartments

203 Williams St

203 Williams StIthaca, NY 14850
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Carey Building
2 Bedroom Apartments

Carey Building

314-320 E State StIthaca, NY 14850
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Showing Results 1-42, Page 1 of 1

Central Business District, Ithaca, NY Local Guide

Cheapest Available Central Business District Apartments for Rent

 

The cheapest available apartment rental in the Central Business District area of Ithaca, NY is a 1 Bed unit found at 111 Osmun Place - See Details priced from $750. Ravenwood Apartments has the second lowest priced unit, which is a 5 Beds apartment currently listed from $865. Here are the most affordable Central Business District apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
111 Osmun Place - See DetailsApt 31BR,1BA$750
Ravenwood Apartments5 Bedrooms, 1 Bathroom5BR,1BA$865
Eddygate Park Apartments3 Bedrooms3BR,1BA$900
RIDGETOP Apartments in Collegetown1 Bedroom1BR,1BA$1,200
Edgecliff Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,270
Center IthacaLoft Unit1BR,1BA$1,289
The Belleayre Building2BD/ 1B2BR,1BA$1,600

Best Value Apartments for Rent in Central Business District, NY

As of March 24, 2025 the best value apartment in the Central Business District 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 Central Business District apartment is the 4 Bedroom Model at 212 Giles St Townhouses-available August 2025 starting at $770 with a $0.43 price per square foot in the Western South Hill neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
116 Cook St116 Cook St1BR,1BA$0.27
212 Giles St Townhouses-available August 20254 Bedroom4BR,2BA$0.43
111 Osmun Place - See Details3 Bedroom, 1 Bath - 111 Osmun3BR,1BA$0.44
120 James St, Unit 7120 James St4BR,1.5BA$0.36
204 Linden Ave, Unit 1204 Linden Ave3BR,1BA$1.54
616 E State St, Unit 2616 E State St3BR,1BA$1.55
515 S Albany St, Unit 515 S Albany St.515 S Albany St3BR,1.5BA$2.00
806 E Seneca St, Unit 1806 E Seneca St2BR,1BA$0.95
151 Chestnut St, Unit 2151 Chestnut St2BR,1BA$1.94
Collegetown Crossing - 307 College Ave3 Bedroom/1 Bath3BR,1BA$1.77

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Business District, Ithaca, NY

Ranked #13

Among neighborhoods in Ithaca, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Business District Apartments

What is a cheap apartment in Central Business District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,600.

What is the price of a cheap apartment in Central Business District?

The cheapest apartment in Central Business District is 111 Osmun Place - See Details which is listed at $750, while the average apartment in Central Business District costs $4,375.

What types of apartments are the cheapest in Central Business District?

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 1,099 regular apartments in Central Business District 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 Central Business District?

Cheap apartments in Central Business District have an average cost of $1,231 which is $3,144 cheaper than the average rent for all rentals in Central Business District.

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

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.