Cheap Apartments for Rent in the Collegetown Neighborhood of Ithaca, NY from $700 (59 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 143 S Aurora St

143 S Aurora St

IthacaNY14850
close
View Me
505 E Seneca St
1 Bedroom Apartments

505 E Seneca St

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

648 Hudson St

648 Hudson StIthaca, NY 14850
  • Utilities Included
close
View Me
215 College Ave
2 to 6 Bedroom Apartments

215 College Ave

215 College AveIthaca, NY 14850
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Collegetown, Ithaca, NY Local Guide

Cheapest Available Collegetown Apartments for Rent

 

The cheapest available apartment rental in the Collegetown 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 Collegetown 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
Cayuga PlaceA.D. White2BR,2BA$1,205

Best Value Apartments for Rent in Collegetown, NY

As of April 05, 2025 the best value apartment in the Collegetown 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 Collegetown 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 Collegetown 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
212 Giles St Townhouses-available August 20254 Bedroom4BR,2BA$0.41
111 Osmun Place - See Details3 Bedroom, 1 Bath - 111 Osmun3BR,1BA$0.44
204 Linden Ave, Unit 1204 Linden Ave3BR,1BA$1.54
118 Schuyler Plz, Unit 1118 Schuyler Plz3BR,1BA$0.73
119 Honness Ln, Unit A119 Honness Ln3BR,1.5BA$0.63
806 E Seneca St, Unit 1806 E Seneca St2BR,1BA$0.95
648 -702 Hudson St702 Downstairs3BR,2BA$0.98
Collegetown Plaza/Collegetown Center6 bed/1.5 bath6BR,1.5BA$1.10

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Collegetown, Ithaca, NY

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Collegetown Neighborhood in Ithaca, NY

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

54 / 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 Collegetown Apartments

What is a cheap apartment in Collegetown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Collegetown is under $1,205.

What is the price of a cheap apartment in Collegetown?

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

What types of apartments are the cheapest in Collegetown?

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 36 regular apartments in Collegetown 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 Collegetown?

Cheap apartments in Collegetown have an average cost of $1,032 which is $3,343 cheaper than the average rent for all rentals in Collegetown.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.