
Cheap Apartments for Rent in the Collegetown Neighborhood of Ithaca, NY from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Collegetown area of Ithaca.


710 E State St

Eddygate Park Apartments

RIDGETOP Apartments in Collegetown
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Belleayre Building

The Gem – Collegetown’s Hidden Treasure

Fairview Apartments

Commons West

Westbourne Apartments

Edgecliff Apartments

129 College Ave

1313 E State St

204 N Cayuga St, Unit 2

318 E Seneca - Downtown Ithaca

315 Thurston Ave, Unit 315 Thurston Avenue

321 Center St

210 N Geneva St, Unit 4

Campus Hill Apartments

110 College Ave, Unit 2 Bed 2 Bath

1005-1007-1007 N Aurora St
Collegetown, Ithaca, NY Local Guide

How much does it cost to rent an apartment in Collegetown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Collegetown Studio Apartments | $1,998 | $1,350 | $3,118 |
Collegetown 1 Bedroom Apartments | $2,354 | $700 | $4,378 |
Collegetown 2 Bedroom Apartments | $2,776 | $1,400 | $5,021 |
Collegetown 3 Bedroom Apartments | $2,493 | $750 | $5,935 |
Collegetown 4 Bedroom Apartments | $3,307 | $803 | $6,000 |
Collegetown 5 Bedroom Apartments | $3,874 | $775 | $7,250 |
Collegetown 6 Bedroom Apartments | $4,512 | $3,600 | $5,650 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 1 mile radius of the Collegetown Neighborhood of Ithaca, NY.
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Collegetown, Ithaca, NY Local Guide
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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 Ravenwood Apartments priced from $700. 111 Osmun Place - See Details has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Collegetown apartments for rent in Ithaca, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ravenwood Apartments | Room Rental | 1BR,1BA | $700 |
111 Osmun Place - See Details | Apt 3 | 1BR,1BA | $750 |
Eddygate Park Apartments | 3 Bedrooms | 3BR,1BA | $900 |
RIDGETOP Apartments in Collegetown | 1 Bedroom | 1BR,1BA | $1,200 |
Fairview Apartments | Manor- Studio | Studio,1BA | $1,363 |
Lakeside Vista | Parkside- 2 bedroom Cottage | 2BR,1BA | $1,429 |
Edgecliff Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,470 |
Best Value Apartments for Rent in Collegetown, NY
As of April 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
116 Cook St | 116 Cook St | 1BR,1BA | $0.27 |
303 Cornell St, Unit B | 303 Cornell St | 5BR,2BA | $0.39 |
212 Giles St Townhouses-available August 2025 | 4 Bedroom | 4BR,2BA | $0.41 |
111 Osmun Place - See Details | 3 Bedroom, 1 Bath - 111 Osmun | 3BR,1BA | $0.44 |
204 Linden Ave, Unit 1 | 204 Linden Ave | 3BR,1BA | $1.54 |
119 Honness Ln, Unit A | 119 Honness Ln | 3BR,1.5BA | $0.63 |
616 E State St, Unit 2 | 616 E State St | 3BR,1BA | $1.55 |
648 -702 Hudson St | 702 Downstairs | 3BR,2BA | $0.98 |
Carey Building | Call for Availability | 2BR,1BA | $1.86 |
Collegetown Plaza/Collegetown Center | 6 bed/1.5 bath | 6BR,1.5BA | $1.10 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCollegetown, Ithaca, NY
Ranked #15
Among neighborhoods in Ithaca, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,470.
What is the price of a cheap apartment in Collegetown?
The cheapest apartment in Collegetown is Ravenwood Apartments which is listed at $700, 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 40 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 $1,230 which is $3,145 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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.