
Cheap Apartments for Rent in the Downtown Ithaca Neighborhood of Ithaca, NY from $700 (19 Rentals)
Cheap Apartments in the Downtown Ithaca area of Ithaca.


RIDGETOP Apartments in Collegetown

Lansing West Apartments

Commons West

Gaslight Village
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

318 E Seneca - Downtown Ithaca

405 N Aurora St

210 N Geneva St, Unit 4
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.
Downtown Ithaca, Ithaca, NY Local Guide

How much does it cost to rent an apartment in Downtown Ithaca?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Ithaca Studio Apartments | $2,034 | $1,395 | $3,821 |
Downtown Ithaca 1 Bedroom Apartments | $2,537 | $750 | $4,378 |
Downtown Ithaca 2 Bedroom Apartments | $3,143 | $960 | $5,094 |
Downtown Ithaca 3 Bedroom Apartments | $2,358 | $800 | $5,935 |
Downtown Ithaca 4 Bedroom Apartments | $3,185 | $2,680 | $5,000 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Ithaca Neighborhood of Ithaca, NY.
See all Apartments in IthacaExplore Ithaca
Downtown Ithaca, Ithaca, NY Local Guide
- Nearby Ithaca neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Ithaca Apartments for Rent
 The cheapest available apartment rental in the Downtown Ithaca area of Ithaca, NY is a 1 Bed unit found at 111 Osmun Place - See Details priced from $750. RIDGETOP Apartments in Collegetown has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Downtown Ithaca apartments for rent in Ithaca, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
111 Osmun Place - See Details | Apt 3 | 1BR,1BA | $750 |
RIDGETOP Apartments in Collegetown | 1 Bedroom | 1BR,1BA | $1,200 |
Lansing West Apartments | The Otisco | 1BR,1BA | $1,378 |
Carey Building | Call for Availability | 2BR,1BA | $1,600 |
Cayuga Place | Grandview | Studio,1BA | $1,939 |
Best Value Apartments for Rent in Downtown Ithaca, NY
As of May 04, 2025 the best value apartment in the Downtown Ithaca area is the $0.41 price per square foot 4 Bedroom Model at 212 Giles St Townhouses-available August 2025 in the in the Western South Hill neighborhood starting from $740. The second greatest value Downtown Ithaca apartment is the 3 Bedroom, 1 Bath - 111 Osmun Model at 111 Osmun Place - See Details starting at $800 with a $0.44 price per square foot in the North Campus neighborhood. Here is today’s list of the best values for Downtown Ithaca apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
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 |
118 Schuyler Plz, Unit 1 | 118 Schuyler Plz | 3BR,1BA | $0.73 |
616 E State St, Unit 2 | 616 E State St | 3BR,1BA | $1.55 |
515 S Albany St, Unit 515 S Albany St. | 515 S Albany St | 3BR,1.5BA | $2.00 |
115 Prospect St, Unit 2 | 115 Prospect St | 3BR,1BA | $2.10 |
Seneca Way | A | 1BR,1BA | $2.45 |
Carey Building | Call for Availability | 2BR,1BA | $1.86 |
Collegetown Plaza/Collegetown Center | 6 bed/1.5 bath | 6BR,1.5BA | $1.10 |
320 Hillview Pl, Unit 2 | 320 Hillview Pl | 3BR,1BA | $2.60 |
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.
Pet Friendly LifestyleDowntown Ithaca, Ithaca, NY
Ranked #4
Among neighborhoods in Ithaca, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Ithaca Neighborhood in Ithaca, NY
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
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 Downtown Ithaca Apartments
What is the Cheapest Studio apartment in Downtown Ithaca?
Currently the most affordable Cheap Studio Apartment in Downtown Ithaca is at Cayuga Place listed at $1,939.
How much is rent for a Cheap One Bedroom Downtown Ithaca Apartment?
The lowest price for a Cheap One Bedroom Downtown Ithaca Apartment is $750 at 111 Osmun Place - See Details.
What is the lowest price for a Cheap Two Bedroom Downtown Ithaca Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Ithaca is starting from $1,400 at RIDGETOP Apartments in Collegetown.
What is the most affordable Downtown Ithaca Three Bedroom Apartment?
The best deal on a cheap Downtown Ithaca Three Bedroom Apartment rental is at 111 Osmun Place - See Details and starts from $800.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.