Cheap Homes for Rent in Ithaca, NY from $700 (17 Rentals)

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

property at 120 James St

120 James St, Unit 1

120 James St
IthacaNY14850
property at 5 Charles St

5 Charles St

IthacaNY14850

Ithaca, NY Local Guide

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 03/25/2025

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$86510775
Northwest Ithaca$4,000$6203584
Central Business District$4,375$6505266
Collegetown$4,375$6505137
Cornell Heights$4,375$65013852
Downtown Ithaca$4,375$6504257
Eastern South Hill$4,375$6505025
East Ithaca$4,375$6505571
North Belle Sherman$4,375$6504123
North Campus$4,375$7502371

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 25, 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$0.43
111 Osmun Place - See Details3 Bedroom, 1 Bath - 111 Osmun3BR,1BA$0.44
Uptown Village ApartmentsUptown 2 Bed2BR,1.5BA$1.23
119 Honness Ln, Unit A119 Honness Ln3BR,1.5BA$0.63
West Village Apartments3 Beds, 1 bath3BR,1BA$1.15
806 E Seneca St, Unit 1806 E Seneca St2BR,1BA$0.95
Collegetown Plaza/Collegetown Center6 bed/1.5 bath6BR,1.5BA$1.10

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Frequently Asked Questions about Ithaca

What type of rentals are currently available in Ithaca?

There are currently 309 Apartments for Rent in Ithaca, NY with pricing that ranges from $620 to $7,250. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ithaca ranging from $740 to $7,520.

What is the current price range for Rental Homes in Ithaca?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ithaca ranges from $740 to $7,520 with an average monthly rent of $2,795.

How much are larger Three and Four Bedroom Rentals in Ithaca?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ithaca range from $750 to $5,935, while Three Bedroom Homes, Condos, and Townhomes for rent range from $790 to $4,800. Four Bedroom Single-Family rentals are also available starting from $740 and Four Bedroom Apartments start at $650.

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.

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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.