Cheap Homes for Rent in Ithaca, NY from $700 (15 Rentals)

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property at 120 James St

120 James St, Unit 1

120 James St
IthacaNY14850

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Ithaca, NY Local Guide

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 04/25/2025

Current apartment rentals in the Ithaca, NY area range in price from $620 to $7,250 with an overall median price of $4,212. The three Ithaca neighborhoods with the lowest median rent pricing are Cayuga Heights at $700, Northeast Ithaca at $915, and Northwest Ithaca at $620. 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$2,777$700168
Northeast Ithaca$3,750$915190
Northwest Ithaca$4,000$62075
Central Business District$4,375$700146
Collegetown$4,375$700164
Cornell Heights$4,375$700261
Downtown Ithaca$4,375$750104
Eastern South Hill$4,375$750139
East Ithaca$4,375$700179
North Belle Sherman$4,375$700137

Cheapest Available Ithaca Apartments for Rent

 

The cheapest available apartment rental in Ithaca, NY is a 1 Bed unit found at Ravenwood Apartments in the North Campus neighborhood priced from $700. 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
Ravenwood ApartmentsRoom Rental1BR,1BA$700
111 Osmun Place - See DetailsApt 31BR,1BA$750
Eddygate Park Apartments3 Bedrooms3BR,1BA$900
West Village Apartments2 Beds, 1 bath2BR,1BA$1,041
RIDGETOP Apartments in Collegetown1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Ithaca, NY

As of April 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
212 Giles St Townhouses-available August 20254 Bedroom4BR,2BA$0.41
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
648 -702 Hudson St702 Downstairs3BR,2BA$0.98
Collegetown Plaza/Collegetown Center6 bed/1.5 bath6BR,1.5BA$1.10
The Overlook at West HillTwo Bedroom2BR,1BA$1.49

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Frequently Asked Questions about Ithaca

What type of rentals are currently available in Ithaca?

There are currently 308 Apartments for Rent in Ithaca, NY with pricing that ranges from $620 to $7,250. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ithaca ranging from $725 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 $725 to $7,520 with an average monthly rent of $2,726.

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 $800 to $4,800. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $803.

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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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.

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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.

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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.