
Cheap Apartments for Rent in the Ely Park Neighborhood of Binghamton, NY from $425 (103 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ely Park area of Binghamton.


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208 Main St, Unit 1

10 Garfield Ave, Unit 2

265 Main St

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163 W End Ave, Unit 3

135 Washington St

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206 Main St, Unit 9

41 Fayette St

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136 Court St, Unit Floor 2

14 Seminary Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

65 Front St

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40 Walnut St

42 Walnut St

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68 Chapin St

139 Beethoven St, Unit 7

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97 Oak St, Unit 2fl rear

36 Grace St

5 Mather St, Unit 2

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31 Leroy St

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69 Saint John Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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10 Seminary Ave

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47 Grant St

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16 Seminary Ave

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180 Chapin St, Unit 2nd floor north

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10 Lydia St, Unit 2

3 Norton Dr

276 Main St

Legacy Bay Townhomes

89 Clinton St, Unit 7

19 Mygatt St, Unit 8
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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14 Jerome Ave, Unit 2

274 Chenango St

198 Court St

147 E Frederick St

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72 Cleveland Ave, Unit 2

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12 Division St, Unit 2

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3 Duffy Ct, Unit 84

35 Broome St

97 Broad Ave, Unit 3rd FL.

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10 Arthur St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

726 Chenango St, Unit 1s

34 Roosevelt Ave, Unit 1

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41 Fayette St

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44 Cleveland Ave, Unit 3

Chenango Courtyard

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93 Murray St, Unit 1

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160 Seminary Ave

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21 Park St, Unit 21- 1

9 Minden Ave
1 Beacon St, Unit downstairs apt
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Ely Park, Binghamton, NY Local Guide

How much does it cost to rent an apartment in Ely Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ely Park Studio Apartments | $450 | $450 | $450 |
| Ely Park 1 Bedroom Apartments | $1,332 | $600 | $2,300 |
| Ely Park 2 Bedroom Apartments | $1,507 | $775 | $3,400 |
| Ely Park 3 Bedroom Apartments | $2,290 | $700 | $10,000+ |
| Ely Park 4 Bedroom Apartments | $1,884 | $550 | $3,800 |
| Ely Park 5 Bedroom Apartments | $2,378 | $425 | $4,125 |
| Ely Park 6 Bedroom Apartments | $5,215 | $1,030 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 103 rentals with your search options within a 2 mile radius of the Ely Park Neighborhood of Binghamton, NY.
See all Apartments in BinghamtonExplore Binghamton
Ely Park, Binghamton, NY Local Guide
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Cheapest Available Ely Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Lofts | 4x2 | 4BR,2BA | $724 |
| 30 Griswold | 2 Beds, 1 Baths | 2BR,1BA | $950 |
Best Value Apartments for Rent in Ely Park, NY
As of August 22, 2026 the best value apartment in the Ely Park area is the $1.03 price per square foot 108 Chapin St Model at 108 Chapin St, Unit 1 in the in the Westside Binghamton neighborhood starting from $2,575. The second greatest value Ely Park apartment is the 44 Cleveland Ave Model at 44 Cleveland Ave, Unit 3 starting at $1,350 with a $0.68 price per square foot in the East Choconut Center neighborhood. Here is today’s list of the best values for Ely Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 108 Chapin St, Unit 1 | 108 Chapin St | 5BR,2BA | $1.03 |
| 44 Cleveland Ave, Unit 3 | 44 Cleveland Ave | 3BR,1BA | $0.68 |
| 47 Grant St | 47 Grant St | 1BR,1BA | $0.60 |
| 163 W End Ave, Unit 3 | 163 W End Ave | 1BR,1BA | $0.37 |
| 136 Court St, Unit Floor 2 | 136 Court St | 4BR,1BA | $0.48 |
| 255 Main Street | 4 Bedroom 2 Bath | 4BR,2BA | $0.61 |
| 72 Cleveland Ave, Unit 2 | 72 Cleveland Ave | 3BR,1BA | $1.13 |
| 21 Haendel St, Unit 2nd and 3rd floor | 21 Haendel St | 5BR,2BA | $0.43 |
| 10 Lydia St, Unit 2 | 10 Lydia St | 2BR,1BA | $1.22 |
| 208 Main St, Unit 1 | 208 Main St | Studio ,1BA | $1.13 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 LifestyleEly Park, Binghamton, NY
Ranked #6
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Ely Park, Binghamton, NY
Theodore Roosevelt School
School data provided by Great Schools
Frequently Asked Questions about Cheap Ely Park Apartments
What is the price of a cheap apartment in Ely Park?
The cheapest apartment in Ely Park is University Lofts which is listed at $1,569, while the average apartment in Ely Park costs $1,400.
What types of apartments are the cheapest in Ely Park?
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 12 regular apartments in Ely Park 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 Ely Park?
Cheap apartments in Ely Park have an average cost of $258 which is $1,142 cheaper than the average rent for all rentals in Ely Park.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.