Cheap Apartments for Rent in the Ely Park Neighborhood of Binghamton, NY from $425 (103 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ely Park area of Binghamton.

property at 14 Seminary Ave

$795 - $900

Total Monthly Price

Total Monthly Price

Base Rent
$795 - $900

Total Monthly Price
$795 - $900

Studio To 1 Bedroom Homes for Rent

Available Jun 1, 2027

14 Seminary Ave

BinghamtonNY13905

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.

property at 65 Front St

$850 - $900

1 Bedroom Rentals

Available Aug 23

65 Front St

BinghamtonNY13905
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40 Walnut St
$865 - $925
Total Monthly Price

Total Monthly Price

Base Rent
$865 - $925

Total Monthly Price
$865 - $925
1 Bedroom Apartment Available Jun 1, 2027

40 Walnut St

40 Walnut StBinghamton, NY 13905
Furnished
  • Smoke Free
property at 42 Walnut St

$865 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$865 - $925

Total Monthly Price
$865 - $925

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1, 2027

42 Walnut St

BinghamtonNY13905
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68 Chapin St
$920 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$920 - $1,150

Total Monthly Price
$920 - $1,150
1 to 2 Bedroom Apartment Available Now

68 Chapin St

68 Chapin StBinghamton, NY 13905
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31 Leroy St
$975
Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975
1 Bedroom Apartment Available Now

31 Leroy St

31 Leroy StBinghamton, NY 13905
Furnished
  • Smoke Free
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69 Saint John Ave
$975 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,650

Total Monthly Price
$975 - $1,650
1 to 2 Bedroom Apartment Available Now

69 Saint John Ave

69 Saint John AveBinghamton, NY 13905
Furnished
  • Smoke Free

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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16 Seminary Ave
$1,005 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,005 - $1,500

Total Monthly Price
$1,005 - $1,500
1 to 2 Bedroom Apartment Available Jun 1, 2027

16 Seminary Ave

16 Seminary AveBinghamton, NY 13905
Furnished
  • Smoke Free
property at 3 Norton Dr

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3 Norton Dr

BinghamtonNY13905

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
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Sep 1

14 Jerome Ave, Unit 2

14 Jerome AveBinghamton, NY 13905
Furnished
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72 Cleveland Ave, Unit 2
$1,245
Total Monthly Price

Total Monthly Price

Base Rent
$1,245

Total Monthly Price
$1,245
3 Bedroom Apartment Available Now

72 Cleveland Ave, Unit 2

72 Cleveland AveBinghamton, NY 13905
Affordability
  • Smoke Free
property at 35 Broome St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

35 Broome St

BinghamtonNY13903
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10 Arthur St
$1,290 - $2,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,290 - $2,235

Total Monthly Price
$1,290 - $2,235
2 to 3 Bedroom Apartment Available Jun 1, 2027

10 Arthur St

10 Arthur StBinghamton, NY 13905
Furnished

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.

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

Cheapest Available Ely Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
University Lofts4x24BR,2BA$724
30 Griswold2 Beds, 1 Baths2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
108 Chapin St, Unit 1108 Chapin St5BR,2BA$1.03
44 Cleveland Ave, Unit 344 Cleveland Ave3BR,1BA$0.68
47 Grant St47 Grant St1BR,1BA$0.60
163 W End Ave, Unit 3163 W End Ave1BR,1BA$0.37
136 Court St, Unit Floor 2136 Court St4BR,1BA$0.48
255 Main Street4 Bedroom 2 Bath4BR,2BA$0.61
72 Cleveland Ave, Unit 272 Cleveland Ave3BR,1BA$1.13
21 Haendel St, Unit 2nd and 3rd floor21 Haendel St5BR,2BA$0.43
10 Lydia St, Unit 210 Lydia St2BR,1BA$1.22
208 Main St, Unit 1208 Main StStudio ,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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Ely Park, Binghamton, NY

Ranked #6

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.