
Cheap Homes for Rent in Ely Park Neighborhood of Binghamton, NY from $500 (32 Rentals)
Search the lowest-cost Homes available for rent right now in the Ely Park area of Binghamton.


19 Edwards St

156 Oak St

6 Seminary Ave

92 Walnut St

171.5 Murray St

2 Chapel Pl

4 Edwards 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.

73 Leroy St

16 North St

109 Chestnut St

61 Leroy St

76 Front St

93 Chestnut St

275 Main St, Unit 1, Unit 1

82 Second St
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.

31 Griswold St, Unit 2 Rear

348 Clinton St

19 Mygatt St, Unit 2

19 Mygatt St, Unit 8

204 Grand Ave, Unit 15

754 Chenango St, Unit #3

97 Broad Ave, Unit 3rd FL.

260 Ackley Ave, Unit 1FL
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

260 Ackley Ave, Unit 2Fl

50 Schubert St

34 Seminary Ave

121 Eldredge St, Unit 1L

11 Mather St

91 Grand Ave, Unit 2nd Fl, Unit 2nd Fl

55-57-57 Tompkins St, Unit 57

37 North St, Unit 1, Unit 1
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Ely Park, Binghamton, NY Local Guide

How much does it cost to rent a home in Ely Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ely Park 2 Bedroom Homes for Rent | $1,316 | $950 | $1,500 |
| Ely Park 3 Bedroom Homes for Rent | $1,902 | $700 | $2,700 |
| Ely Park 4 Bedroom Homes for Rent | $2,120 | $600 | $3,200 |
| Ely Park 5 Bedroom Homes for Rent | $3,000 | $750 | $3,750 |
| Ely Park 6 Bedroom Homes for Rent | $3,226 | $550 | $7,500 |
| Ely Park 7 Bedroom Homes for Rent | $600 | $600 | $600 |
Browse Homes for Rent in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Ely Park Neighborhood of Binghamton, NY.
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Ely Park, Binghamton, NY Local Guide
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Cheapest Available Ely Park Apartments for Rent
 The cheapest available apartment rental in the Ely Park area of Binghamton, NY is a Studio unit found at The River House priced from $1,253. 198 Court St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here are the most affordable Ely Park apartments for rent in Binghamton, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The River House | 0BR/1.0BA | Studio,1BA | $1,253 |
| 198 Court St | 2 Bedroom | 2BR,2BA | $1,350 |
| Chenango Courtyard | 2 Bedroom | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Ely Park, NY
As of April 21, 2026 the best value apartment in the Ely Park area is the $0.37 price per square foot 163 W End Ave Model at 163 W End Ave, Unit 3 in the in the Southside Johnson City neighborhood starting from $600. The second greatest value Ely Park apartment is the 56 Farr Ave Model at 56 Farr Ave, Unit 56 Farr Ave starting at $1,600 with a $1.07 price per square foot in the North Johnson City 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. |
|---|---|---|---|
| 163 W End Ave, Unit 3 | 163 W End Ave | 1BR,1BA | $0.37 |
| 56 Farr Ave, Unit 56 Farr Ave | 56 Farr Ave | 3BR,1BA | $1.07 |
| 15 Minden Ave, Unit 2 | 15 Minden Ave | 3BR,1BA | $0.98 |
| 253 Oak St, Unit 1 | 253 Oak St | 3BR,1BA | $1.08 |
| The Garland | 1 Bedroom 1 Bath | 1BR,1BA | $1.18 |
| 141 Murray St, Unit 3 | 141 Murray St | 3BR,1BA | $0.48 |
| 1 Duffy Ct, Unit 20 | 1 Duffy Ct | 2BR,1BA | $1.26 |
| 255 Main Street | Basement Unit | 3BR,1BA | $0.94 |
| The Printing House | C1 | 3BR,2BA | $1.55 |
| 56 Clinton St, Unit 56 3R | 56 Clinton St | 1BR,1BA | $1.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
4.0Pet Friendly
Best Local Schools in Ely Park, Binghamton, NY
Theodore Roosevelt School
School data provided by Great Schools
Frequently Asked Questions about Ely Park
What type of rentals are currently available in Ely Park?
There are currently 403 Apartments for Rent in Ely Park, NY with pricing that ranges from $475 to $9,300. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ely Park ranging from $550 to $7,500.
What is the current price range for Rental Homes in Ely Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ely Park ranges from $550 to $7,500 with an average monthly rent of $1,620.
How much are larger Three and Four Bedroom Rentals in Ely Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ely Park range from $475 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,700. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $775.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.