Cheap Apartments for Rent in Ithaca, NY from $600 (64 Rentals)

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

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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505 E Seneca St
1 Bedroom Apartments

505 E Seneca St

505 E Seneca StIthaca, NY 14850
Furnished
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648 Hudson St
3 Bedroom Apartments

648 Hudson St

648 Hudson StIthaca, NY 14850
  • Utilities Included
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215 College Ave
2 to 6 Bedroom Apartments

215 College Ave

215 College AveIthaca, NY 14850
  • Utilities Included
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Parkside Vista
2 Bedroom Apartments

Parkside Vista

204 Fair StIthaca, NY 14850
Student Housing
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957 Dryden Rd
2 Bedroom Apartments

957 Dryden Rd

957 Dryden RdIthaca, NY 14850
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Village Apartments
1 Bedroom Apartments

Village Apartments

73 Village CirIthaca, NY 14850
  • Utilities Included

Ithaca, NY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 06/28/2025

Current apartment rentals in the Ithaca, NY area range in price from $620 to $24,000 with an overall median price of $14,096. The three Ithaca neighborhoods with the lowest median rent pricing are Northwest Ithaca at $620, Central Business District at $750, and Downtown Ithaca at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ithaca Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northwest Ithaca$2,925$62028
Central Business District$4,375$750145
Downtown Ithaca$4,375$75092
Eastern South Hill$4,375$750137
North Belle Sherman$4,375$750138
South Hill Ithaca$4,375$750146
Southside$4,375$750142
Western South Hill$4,375$750119
Cayuga Heights$24,000$78959
Collegetown$24,000$750152

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
West Village Apartments1 Bed, 1 bath1BR,1BA$926
509 Wyckoff RdStudioStudio,1BA$1,200
RIDGETOP Apartments in Collegetown1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Ithaca, NY

As of June 28, 2025 the best value apartment in the Ithaca area is the $0.48 price per square foot 127 Catherine St Model at 127 Catherine St, Unit 1 in the in the North Campus neighborhood starting from $1,195. The second greatest value Ithaca apartment is the 111 Catherine St Model at 111 Catherine St, Unit 1 starting at $1,195 with a $0.60 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.
127 Catherine St, Unit 1127 Catherine St6BR,2BA$0.48
111 Catherine St, Unit 1111 Catherine St5BR,2BA$0.60
212 Giles St Townhouses-available August 20254 Bedroom4BR,2BA$0.41
Dryden SouthSuite 3024BR,2BA$1.17
306 Highland Rd4 Bedrooms4BR,2BA$0.60
119 Honness Ln, Unit A119 Honness Ln3BR,1.5BA$0.63
Aces Apartments3-Bedroom3BR,1.5BA$0.76
209 College Ave, Unit 3209 College Ave3BR,1BA$1.12
The Overlook at West HillTwo Bedroom2BR,1BA$0.90
648 -702 Hudson St648 3 Bedroom3BR,1BA$0.99

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Ithaca Overview

Home to the lauded Cornell University and a jaw-dropping amount of natural scenery, Ithaca is a fantastic locale in the heart of upstate New York. From farmer's markets to hand-crafted breweries, Ithaca apartments boast easy access to a world of amenities and charm to spare.

Why live in Ithaca, NY?

Home to a wide range of arts-based businesses, Ithaca is a great cultural hot spot of the upstate New York scene. With numerous colleges dotting the area and museums in high supply, Ithaca makes a great place for both budding families as well as students and young professionals.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ithaca, NY Rentals by Map

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Getting Around Ithaca, NY

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Ithaca Apartments

What is a cheap apartment in Ithaca?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ithaca is under $1,200.

What is the price of a cheap apartment in Ithaca?

The cheapest apartment in Ithaca is 111 Osmun Place - See Details which is listed at $750, while the average apartment in Ithaca costs $14,096.

What types of apartments are the cheapest in Ithaca?

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 605 regular apartments in Ithaca 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 Ithaca?

Cheap apartments in Ithaca have an average cost of $1,431 which is $12,665 cheaper than the average rent for all rentals in Ithaca.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.