Cheap Apartments for Rent in Ithaca, NY from $600 (79 Rentals)

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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.

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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.

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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.

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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.

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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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Ithaca, NY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 01/01/2026

Current apartment rentals in the Ithaca, NY area range in price from $629 to $24,000 with an overall median price of $14,704. The three Ithaca neighborhoods with the lowest median rent pricing are Northwest Ithaca at $677, Downtown Ithaca at $750, and Western South Hill at $629. 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$3,385$67782
Downtown Ithaca$4,065$75070
Western South Hill$4,065$6291400
Central Business District$6,350$6292019
Eastern South Hill$6,350$6292022
North Belle Sherman$6,350$6291957
South Hill Ithaca$6,350$6291968
Southside$6,350$6292019
Cayuga Heights$24,000$700102
Collegetown$24,000$6291960

Cheapest Available Ithaca Apartments for Rent

 

The cheapest available apartment rental in Ithaca, NY is a Studio unit found at Collegetown Terrace in the Western South Hill neighborhood priced from $629. Auden Ithaca in the North Campus neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here is today’s list of the most affordable Ithaca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collegetown TerraceQuarry Large Room - Shared BathStudio,$629
Auden Ithaca3x1 A63BR,1BA$649
601 E State St - Fully Furnished!Building 2 6 bedroom 2 bath6BR,2BA$800
The Overlook at West HillTwo Bedroom2BR,1BA$812
102 Turkey Hill Rd - Utilities Included!3 Bedroom 2 Bath6BR,4BA$867
West Village Apartments1 Bed, 1 bath1BR,1BA$926
127-129 Eddy Streetstudio 129 BFStudio,1BA$1,075
509 Wyckoff RdOne Bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Ithaca, NY

As of January 01, 2026 the best value apartment in the Ithaca area is the $0.49 price per square foot Full 6 Bedroom Apartment 3 Model at 111 Osmun Place - See Details in the in the North Campus neighborhood starting from $875. The second greatest value Ithaca apartment is the 3 Bedroom 2 Bath Model at 102 Turkey Hill Rd - Utilities Included! starting at $867 with a $0.48 price per square foot . 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.
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
102 Turkey Hill Rd - Utilities Included!3 Bedroom 2 Bath6BR,4BA$0.48
Eddygate Park ApartmentsRoom Rental1BR,1BA$0.68
Uptown Village ApartmentsUptown 2 Bed2BR,1.5BA$1.23
1690 Slaterville Rd, Unit 11690 Slaterville Rd2BR,1BA$1.41
Westbourne ApartmentsFour Bedroom4BR,2BA$1.44
804 E Seneca St, Unit 1804 E Seneca St2BR,1BA$0.96
601 E State St - Fully Furnished!Building 23BR,1BA$0.97
The Overlook at West HillTwo Bedroom2BR,1BA$0.98
West Village Apartments1 Bed, 1 bath1BR,1BA$1.35

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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The 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.

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Cash 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.

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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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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.

Best Local Schools in
Ithaca, NY

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

Explore Ithaca, NY Rentals by Map

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See the most popular apartments and homes in Ithaca, NY

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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 $1,100.

What is the price of a cheap apartment in Ithaca?

The cheapest apartment in Ithaca is West Village Apartments which is listed at $926, while the average apartment in Ithaca costs $14,704.

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 21,187 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 $2,011 which is $12,693 cheaper than the average rent for all rentals in Ithaca.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!