Cheap Apartments for Rent in Ithaca, NY from $600 (85 Rentals)

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

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125 Elmira Rd
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800
1 Bedroom Apartment Available Aug 1

125 Elmira Rd

125 Elmira RdIthaca, NY 14850
Cost Per Sq.Ft.
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140 Honness Ln, Unit A
$825
Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825
4 Bedroom Apartment Available Jul 28

140 Honness Ln, Unit A

140 Honness LnIthaca, NY 14850
Furnished
  • Smoke Free

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.

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409 Dryden Rd, Unit 1
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000
1 Bedroom Apartment Available Aug 1

409 Dryden Rd, Unit 1

409 Dryden RdIthaca, NY 14850
Affordability

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 107 Elmwood Ave

$1,025 - $4,100

4 Bedroom Rentals

Available Jan 1, 2027

107 Elmwood Ave

IthacaNY14850
property at 1313 E State St

$1,050 - $1,600

Studio To 2 Bedroom Rentals

Available Now

1313 E State St

IthacaNY14850
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330 W State St, Unit 2
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
1 Bedroom Apartment Available Aug 8

330 W State St, Unit 2

330 W State StIthaca, NY 14850
Affordability
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1 Maplewood Rd, Unit 204
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
1 Bedroom Apartment Available Now

1 Maplewood Rd, Unit 204

1 Maplewood RdIthaca, NY 14850
Furnished
  • Smoke Free

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.

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.

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311 Dryden Rd, Unit 2
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
2 Bedroom Apartment Available Aug 1

311 Dryden Rd, Unit 2

311 Dryden RdIthaca, NY 14850
Furnished
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127 College Ave
$1,500 - $2,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,895

Total Monthly Price
$1,500 - $2,895
Studio to 3 Bedroom Apartment Available Jun 5, 2027

127 College Ave

127 College AveIthaca, NY 14850
Furnished
  • Smoke Free

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.

Ithaca, NY Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 07/21/2026

Current apartment rentals in the Ithaca, NY area range in price from $225 to $18,645 with an overall median price of $8,856. The three Ithaca neighborhoods with the lowest median rent pricing are Cayuga Heights at $699, North Campus at $225, and Northeast Ithaca at $890. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ithaca Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cayuga Heights$2,950$69994
North Campus$3,200$22574
Northeast Ithaca$3,200$89054
Northwest Ithaca$3,349$80078
Central Business District$10,750$225231
Collegetown$10,750$225180
Cornell Heights$10,750$225281
Downtown Ithaca$10,750$650132
Eastern South Hill$10,750$225231
East Ithaca$10,750$225194

Cheapest Available Ithaca Apartments for Rent

 

The cheapest available apartment rental in Ithaca, NY is a Studio unit found at RIDGETOP Apartments in Collegetown in the North Campus neighborhood priced from $225. Ravenwood Apartments in the Ithaca neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $700. Here is today’s list of the most affordable Ithaca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio,$225
Ravenwood ApartmentsRoom-by-Room Rentals Available at Ravenwood – U...5BR,2BA$700
206 Klinewoods RdEntire House4BR,2BA$890
36 German Cross Rd Utilities Included!1 BR, 1 BA1BR,1BA$950
407 College AveLiving in Collegetown—Made Affordable. All Util...4BR,2BA$995
111 Osmun Place - See DetailsFull 5 Bedroom Apartment 25BR,1BA$1,050

Best Value Apartments for Rent in Ithaca, NY

As of July 21, 2026 the best value apartment in the Ithaca area is the $0.10 price per square foot 614 Stewart Ave Model at 614 Stewart Ave in the in the Ithaca neighborhood starting from $950. The second greatest value Ithaca apartment is the 608 E Buffalo St Model at 608 E Buffalo St starting at $965 with a $0.10 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.
614 Stewart Ave614 Stewart Ave6BR,2BA$0.10
608 E Buffalo St608 E Buffalo St5BR,2BA$0.10
212 Giles St Furnished Free Parking4BR 2 Bathroom4BR,2BA$0.39
111 Osmun Place - See DetailsFull 3 Bedroom Apartment 43BR,1BA$0.58
Ravenwood ApartmentsRoom-by-Room Rentals Available at Ravenwood – U...5BR,2BA$0.44
503 Dryden Rd3 Bedrooms3BR,1BA$0.57
306 Highland Rd3 Bedrooms3BR,1BA$0.73
806 E Seneca St806 E Seneca St5BR,1BA$0.95
107 Elmwood 7 Minute Walk to Campus!College Ave 3bed 1bath3BR,1BA$0.96
36 German Cross Rd Utilities Included!1 BR, 1 BA1BR,1BA$1.00

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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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.

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

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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 $1,050.

What is the price of a cheap apartment in Ithaca?

The cheapest apartment in Ithaca is 36 German Cross Rd Utilities Included! which is listed at $950, while the average apartment in Ithaca costs $8,856.

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 1,714 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 $7,425 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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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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.