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

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property at 710 E State St

710 E State St

IthacaNY14850

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 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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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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Ithaca, NY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 09/16/2025

Current apartment rentals in the Ithaca, NY area range in price from $677 to $24,000 with an overall median price of $15,688. The three Ithaca neighborhoods with the lowest median rent pricing are Northwest Ithaca at $677, Downtown Ithaca at $750, and Western South Hill at $700. 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$3,000$67716
Downtown Ithaca$7,560$75095
Western South Hill$7,560$7001121
Central Business District$8,180$7001419
Eastern South Hill$8,180$7001387
North Belle Sherman$8,180$7001423
South Hill Ithaca$8,180$7001393
Southside$8,180$7001417
Cayuga Heights$24,000$78981
Collegetown$24,000$7001432

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 $700. Auden Ithaca in the North Campus neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $789. Here is today’s list of the most affordable Ithaca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collegetown TerraceQuarry Large Room - Shared BathStudio,$700
Auden Ithaca3x1 A63BR,1BA$789
401 Eddy Street401 Eddy Street - F3BR,1BA$800
The Overlook at West HillTwo Bedroom2BR,1BA$812
Eddygate Park Apartments3 Bedrooms3BR,1BA$900
West Village Apartments1 Bed, 1 bath1BR,1BA$926

Best Value Apartments for Rent in Ithaca, NY

As of September 16, 2025 the best value apartment in the Ithaca area is the $0.60 price per square foot 111 Catherine St Model at 111 Catherine St, Unit 1 in the in the North Campus neighborhood starting from $1,195. The second greatest value Ithaca apartment is the 127 Catherine St Model at 127 Catherine St, Unit 1 starting at $999 with a $0.50 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.
111 Catherine St, Unit 1111 Catherine St5BR,2BA$0.60
127 Catherine St, Unit 1127 Catherine St1BR,1BA$0.50
918 Danby Rd, Unit 918 unit#1918 Danby Rd4BR,1BA$1.03
137 Honness Ln, Unit A137 Honness Ln1BR,1BA$0.77
All-Inclusive Living in Collegetown!6 bedroom6BR,2BA$1.06
804 E Seneca St, Unit 1804 E Seneca St2BR,1BA$0.96
806 E Seneca St, Unit 1806 E Seneca St2BR,1BA$0.95
805 E Seneca St, Unit 5805 E Seneca St4BR,1BA$0.90
The Overlook at West HillTwo Bedroom2BR,1BA$0.98
648 -702 Hudson St648 3 Bedroom3BR,1BA$0.99

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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

School data provided by Great Schools

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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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $926.

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 $15,688.

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 14,752 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 $1,638 which is $14,050 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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.