Cheap Apartments for Rent in the Central Business District Ithaca, NY from $600 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Central Business District area of Ithaca.

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
648 Hudson St
3 Bedroom Apartments

648 Hudson St

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

215 College Ave

215 College AveIthaca, NY 14850
  • Utilities Included

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.

Read Article
close
View Me
Parkside Vista
2 Bedroom Apartments

Parkside Vista

204 Fair StIthaca, NY 14850
Student Housing
  • Utilities Included
close
View Me
602 W Seneca St
2 Bedroom Apartments

602 W Seneca St

602 W Seneca StIthaca, NY 14850
  • Utilities Included
close
View Me
514 W State St
1 Bedroom Apartments

514 W State St

514 W State StIthaca, NY 14850
  • Utilities Included
close
View Me
Collegetown Center
Studio to 2 Bedroom Apartments

Collegetown Center

147-159 Dryden RdIthaca, NY 14850
Student Housing
  • Utilities Included
close
View Me
222 N Albany St
2 Bedroom Apartments

222 N Albany St

222 N Albany StIthaca, NY 14850
  • Utilities Included
close
View Me
109 Sage Pl
Studio to 3 Bedroom Apartments

109 Sage Pl

109 Sage PlIthaca, NY 14850
Furnished
close
View Me
203 Williams St
Studio to 4 Bedroom Apartments

203 Williams St

203 Williams StIthaca, NY 14850
Student Housing
close
View Me
710 Stewart Ave LLC
Studio to 4 Bedroom Apartments

710 Stewart Ave LLC

710 Stewart AveIthaca, NY 14850
Student Housing

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.

Read Article
Showing Results 1-45, Page 1 of 1

Central Business District, Ithaca, NY Local Guide

Cheapest Available Central Business District Apartments for Rent

 

The cheapest available apartment rental in the Central Business District area of Ithaca, NY is a Studio unit found at Collegetown Terrace priced from $629. Auden Ithaca has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here are the most affordable Central Business District apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
Collegetown TerraceQuarry Large Room - Shared BathStudio,$629
Auden Ithaca3x1 A63BR,1BA$649
Ravenwood ApartmentsRoom Rental5BR,2BA$700
601 E State St - Fully Furnished!Building 2 6 bedroom 2 bath6BR,2BA$800
101 N Quarry St3 Bedroom3BR,1BA$850
Hudson Heights Studio ApartmentsStudio, 1 bathStudio,1BA$1,050
127-129 Eddy Streetstudio 129 BFStudio,1BA$1,075
408 Stewart Ave.408 Stewart Ave. - 5Studio,1BA$1,100

Best Value Apartments for Rent in Central Business District, NY

As of December 04, 2025 the best value apartment in the Central Business District area is the $0.42 price per square foot 3 Bedroom Model at 101 N Quarry St in the in the Western South Hill neighborhood starting from $850. The second greatest value Central Business District apartment is the 506 S Cayuga St Model at 506 S Cayuga St, Unit 1 starting at $2,800 with a $1.40 price per square foot in the Western South Hill neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
101 N Quarry St3 Bedroom3BR,1BA$0.42
506 S Cayuga St, Unit 1506 S Cayuga St4BR,1.5BA$1.40
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
918 Danby Rd, Unit 918 unit#1918 Danby Rd4BR,1BA$1.00
321 N Fulton St, Unit #1321 N Fulton St1BR,1.5BA$1.40
707 N Aurora St, Unit 1707 N Aurora St3BR,1BA$1.63
702 N Aurora St, Unit 3702 N Aurora St3BR,1BA$1.70
115 Crescent Plz, Unit 118115 Crescent Plz2BR,1BA$1.75
804 E Seneca St, Unit 1804 E Seneca St2BR,1BA$0.96
601 E State St - Fully Furnished!Building 23BR,1BA$1.18

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Central Business District, Ithaca, NY

Ranked #12

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Central Business District Apartments

What is a cheap apartment in Central Business District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,100.

What is the price of a cheap apartment in Central Business District?

The cheapest apartment in Central Business District is Collegetown Terrace which is listed at $1,095, while the average apartment in Central Business District costs $7,500.

What types of apartments are the cheapest in Central Business District?

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 1,985 regular apartments in Central Business District 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 Central Business District?

Cheap apartments in Central Business District have an average cost of $2,519 which is $4,981 cheaper than the average rent for all rentals in Central Business District.

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.