
Cheap Apartments for Rent in the Central Business District Ithaca, NY from $600 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Ithaca.


137 Coddington Rd, Unit Unit 2

608 E Buffalo St

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105 Dryden Rd, Unit 2

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805 E Seneca St

614 Stewart Ave

Total Monthly Price
118 Schuyler Plz, Unit 1

806 E Seneca St

804 E Seneca St, Unit 1

Total Monthly Price
706 E Buffalo St
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.

410 Hillview Plz

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120 Oak Ave, Unit 1

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Hudson Heights Studios Utilities Included

505 E Seneca St

The Outlook

408 Stewart Ave.

209 College Ave

Total Monthly Price
414 Eddy St

Total Monthly Price
305 Dryden Rd, Unit 305

Total Monthly Price
309 Dryden Rd, Unit 309
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.

Center Ithaca

Total Monthly Price
969 E State St, Unit Apt

707 E Seneca St.

215 Pleasant St

Total Monthly Price
223 Linden Ave, Unit 5

Edgecliff Apartments

Total Monthly Price
311 Hudson St

Commons West

The Belleayre Building

226 Bryant Ave
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.

Carey Building - Downtown Ithaca Apartments

607 N Cayuga St

115 Linn St

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164 Kendall Ave, Unit 1

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918 Danby Rd, Unit 918 unit#1

151 Chestnut St

931 E State St

110 College Ave

648 Hudson St

215 College Ave
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.

Parkside Vista

Lake Street Apartments

514 W State St

602 W Seneca St

109 Sage Pl

222 N Albany St

203 Williams St

Harolds Square

109 Cook St

318 E Seneca - Downtown Ithaca
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.
Central Business District, Ithaca, NY Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,982 | $225 | $3,890 |
| Central Business District 1 Bedroom Apartments | $2,476 | $655 | $4,921 |
| Central Business District 2 Bedroom Apartments | $2,901 | $895 | $6,468 |
| Central Business District 3 Bedroom Apartments | $2,233 | $649 | $4,800 |
| Central Business District 4 Bedroom Apartments | $2,650 | $689 | $7,970 |
| Central Business District 5 Bedroom Apartments | $3,292 | $825 | $6,600 |
| Central Business District 6 Bedroom Apartments | $3,105 | $800 | $5,700 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Ithaca, NY.
See all Apartments in IthacaExplore Ithaca
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 RIDGETOP Apartments in Collegetown priced from $225. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIDGETOP Apartments in Collegetown | Parking | Studio, | $225 |
| Auden Ithaca | 3x1 A6 | 3BR,1BA | $649 |
| 601 E State St - Fully Furnished! | Building 2 6 bedroom 2 bath | 6BR,2BA | $800 |
| Hudson Heights Studios Utilities Included | Studio | Studio,1BA | $1,050 |
| The Outlook | The perfect 4 bedroom in brand new development! | 4BR,1BA | $1,100 |
| 408 Stewart Ave. | 408 Stewart Ave. - 5 | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Central Business District, NY
As of March 06, 2026 the best value apartment in the Central Business District area is the $1.60 price per square foot 412 Hillview Plz Model at 412 Hillview Plz, Unit 412 in the in the Western South Hill neighborhood starting from $4,000. The second greatest value Central Business District apartment is the 4 Beds, 2 baths Model at 212 Giles St Furnished Free Parking starting at $745 with a $0.41 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 412 Hillview Plz, Unit 412 | 412 Hillview Plz | 5BR,2BA | $1.60 |
| 212 Giles St Furnished Free Parking | 4 Beds, 2 baths | 4BR,2BA | $0.41 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| 918 Danby Rd, Unit 918 unit#1 | 918 Danby Rd | 4BR,1BA | $1.00 |
| 505 E Seneca St | 505 E Seneca St | 1BR,2.5BA | $0.70 |
| 601 E State St - Fully Furnished! | Building 1 4 bedroom 2 bath | 4BR,2BA | $0.77 |
| 804 E Seneca St, Unit 1 | 804 E Seneca St | 2BR,1BA | $0.96 |
| 321 N Fulton St | 321 N Fulton St | 1BR,1BA | $2.06 |
| 114 N Aurora St, Unit B | 114 N Aurora St | 1BR,1BA | $2.19 |
| 151 Chestnut St | 151 Chestnut St | 1BR,1BA | $2.13 |
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 Lakeside Vista which is listed at $1,359, while the average apartment in Central Business District costs $3,525.
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 239 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 $1,215 which is $2,310 cheaper than the average rent for all rentals in Central Business District.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.