Cheap Apartments for Rent in the Central Business District Ithaca, NY from $600 (49 Rentals)

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

property at 120 James St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

4 Bedroom, 2 Bath Townhome for Rent

Available Aug 5

120 James St, Unit 1

120 James St
IthacaNY14850
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118 Schuyler Plz, Unit 1
$850
Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850
3 Bedroom Apartment Available Aug 1

118 Schuyler Plz, Unit 1

118 Schuyler PlzIthaca, NY 14850
Furnished
  • Smoke Free
property at 114 Ferris Place

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

6 Bedroom, 2 Bath Home for Rent

Available Aug 8

114 Ferris Place

IthacaNY14850

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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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
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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

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.

property at 302 Mitchell St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

4 To 6 Bedroom Homes for Rent

Available Aug 1

302 Mitchell St

IthacaNY14850
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321 Dryden Rd, Unit 3
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Aug 1

321 Dryden Rd, Unit 3

321 Dryden RdIthaca, NY 14850
Furnished
  • Smoke Free
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223 Linden Ave, Unit 5
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
1 Bedroom Apartment Available Jun 30

223 Linden Ave, Unit 5

223 Linden AveIthaca, NY 14850
Furnished
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518 W Buffalo St, Unit 2
$1,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275
1 Bedroom Apartment Available Now

518 W Buffalo St, Unit 2

518 W Buffalo StIthaca, NY 14850
Cost Per Sq.Ft.
  • Smoke Free

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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164 Kendall Ave, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
2 Bedroom Apartment Available Now

164 Kendall Ave, Unit 1

164 Kendall AveIthaca, NY 14850
Furnished
  • Smoke Free
property at 403 Hector St

$1,550 - $1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $1,875

Total Monthly Price
$1,550 - $1,875

1 To 2 Bedroom Homes for Rent

Available Now

403 Hector St

IthacaNY14850
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311 Dryden Rd, Unit 2
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600
2 Bedroom Apartment Available Aug 1

311 Dryden Rd, Unit 2

311 Dryden RdIthaca, NY 14850
Furnished
  • Smoke Free
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Parkside Vista
2 Bedroom Apartments

Parkside Vista

204 Fair StIthaca, NY 14850
Student Housing
  • Utilities Included

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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505 E Seneca St
1 Bedroom Apartments

505 E Seneca St

505 E Seneca StIthaca, NY 14850
Furnished
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648 Hudson St
3 Bedroom Apartments

648 Hudson St

648 Hudson StIthaca, NY 14850
  • Utilities Included
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602 W Seneca St
2 Bedroom Apartments

602 W Seneca St

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

514 W State St

514 W State StIthaca, NY 14850
  • Utilities Included
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222 N Albany St
2 Bedroom Apartments

222 N Albany St

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

109 Sage Pl

109 Sage PlIthaca, NY 14850
Furnished
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Cayuga Lofts
Studio to 2 Bedroom Apartments

Cayuga Lofts

217 S Cayuga StIthaca, NY 14850
Student Housing
  • Utilities Included

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.

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203 Williams St
Studio to 4 Bedroom Apartments

203 Williams St

203 Williams StIthaca, NY 14850
Student Housing
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Harolds Square
Studio to 2 Bedroom Apartments

Harolds Square

125 E State StIthaca, NY 14850
  • Utilities Included
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109 Cook St
1 Bedroom Apartments

109 Cook St

109 Cook StIthaca, NY 14850
Student Housing
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318 E Seneca St
1 to 2 Bedroom Apartments

318 E Seneca St

318 E Seneca StIthaca, NY 14850
  • Utilities Included

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. 101 N Quarry St has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,000. Here are the most affordable Central Business District apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio,$225
101 N Quarry St3BR/1.0BA3BR,1BA$1,000
111 Osmun Place - See DetailsFull 5 Bedroom Apartment 25BR,1BA$1,050
Commons WestStudioStudio,1BA$1,395
Lakeside Vista2 Bedroom / 1 Bathroom - Whole Apartment2BR,1BA$1,539

Best Value Apartments for Rent in Central Business District, NY

As of June 11, 2026 the best value apartment in the Central Business District area is the $0.09 price per square foot 614 Stewart Ave Model at 614 Stewart Ave in the in the North Campus neighborhood starting from $925. The second greatest value Central Business District 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 Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
614 Stewart Ave614 Stewart Ave5BR,2BA$0.09
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
505 Dryden Rd505 Dryden Rd4BR,1BA$0.58
503 Dryden Rd3 Bedrooms3BR,1BA$0.57
513 S Albany St, Unit 513513 S Albany St3BR,1.5BA$1.54
Dryden South Furnished Utilities Included!Suite 4024BR,2BA$1.17
101 N Quarry St3BR/1.0BA3BR,1BA$0.87
112 S Plain St, Unit Owner Suite112 S Plain St1BR,1BA$1.65

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 $1,539.

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

The cheapest apartment in Central Business District is RIDGETOP Apartments in Collegetown which is listed at $1,400, while the average apartment in Central Business District costs $10,750.

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 143 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 $1,628 which is $9,122 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

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.