Cheap Homes for Rent in Central Business District Ithaca, NY from $700 (11 Rentals)

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

property at 120 James St

$765

4 Bedroom, 2 Bath Townhome for Rent

Available Aug 5

120 James St, Unit 1

120 James St
IthacaNY14850
property at 5 Charles St

$805

3 Bedroom, 2 Bath Townhome for Rent

Available Aug 5

5 Charles 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.

property at 114 Ferris Place

$925

6 Bedroom, 2 Bath Home for Rent

Available Aug 8

114 Ferris Place

IthacaNY14850

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.

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 The Aurora priced from $40. Collegetown Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $629. Here are the most affordable Central Business District apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
The AuroraS1-1Studio,1BA$40
Collegetown TerraceQuarry Large Room - Shared BathStudio,$629
Auden Ithaca3x1 A63BR,1BA$649
601 E State St - Fully Furnished!Building 2 6 bedroom 2 bath6BR,2BA$800
Hudson Heights Studios Utilities IncludedStudioStudio,1BA$1,050

Best Value Apartments for Rent in Central Business District, NY

As of January 03, 2026 the best value apartment in the Central Business District area is the $0.60 price per square foot 127 Catherine St Model at 127 Catherine St, Unit 1 in the in the North Campus neighborhood starting from $1,195. The second greatest value Central Business District apartment is the Full 6 Bedroom Apartment 3 Model at 111 Osmun Place - See Details starting at $875 with a $0.49 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.
127 Catherine St, Unit 1127 Catherine St1BR,1BA$0.60
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
402 University Ave, Unit Apt #1402 University Ave5BR,2BA$1.66
918 Danby Rd, Unit 918 unit#1918 Danby Rd4BR,1BA$1.00
505 E Seneca St505 E Seneca St1BR,2.5BA$0.80
Eddygate Park ApartmentsRoom Rental1BR,1BA$0.68
804 E Seneca St, Unit 1804 E Seneca St2BR,1BA$0.96
601 E State St - Fully Furnished!Building 23BR,1BA$0.97
151 Chestnut St, Unit 2151 Chestnut St2BR,1BA$2.00
120 Oak Ave, Unit 1120 Oak Ave1BR,1BA$1.37

Frequently Asked Questions about Central Business District

What type of rentals are currently available in Central Business District?

There are currently 253 Apartments for Rent in Central Business District, NY with pricing that ranges from $629 to $7,970. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $750 to $5,000.

What is the current price range for Rental Homes in Central Business District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Business District ranges from $750 to $5,000 with an average monthly rent of $1,888.

How much are larger Three and Four Bedroom Rentals in Central Business District?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Business District range from $830 to $5,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $805 to $4,950. Four Bedroom Single-Family rentals are also available starting from $765 and Four Bedroom Apartments start at $830.

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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!