
Cheap Homes for Rent in Central Business District Ithaca, NY from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Ithaca.


120 James St, Unit 1

5 Charles St

105 N Quarry St

108 Stewart Ave
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.

133 Linden Ave

114 Ferris Place

205 Linden Ave, Unit Full House or Apartments

203 Linden Ave

105-1 Bool St
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.

302 Mitchell St
Central Business District, Ithaca, NY Local Guide

How much does it cost to rent a home in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District 2 Bedroom Homes for Rent | $2,085 | $1,625 | $3,500 |
| Central Business District 3 Bedroom Homes for Rent | $2,396 | $805 | $4,950 |
| Central Business District 4 Bedroom Homes for Rent | $2,660 | $765 | $3,500 |
| Central Business District 5 Bedroom Homes for Rent | $3,645 | $850 | $5,000 |
| Central Business District 6 Bedroom Homes for Rent | $1,022 | $900 | $1,200 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Ithaca, NY.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Aurora | S1-1 | Studio,1BA | $40 |
| Collegetown Terrace | Quarry Large Room - Shared Bath | Studio, | $629 |
| 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 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 127 Catherine St, Unit 1 | 127 Catherine St | 1BR,1BA | $0.60 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| 402 University Ave, Unit Apt #1 | 402 University Ave | 5BR,2BA | $1.66 |
| 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 | $0.80 |
| Eddygate Park Apartments | Room Rental | 1BR,1BA | $0.68 |
| 804 E Seneca St, Unit 1 | 804 E Seneca St | 2BR,1BA | $0.96 |
| 601 E State St - Fully Furnished! | Building 2 | 3BR,1BA | $0.97 |
| 151 Chestnut St, Unit 2 | 151 Chestnut St | 2BR,1BA | $2.00 |
| 120 Oak Ave, Unit 1 | 120 Oak Ave | 1BR,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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!