
Cheap Homes for Rent in the Central Business District Ithaca, NY from $695 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Ithaca.


513 S Aurora St

105 Valentine Pl

112 -114 Ferris Place

108 Stewart Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

505 Dryden Rd, Unit 3

105 N Quarry St

526 Stewart Ave

407 Cascadilla St

302 Mitchell St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

224 W Spencer St

324 Center St

205 Williams St

108 5th St, Unit 1/2

211 Williams St
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.
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 | $2,401 | $1,850 | $2,590 |
| Central Business District 3 Bedroom Homes for Rent | $2,170 | $695 | $3,585 |
| Central Business District 4 Bedroom Homes for Rent | $3,456 | $750 | $5,180 |
| Central Business District 5 Bedroom Homes for Rent | $4,420 | $750 | $6,975 |
| Central Business District 6 Bedroom Homes for Rent | $5,837 | $825 | $9,855 |
| Central Business District 7 Bedroom Homes for Rent | $9,065 | $9,065 | $9,065 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Ithaca, NY.
Explore 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 $699. 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 A7 | 3BR,1BA | $699 |
| Ravenwood Apartments | Room-by-Room Rentals Available at Ravenwood – U... | 5BR,2BA | $700 |
| 407 College Ave | Living in Collegetown—Made Affordable. All Util... | 4BR,2BA | $995 |
| Quarry St. Apartments | 3BR/1.0BA | 3BR,1BA | $1,000 |
Best Value Apartments for Rent in Central Business District, NY
As of September 07, 2026 the best value apartment in the Central Business District area is the $0.23 price per square foot 205 W Buffalo St Model at 205 W Buffalo St, Unit 1 in the in the Western South Hill neighborhood starting from $2,300. The second greatest value Central Business District apartment is the 125 Elmira Rd Model at 125 Elmira Rd starting at $700 with a $0.30 price per square foot in the Ithaca 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. |
|---|---|---|---|
| 205 W Buffalo St, Unit 1 | 205 W Buffalo St | 1BR,1BA | $0.23 |
| 125 Elmira Rd | 125 Elmira Rd | 1BR,1BA | $0.30 |
| 110 S Quarry St, Unit 110 S. Quarry St. | 110 S Quarry St | 3BR,1BA | $0.95 |
| 212 Giles St Furnished Free Parking | 3 Bedroom 2 Bath | 3BR,2BA | $0.43 |
| 111 Osmun Place - See Details | Full 3 Bedroom Apartment 4 | 3BR,1BA | $0.58 |
| 505 Dryden Rd | 505 Dryden Rd | 1BR,1BA | $0.50 |
| 918 Danby Rd | 918 Danby Rd | 4BR,1BA | $0.86 |
| Cornell Housing | Furnished Suites | 602 Penthouse| Furnished Suite | 1BR,2BA | $1.24 |
| 306 Stewart Ave, Unit Apt 3 | 306 Stewart Ave | 4BR,1BA | $0.80 |
| 407 College Ave | Living in Collegetown—Made Affordable. All Util... | 4BR,2BA | $1.09 |
Frequently Asked Questions about Central Business District
What type of rentals are currently available in Central Business District?
There are currently 311 Apartments for Rent in Central Business District, NY with pricing that ranges from $225 to $16,000. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $695 to $9,855.
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 $695 to $9,855 with an average monthly rent of $2,635.
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 $699 to $16,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $3,585. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $749.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.