Cheap Apartments for Rent in the Collegetown Neighborhood of Ithaca, NY from $700 (46 Rentals)

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

property at 710 E State St

710 E State St

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.

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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.

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property at 143 S Aurora St

143 S Aurora St

IthacaNY14850

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.

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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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215 College Ave
2 to 6 Bedroom Apartments

215 College Ave

215 College AveIthaca, NY 14850
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222 N Albany St
2 Bedroom Apartments

222 N Albany St

222 N Albany StIthaca, NY 14850
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109 Sage Pl
2 to 3 Bedroom Apartments

109 Sage Pl

109 Sage PlIthaca, NY 14850
Furnished

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.

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LIV at 327 W Seneca
1 to 2 Bedroom Apartments

LIV at 327 W Seneca

327 W Seneca StIthaca, NY 14850
  • Utilities Included
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203 Williams St
Studio to 4 Bedroom Apartments

203 Williams St

203 Williams StIthaca, NY 14850
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110 Heights Ct
1 to 3 Bedroom Apartments

110 Heights Ct

110 Heights CtIthaca, NY 14850
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Carey Building
2 Bedroom Apartments

Carey Building

314-320 E State StIthaca, NY 14850
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Collegetown Center
Studio to 2 Bedroom Apartments

Collegetown Center

147-159 Dryden RdIthaca, NY 14850
Student Housing
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Showing Results 1-46, Page 1 of 1

Collegetown, Ithaca, NY Local Guide

Cheapest Available Collegetown Apartments for Rent

 

The cheapest available apartment rental in the Collegetown area of Ithaca, NY is a 1 Bed unit found at 111 Osmun Place - See Details priced from $750. Ravenwood Apartments has the second lowest priced unit, which is a 5 Beds apartment currently listed from $865. Here are the most affordable Collegetown apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
111 Osmun Place - See DetailsApt 31BR,1BA$750
Ravenwood Apartments5 Bedrooms, 1 Bathroom5BR,1BA$865
Eddygate Park Apartments3 Bedrooms3BR,1BA$900
RIDGETOP Apartments in Collegetown1 Bedroom1BR,1BA$1,200
Fairview ApartmentsManor- StudioStudio,1BA$1,363
Commons WestStudioStudio,1BA$1,395
Edgecliff Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1,420
Lakeside VistaParkside- 2 bedroom Cottage2BR,1BA$1,429

Best Value Apartments for Rent in Collegetown, NY

As of June 09, 2025 the best value apartment in the Collegetown area is the $0.41 price per square foot 4 Bedroom Model at 212 Giles St Townhouses-available August 2025 in the in the Western South Hill neighborhood starting from $740. The second greatest value Collegetown apartment is the 6 Bed Model at 126 College Ave starting at $3,600 with a $2.17 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Collegetown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
212 Giles St Townhouses-available August 20254 Bedroom4BR,2BA$0.41
126 College Ave6 Bed6BR,2BA$2.17
Dryden SouthSuite 3024BR,2BA$1.17
119 Honness Ln, Unit A119 Honness Ln3BR,1.5BA$0.63
West Shore Apartments127 College Avenue, Apt #12BR,1BA$1.95
Westbourne ApartmentsThree Bedroom-Halfbath3BR,1.5BA$1.95
Campus Hill Apartments3 Bedroom3BR,1BA$2.14
510 E Seneca St, Unit 3510 E Seneca St2BR,1BA$1.70
648 -702 Hudson St702 Downstairs3BR,2BA$0.98
The Belleayre Building2BD/ 1B2BR,1BA$2.22

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Collegetown, Ithaca, NY

Ranked #16

Among neighborhoods in Ithaca, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Collegetown Neighborhood in Ithaca, NY

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Collegetown Apartments

What is the Cheapest Studio apartment in Collegetown?

Currently the most affordable Cheap Studio Apartment in Collegetown is at Fairview Apartments listed at $1,363.

How much is rent for a Cheap One Bedroom Collegetown Apartment?

The lowest price for a Cheap One Bedroom Collegetown Apartment is $750 at 111 Osmun Place - See Details.

What is the lowest price for a Cheap Two Bedroom Collegetown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Collegetown is starting from $1,400 at RIDGETOP Apartments in Collegetown.

What is the most affordable Collegetown Three Bedroom Apartment?

The best deal on a cheap Collegetown Three Bedroom Apartment rental is at 111 Osmun Place - See Details and starts from $800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.