Cheap Apartments for Rent in the Collegetown Neighborhood of Ithaca, NY from $600 (59 Rentals)

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

property at 120 James St

$740

Total Monthly Price

Total Monthly Price

Base Rent
$740
Total Monthly Price
$740

4 Bedroom, 2 Bath Townhome for Rent

Available Aug 5

120 James St, Unit 1, Unit 1

120 James St
IthacaNY14850
property at 5 Charles St

$805

Total Monthly Price

Total Monthly Price

Base Rent
$805
Total Monthly Price
$805

3 Bedroom, 2 Bath Townhome for Rent

Available Aug 5

5 Charles St

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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property at 114 Ferris Place

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

6 Bedroom, 2 Bath Home for Rent

Available Aug 8

114 Ferris Place

IthacaNY14850
property at 706 Linn St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

706 Linn St

IthacaNY14850
property at 203 Linden Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

6 Bedroom, 2 Bath Home for Rent

Available Jun 15

203 Linden Ave

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.

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property at 107 Elmwood Ave

$1,100 - $4,460

4 Bedroom Rentals

Available Aug 15

107 Elmwood Ave

IthacaNY14850
property at 125 W Green St

$1,300 - $2,700

1 To 2 Bedroom Rentals

Available Jul 1

125 W Green St

IthacaNY14850

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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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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648 Hudson St
3 Bedroom Apartments

648 Hudson St

648 Hudson StIthaca, NY 14850
  • Utilities Included
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200 Highland Ave
3 to 6 Bedroom Apartments

200 Highland Ave

200 Highland AveIthaca, NY 14850

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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Showing Results 1-50, Page 1 of 2

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 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 $649. Here are the most affordable Collegetown apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio,$225
Auden Ithaca02B3BR,1BA$649
Commons WestStudioStudio,1BA$1,395
Lakeside Vista2 Bedroom / 1 Bathroom - Whole Apartment2BR,1BA$1,539
City View ApartmentsY SeriesStudio,1BA$1,575
400 Stewart Ave1 Bed 1 Bath1BR,1BA$1,675
Ravenwood Apartments3x1 (C01, C02, D01, D02, E02)3BR,1BA$1,800

Best Value Apartments for Rent in Collegetown, NY

As of May 26, 2026 the best value apartment in the Collegetown area is the $0.41 price per square foot 4BR 2 Bathroom Model at 212 Giles St Furnished Free Parking in the in the Western South Hill neighborhood starting from $740. The second greatest value Collegetown 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 Collegetown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
212 Giles St Furnished Free Parking4BR 2 Bathroom4BR,2BA$0.41
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
Gateway Commons2BR/2.0BA2BR,2BA$2.61
West Shore – Furnished & All-Inclusive3bed 1bath3BR,1BA$0.96
213 Dearborn Pl, Unit 1 Bedroom Apartment213 Dearborn Pl1BR,1BA$1.50
513 S Albany St, Unit 513513 S Albany St3BR,1.5BA$2.15
112 S Plain St, Unit Owner Suite112 S Plain St1BR,1BA$1.65
Ravenwood Apartments3x1 (C01, C02, D01, D02, E02)3BR,1BA$2.12
Lakeside Vista2 Bedroom / 1 Bathroom - Whole Apartment2BR,1BA$2.37
319 W Buffalo St319 W Buffalo StStudio ,1BA$1.75

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #13

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Collegetown Apartments

What is a cheap apartment in Collegetown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Collegetown is under $1,800.

What is the price of a cheap apartment in Collegetown?

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

What types of apartments are the cheapest in Collegetown?

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 130 regular apartments in Collegetown 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 Collegetown?

Cheap apartments in Collegetown have an average cost of $1,677 which is $9,073 cheaper than the average rent for all rentals in Collegetown.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.