
Cheap Homes for Rent in Collegetown Neighborhood of Ithaca, NY from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Collegetown area of Ithaca.


313 Wait Ave

105 Valentine Pl

5 Charles St

114 Ferris Place

205 Linden Ave, Unit Full House or Apartments, Unit Full House or Apartments

203 Linden Ave
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.

209 Williams St

302 Mitchell St, Unit 302-upper 2nd3rd, Unit 302-upper 2nd3rd

201 Willard Way

123 Linden Ave

105 Westbourne Ln

213 Prospect St

211 Prospect St
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.
Collegetown, Ithaca, NY Local Guide

How much does it cost to rent a home in Collegetown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Collegetown 2 Bedroom Homes for Rent | $1,766 | $1,700 | $1,900 |
| Collegetown 3 Bedroom Homes for Rent | $2,607 | $805 | $4,850 |
| Collegetown 4 Bedroom Homes for Rent | $2,545 | $745 | $4,460 |
| Collegetown 5 Bedroom Homes for Rent | $4,187 | $3,500 | $4,875 |
| Collegetown 6 Bedroom Homes for Rent | $2,996 | $925 | $5,970 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Collegetown Neighborhood of Ithaca, NY.
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Collegetown, Ithaca, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIDGETOP Apartments in Collegetown | Parking | Studio, | $225 |
| Auden Ithaca | 02B | 3BR,1BA | $649 |
| 408 Stewart Ave. | 408 Stewart Ave. - 5 | Studio,1BA | $1,100 |
| Commons West | Studio | Studio,1BA | $1,395 |
| The Belleayre Building | 1B/1B | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Collegetown, NY
As of April 26, 2026 the best value apartment in the Collegetown area is the $0.41 price per square foot 4 Beds, 2 baths Model at 212 Giles St Furnished Free Parking in the in the Western South Hill neighborhood starting from $745. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 212 Giles St Furnished Free Parking | 4 Beds, 2 baths | 4BR,2BA | $0.41 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| 122 Delaware Ave, Unit 1 | 122 Delaware Ave | 3BR,1.5BA | $1.55 |
| Ravenwood Apartments | 5x2 (A05, A07, A08, B05, B07, B08) | 5BR,2BA | $2.39 |
| Gateway Commons | 2BR/2.0BA | 2BR,2BA | $2.50 |
| 213 Dearborn Pl, Unit 2 Bedroom Apartment | 213 Dearborn Pl | 2BR,1BA | $2.00 |
| 804 E Seneca St, Unit 1 | 804 E Seneca St | 2BR,1BA | $0.96 |
| 114 N Aurora St, Unit B | 114 N Aurora St | 1BR,1BA | $2.19 |
| The Belleayre Building | 1B/1B | 1BR,1BA | $1.94 |
| Lakeside Vista | 2 Bedroom / 1 Bathroom - Bedroom | 2BR,1BA | $1.18 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Pet Friendly LifestyleCollegetown, Ithaca, NY
Ranked #14
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Collegetown
What type of rentals are currently available in Collegetown?
There are currently 274 Apartments for Rent in Collegetown, NY with pricing that ranges from $225 to $11,750. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Collegetown ranging from $745 to $5,970.
What is the current price range for Rental Homes in Collegetown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Collegetown ranges from $745 to $5,970 with an average monthly rent of $2,367.
How much are larger Three and Four Bedroom Rentals in Collegetown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Collegetown range from $750 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $805 to $4,850. Four Bedroom Single-Family rentals are also available starting from $745 and Four Bedroom Apartments start at $800.
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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.