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


120 James St, Unit 1

5 Charles St

526 Stewart Ave

105 N Quarry 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.

108 Stewart Ave

133 Linden Ave

114 Ferris Place

105-1 Bool St

302 Mitchell 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.

705 E Seneca St
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 | $2,094 | $1,670 | $3,500 |
| Collegetown 3 Bedroom Homes for Rent | $2,486 | $805 | $4,950 |
| Collegetown 4 Bedroom Homes for Rent | $2,566 | $765 | $3,500 |
| Collegetown 5 Bedroom Homes for Rent | $3,645 | $850 | $5,000 |
| Collegetown 6 Bedroom Homes for Rent | $1,037 | $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 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 Collegetown Terrace priced from $629. 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 |
|---|---|---|---|
| Collegetown Terrace | Quarry Large Room - Shared Bath | Studio, | $629 |
| Auden Ithaca | 3x1 A6 | 3BR,1BA | $649 |
| Ravenwood Apartments | Room Rental | 5BR,2BA | $700 |
| 601 E State St - Fully Furnished! | Building 2 6 bedroom 2 bath | 6BR,2BA | $800 |
| 127-129 Eddy Street | studio 129 BF | Studio,1BA | $1,075 |
Best Value Apartments for Rent in Collegetown, NY
As of December 27, 2025 the best value apartment in the Collegetown area is the $1.40 price per square foot 506 S Cayuga St Model at 506 S Cayuga St, Unit 1 in the in the Western South Hill neighborhood starting from $2,800. 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. |
|---|---|---|---|
| 506 S Cayuga St, Unit 1 | 506 S Cayuga St | 4BR,1.5BA | $1.40 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| Eddygate Park Apartments | Room Rental | 1BR,1BA | $0.68 |
| 513 S Albany St, Unit 513 | 513 S Albany St | 3BR,1.5BA | $2.30 |
| 702 N Aurora St, Unit 3 | 702 N Aurora St | 3BR,1BA | $1.70 |
| 115 Prospect St, Unit 2 | 115 Prospect St | 3BR,1BA | $2.10 |
| 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 |
| 414 E Lincoln St, Unit 2 | 414 E Lincoln St | 2BR,1BA | $2.31 |
| 114 N Aurora St, Unit B | 114 N Aurora St | 1BR,1BA | $2.19 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 264 Apartments for Rent in Collegetown, NY with pricing that ranges from $629 to $24,000. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Collegetown ranging from $750 to $5,000.
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 $750 to $5,000 with an average monthly rent of $1,872.
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 $649 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 $689.
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!