119-121 Prospect St
IthacaNY14850
Cheap Apartments for Rent in the Downtown Ithaca Neighborhood of Ithaca, NY from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ithaca area of Ithaca.
120 James St, Unit 1
120 James St
IthacaNY14850
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$785 - $825
Total Monthly Price
1 to 6 Bedroom Apartment Available Aug 5Total Monthly Price
Base Rent
$785 - $825
Total Monthly Price
$785 - $825
410 Stewart Ave
410 Stewart AveIthaca, NY 14850
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$830 - $965
Total Monthly Price
3 to 5 Bedroom Apartment Available Jun 5Total Monthly Price
Base Rent
$830 - $965
Total Monthly Price
$830 - $965
608 E Buffalo St
608 E Buffalo StIthaca, NY 14850
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$850
Total Monthly Price
3 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$850
Total Monthly Price
$850
118 Schuyler Plz, Unit 1
118 Schuyler PlzIthaca, NY 14850
114 Ferris Place
IthacaNY14850
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$1,000 - $3,3752 to 3 Bedroom Apartments Available Jun 10
Quarry St. Apartments
101 N Quarry StIthaca, NY 14850
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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$1,050
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,050
Total Monthly Price
$1,050
505 E Seneca St
505 E Seneca StIthaca, NY 14850
209 Williams St
IthacaNY14850
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$1,0952 Bedroom Apartment Available Now
112 Highland Pl, Unit 1
112 Highland PlIthaca, NY 14850
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$1,100 - $5,6253 to 5 Bedroom Apartments Available Aug 10
601 E State St
601 E State StIthaca, NY 14850
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$1,150
Total Monthly Price
1 Bedroom Apartment Available Aug 8Total Monthly Price
Base Rent
$1,150
Total Monthly Price
$1,150
330 W State St, Unit 2
330 W State StIthaca, NY 14850
125 W Green St
IthacaNY14850
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Rent Specials
$1,395 - $2,450Studio to 2 Bedroom Apartments Available Now
Commons West
101-107 E State StIthaca, NY 14850
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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$1,410 - $1,9101 to 2 Bedroom Apartments Available Aug 15
Center Ithaca
171 E State StIthaca, NY 14850
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$1,500
Total Monthly Price
2 Bedroom Apartment Available Aug 5Total Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
317 S Aurora St, Unit 4
317 S Aurora StIthaca, NY 14850
105 N Quarry St
IthacaNY14850
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Studio to 3 Bedroom Apartments
109 Sage Pl
109 Sage PlIthaca, NY 14850
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2 Bedroom Apartments
222 N Albany St
222 N Albany StIthaca, NY 14850
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Studio to 2 Bedroom Apartments
Cayuga Lofts
217 S Cayuga StIthaca, NY 14850
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Studio to 4 Bedroom Apartments
203 Williams St
203 Williams StIthaca, NY 14850
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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Studio to 2 Bedroom Apartments
Harolds Square
125 E State StIthaca, NY 14850
Showing Results 1-22, Page 1 of 1
Downtown Ithaca, Ithaca, NY Local Guide
How much does it cost to rent an apartment in Downtown Ithaca?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ithaca Studio Apartments | $2,274 | $1,395 | $2,704 |
| Downtown Ithaca 1 Bedroom Apartments | $2,488 | $785 | $4,019 |
| Downtown Ithaca 2 Bedroom Apartments | $2,983 | $1,095 | $4,886 |
| Downtown Ithaca 3 Bedroom Apartments | $2,914 | $650 | $4,105 |
| Downtown Ithaca 4 Bedroom Apartments | $3,285 | $825 | $4,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Ithaca Neighborhood of Ithaca, NY.
See all Apartments in IthacaExplore Ithaca
Downtown Ithaca, Ithaca, NY Local Guide
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Cheapest Available Downtown Ithaca Apartments for Rent
The cheapest available apartment rental in the Downtown Ithaca area of Ithaca, NY is a Studio unit found at Commons West priced from $1,395. City View Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,575. Here are the most affordable Downtown Ithaca apartments for rent in Ithaca, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Commons West | Studio | Studio,1BA | $1,395 |
| City View Apartments | Y Series | Studio,1BA | $1,575 |
| 400 Stewart Ave | 1 Bed 1 Bath | 1BR,1BA | $1,675 |
| Gateway Commons | 1BR/1.0BA | 1BR,1BA | $1,950 |
| Cayuga Place | Ithaca | Studio,2BA | $2,179 |
Best Value Apartments for Rent in Downtown Ithaca, NY
As of June 04, 2026 the best value apartment in the Downtown Ithaca area is the $0.39 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 $700. The second greatest value Downtown Ithaca 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 Downtown Ithaca apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 212 Giles St Furnished Free Parking | 4BR 2 Bathroom | 4BR,2BA | $0.39 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| 505 E Seneca St | 505 E Seneca St | 1BR,2.5BA | $0.70 |
| 513 S Albany St, Unit 513 | 513 S Albany St | 3BR,1.5BA | $1.54 |
| Gateway Commons | 2BR/2.0BA | 2BR,2BA | $2.61 |
| The Dean | 2 Bedroom 1.5 Bath – 1,130 | 2BR,1.5BA | $3.32 |
| Seneca Way | A | 1BR,1BA | $2.42 |
| 112 Highland Pl, Unit 1 | 112 Highland Pl | 2BR,1BA | $1.37 |
| Cayuga Place | Cayuga Lofts- A.D | Studio ,2BA | $3.93 |
| Commons West | Studio | Studio ,1BA | $3.49 |
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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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 LifestyleDowntown Ithaca, Ithaca, NY
Ranked #3
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Ithaca Apartments
What is a cheap apartment in Downtown Ithaca?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ithaca is under $2,275.
What is the price of a cheap apartment in Downtown Ithaca?
The cheapest apartment in Downtown Ithaca is Commons West which is listed at $1,595, while the average apartment in Downtown Ithaca costs $10,750.
What types of apartments are the cheapest in Downtown Ithaca?
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 128 regular apartments in Downtown Ithaca 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 Downtown Ithaca?
Cheap apartments in Downtown Ithaca have an average cost of $1,717 which is $9,033 cheaper than the average rent for all rentals in Downtown Ithaca.
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
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.
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.