Cheap Homes for Rent in Downtown Ithaca Neighborhood of Ithaca, NY from $700 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Ithaca area of Ithaca.

property at 120 James St

120 James St, Unit 1

120 James St
IthacaNY14850
property at 5 Charles St

5 Charles St

IthacaNY14850
property at 114 Ferris Place

114 Ferris Place

IthacaNY14850

Downtown Ithaca, Ithaca, NY Local Guide

Cheapest Available Downtown Ithaca Apartments for Rent

 

The cheapest available apartment rental in the Downtown Ithaca area of Ithaca, NY is a 6 Beds unit found at 601 E State St - Fully Furnished! priced from $800. 408 Stewart Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Downtown Ithaca apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
601 E State St - Fully Furnished!Building 2 6 bedroom 2 bath6BR,2BA$800
408 Stewart Ave.408 Stewart Ave. - 5Studio,1BA$1,100
City View ApartmentsY SeriesStudio,1BA$1,575

Best Value Apartments for Rent in Downtown Ithaca, NY

As of November 01, 2025 the best value apartment in the Downtown Ithaca 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
506 S Cayuga St, Unit 1506 S Cayuga St4BR,1.5BA$1.40
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
410 Hillview Plz, Unit 410AptB410 Hillview Plz3BR,1BA$1.75
115 Prospect St, Unit 2115 Prospect St3BR,1BA$2.10
804 E Seneca St, Unit 1804 E Seneca St2BR,1BA$0.96
806 E Seneca St, Unit 1806 E Seneca St2BR,1BA$0.95
512 Stewart Ave, Unit 1512 Stewart Ave3BR,1BA$1.88
601 E State St - Fully Furnished!Building 23BR,1BA$1.18
114 N Aurora St, Unit B114 N Aurora St1BR,1BA$2.19
706 E Buffalo St, Unit 1706 E Buffalo St6BR,1BA$1.30

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Pet Friendly Lifestyle
Downtown Ithaca, Ithaca, NY

Ranked #4

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Downtown Ithaca

What type of rentals are currently available in Downtown Ithaca?

There are currently 131 Apartments for Rent in Downtown Ithaca, NY with pricing that ranges from $800 to $7,560. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ithaca ranging from $765 to $4,170.

What is the current price range for Rental Homes in Downtown Ithaca?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Ithaca ranges from $765 to $4,170 with an average monthly rent of $1,924.

How much are larger Three and Four Bedroom Rentals in Downtown Ithaca?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Ithaca range from $830 to $3,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $805 to $3,775. Four Bedroom Single-Family rentals are also available starting from $765 and Four Bedroom Apartments start at $830.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.