120 James St, Unit 1, Unit 1
120 James St
IthacaNY14850
Cheap Homes for Rent in Downtown Ithaca Neighborhood of Ithaca, NY from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ithaca area of Ithaca.
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.
105 N Quarry St
IthacaNY14850
114 Ferris Place
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.
209 Williams St
IthacaNY14850
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Downtown Ithaca, Ithaca, NY Local Guide
How much does it cost to rent a home in Downtown Ithaca?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ithaca 2 Bedroom Homes for Rent | $1,625 | $1,625 | $1,625 |
| Downtown Ithaca 3 Bedroom Homes for Rent | $2,225 | $805 | $3,775 |
| Downtown Ithaca 4 Bedroom Homes for Rent | $1,858 | $740 | $2,800 |
| Downtown Ithaca 5 Bedroom Homes for Rent | $900 | $900 | $900 |
| Downtown Ithaca 6 Bedroom Homes for Rent | $925 | $925 | $925 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Ithaca Neighborhood of Ithaca, NY.
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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 408 Stewart Ave. priced from $1,100. Commons West has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Downtown Ithaca apartments for rent in Ithaca, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 408 Stewart Ave. | 408 Stewart Ave. - 5 | Studio,1BA | $1,100 |
| Commons West | Studio | Studio,1BA | $1,395 |
| City View Apartments | Y Series | Studio,1BA | $1,575 |
Best Value Apartments for Rent in Downtown Ithaca, NY
As of May 08, 2026 the best value apartment in the Downtown Ithaca 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 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 | $0.41 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| Gateway Commons | 2BR/2.0BA | 2BR,2BA | $2.53 |
| The Dean | 2 Bedroom 1.5 Bath – 1,130 | 2BR,1.5BA | $3.32 |
| 513 S Albany St, Unit 513 | 513 S Albany St | 3BR,1.5BA | $2.15 |
| Seneca Way | A | 1BR,1BA | $2.52 |
| 319 W Buffalo St | 319 W Buffalo St | Studio ,1BA | $1.75 |
| Cayuga Place | Cayuga Lofts- A.D | Studio ,2BA | $3.93 |
| Library Place | A01 | 1BR,1BA | $4.89 |
| 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.
Read Article
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 #4
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Ithaca
What type of rentals are currently available in Downtown Ithaca?
There are currently 123 Apartments for Rent in Downtown Ithaca, NY with pricing that ranges from $785 to $10,750. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ithaca ranging from $740 to $3,775.
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 $740 to $3,775 with an average monthly rent of $1,506.
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 $4,105, 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 $740 and Four Bedroom Apartments start at $825.
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
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.
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.