Cheap Homes for Rent in Ithaca, NY from $700 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 120 James St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

4 Bedroom, 2 Bath Townhome for Rent

Available Aug 5

120 James St, Unit 1

120 James St
IthacaNY14850
property at 107 Mary Ln

$710

Total Monthly Price

Total Monthly Price

Base Rent
$710

Total Monthly Price
$710

3 Bedroom, 2 Bath Home for Rent

Available Now

107 Mary Ln

IthacaNY14850
property at 114 Ferris Place

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

6 Bedroom, 2 Bath Home for Rent

Available Aug 8

114 Ferris Place

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.

property at 203 Linden Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

6 Bedroom, 2 Bath Home for Rent

Available Jun 15, 2027

203 Linden Ave

IthacaNY14850
property at 205 Linden Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

6 Bedroom, 2 Bath Home for Rent

Available Jun 15, 2027

205 Linden Ave

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.

property at 120 Sapsucker Woods Road

$1,200 - $1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,700

Total Monthly Price
$1,200 - $1,700

1 To 2 Bedroom Townhomes for Rent

Available Now

property at 1047 Danby Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 12

1047 Danby Rd

IthacaNY14850
property at 1051 Danby Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 24

1051 Danby Rd

IthacaNY14850

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.

Ithaca, NY Local Guide

Cheapest Neighborhoods for Apartments in Ithaca, NY

Pricing Updated: 07/09/2026

Current apartment rentals in the Ithaca, NY area range in price from $225 to $18,645 with an overall median price of $8,874. The three Ithaca neighborhoods with the lowest median rent pricing are Cayuga Heights at $649, North Campus at $225, and Northeast Ithaca at $975. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ithaca Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cayuga Heights$3,200$64991
North Campus$3,200$22577
Northeast Ithaca$3,200$97554
Northwest Ithaca$3,385$67778
Central Business District$10,750$225252
Collegetown$10,750$225196
Cornell Heights$10,750$225303
Downtown Ithaca$10,750$650151
Eastern South Hill$10,750$225252
East Ithaca$10,750$225209

Cheapest Available Ithaca Apartments for Rent

 

The cheapest available apartment rental in Ithaca, NY is a Studio unit found at RIDGETOP Apartments in Collegetown in the North Campus neighborhood priced from $225. 36 German Cross Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Ithaca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio,$225
36 German Cross Rd1 BR, 1 BA1BR,1BA$950
Quarry St. Apartments3BR/1.0BA3BR,1BA$1,000
West Village Apartments2 Beds, 1 bath2BR,1BA$1,041
111 Osmun Place - See DetailsFull 5 Bedroom Apartment 25BR,1BA$1,050

Best Value Apartments for Rent in Ithaca, NY

As of July 09, 2026 the best value apartment in the Ithaca area is the $0.10 price per square foot 608 E Buffalo St Model at 608 E Buffalo St in the in the North Campus neighborhood starting from $965. The second greatest value Ithaca apartment is the 614 Stewart Ave Model at 614 Stewart Ave starting at $950 with a $0.10 price per square foot in the Ithaca neighborhood. Here is today’s list of the best values for Ithaca apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
608 E Buffalo St608 E Buffalo St5BR,2BA$0.10
614 Stewart Ave614 Stewart Ave6BR,2BA$0.10
212 Giles St Furnished Free Parking4BR 2 Bathroom4BR,2BA$0.39
111 Osmun Place - See DetailsFull 3 Bedroom Apartment 43BR,1BA$0.58
505 Dryden Rd505 Dryden Rd4BR,1BA$0.58
503 Dryden Rd3 Bedrooms3BR,1BA$0.57
Quarry St. Apartments3BR/1.0BA3BR,1BA$0.87
306 Highland Rd3 Bedrooms3BR,1BA$0.73
107 Elmwood 7 Minute Walk to Campus!College Ave 3bed 1bath3BR,1BA$0.96
36 German Cross Rd1 BR, 1 BA1BR,1BA$1.00

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
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ithaca, NY Rentals by Map

View Map
Ithaca, NY Apartments Map
View Map
Ithaca, NY Rental Homes Map

Frequently Asked Questions about Ithaca

What type of rentals are currently available in Ithaca?

There are currently 333 Apartments for Rent in Ithaca, NY with pricing that ranges from $225 to $18,645. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ithaca ranging from $700 to $4,875.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ithaca ranges from $700 to $4,875 with an average monthly rent of $1,919.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ithaca range from $650 to $18,645, while Three Bedroom Homes, Condos, and Townhomes for rent range from $710 to $4,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $754.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.