Cheap Homes for Rent in Ithaca, NY from $600 (21 Rentals)

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

property at 120 James St

120 James St, Unit 1

120 James St
IthacaNY14850
property at 5 Charles St

5 Charles St

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 1048 Danby Rd

1048 Danby Rd

IthacaNY14850
property at 114 Ferris Place

114 Ferris Place

IthacaNY14850

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.

property at 125 Highland Pl

125 Highland Pl

IthacaNY14850
property at 105 N Quarry St

105 N Quarry St

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: 11/08/2025

Current apartment rentals in the Ithaca, NY area range in price from $629 to $24,000 with an overall median price of $17,029. The three Ithaca neighborhoods with the lowest median rent pricing are Downtown Ithaca at $800, Northwest Ithaca at $677, and Western South Hill at $629. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ithaca Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Ithaca$3,000$80078
Northwest Ithaca$3,320$67787
Western South Hill$3,400$6291406
Central Business District$14,150$6292104
Eastern South Hill$14,150$6292050
North Belle Sherman$14,150$6292038
South Hill Ithaca$14,150$6291989
Southside$14,150$6292099
Cayuga Heights$24,000$649177
Collegetown$24,000$6292052

Cheapest Available Ithaca Apartments for Rent

 

The cheapest available apartment rental in Ithaca, NY is a Studio unit found at Collegetown Terrace in the Western South Hill neighborhood priced from $629. Auden Ithaca in the North Campus neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here is today’s list of the most affordable Ithaca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collegetown TerraceQuarry Large Room - Shared BathStudio,$629
Auden Ithaca3x1 A63BR,1BA$649
Ravenwood ApartmentsRoom Rental5BR,2BA$700
401 Eddy Street401 Eddy Street - F3BR,1BA$800
601 E State St - Fully Furnished!Building 2 6 bedroom 2 bath6BR,2BA$800

Best Value Apartments for Rent in Ithaca, NY

As of November 09, 2025 the best value apartment in the Ithaca area is the $0.49 price per square foot Full 6 Bedroom Apartment 3 Model at 111 Osmun Place - See Details in the in the North Campus neighborhood starting from $875. The second greatest value Ithaca apartment is the 3 Bedroom 2 Bath Model at 102 Turkey Hill Rd - Utilities Included! starting at $867 with a $0.48 price per square foot . 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.
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
102 Turkey Hill Rd - Utilities Included!3 Bedroom 2 Bath6BR,4BA$0.48
918 Danby Rd, Unit 918 unit#1918 Danby Rd4BR,1BA$0.94
Uptown Village ApartmentsUptown 2 Bed2BR,1.5BA$1.23
137 Honness Ln, Unit A137 Honness Ln1BR,1BA$0.77
All-Inclusive Living in Collegetown!6 bedroom6BR,2BA$1.06
804 E Seneca St, Unit 1804 E Seneca St2BR,1BA$0.96
601 E State St - Fully Furnished!Building 23BR,1BA$1.18
The Overlook at West HillTwo Bedroom2BR,1BA$0.98
West Village Apartments1 Bed, 1 bath1BR,1BA$1.35

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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

Explore Ithaca, NY Rentals by Map

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Frequently Asked Questions about Ithaca

What type of rentals are currently available in Ithaca?

There are currently 365 Apartments for Rent in Ithaca, NY with pricing that ranges from $629 to $24,000. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ithaca ranging from $650 to $5,000.

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 $650 to $5,000 with an average monthly rent of $1,961.

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 $649 to $5,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $3,950. Four Bedroom Single-Family rentals are also available starting from $765 and Four Bedroom Apartments start at $689.

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.

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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! 

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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.

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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.