Cheap Apartments for Rent in the University Hill Neighborhood of Ithaca, NY from $600 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Hill area of 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 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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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409 Dryden Rd, Unit 1
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
1 Bedroom Apartment Available Aug 1

409 Dryden Rd, Unit 1

409 Dryden RdIthaca, NY 14850
Affordability
property at 107 Elmwood Ave

$1,025 - $4,100

4 Bedroom Rentals

Available Jan 1, 2027

107 Elmwood Ave

IthacaNY14850
property at 803 E Seneca St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

6 Bedroom, 2 Bath Home for Rent

Available Now

803 E Seneca St, Unit 1

803 E Seneca St
IthacaNY14850

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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330 W State St, Unit 2
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150
1 Bedroom Apartment Available Aug 8

330 W State St, Unit 2

330 W State StIthaca, NY 14850
Affordability
property at 305 Cornell St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

5 Bedroom, 3 Bath Home for Rent

Available Aug 1

305 Cornell St

IthacaNY14850

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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311 Dryden Rd, Unit 2
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400
2 Bedroom Apartment Available Aug 1

311 Dryden Rd, Unit 2

311 Dryden RdIthaca, NY 14850
Furnished
  • Smoke Free
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127 College Ave
$1,500 - $2,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,895
Total Monthly Price
$1,500 - $2,895
Studio to 3 Bedroom Apartment Available Jun 5, 2027

127 College Ave

127 College AveIthaca, NY 14850
Furnished
  • Smoke Free
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105 Dryden Rd, Unit 2
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600
2 Bedroom Apartment Available Aug 1

105 Dryden Rd, Unit 2

105 Dryden RdIthaca, NY 14850
Furnished
  • Smoke Free

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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Parkside Vista
2 Bedroom Apartments

Parkside Vista

204 Fair StIthaca, NY 14850
Student Housing
  • Utilities Included
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505 E Seneca St
1 Bedroom Apartments

505 E Seneca St

505 E Seneca StIthaca, NY 14850
Furnished
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200 Highland Ave
3 to 6 Bedroom Apartments

200 Highland Ave

200 Highland AveIthaca, 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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Showing Results 1-50, Page 1 of 2

University Hill, Ithaca, NY Local Guide

Cheapest Available University Hill Apartments for Rent

 

The cheapest available apartment rental in the University Hill area of Ithaca, NY is a Studio unit found at RIDGETOP Apartments in Collegetown priced from $225. Ravenwood Apartments has the second lowest priced unit, which is a 5 Beds apartment currently listed from $700. Here are the most affordable University Hill apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio,$225
Ravenwood ApartmentsRoom-by-Room Rentals Available at Ravenwood – U...5BR,2BA$700
126 College Ave6 Bed6BR,2BA$900
407 College AveLiving in Collegetown—Made Affordable. All Util...4BR,2BA$995
111 Osmun Place - See DetailsFull 5 Bedroom Apartment 25BR,1BA$1,050

Best Value Apartments for Rent in University Hill, NY

As of July 28, 2026 the best value apartment in the University Hill 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 University Hill 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 University Hill 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
111 Osmun Place - See DetailsFull 3 Bedroom Apartment 43BR,1BA$0.58
212 Giles St Furnished Free Parking4BR 2 Bathroom4BR,2BA$0.39
126 College Ave6 Bed6BR,2BA$0.54
Ravenwood ApartmentsRoom-by-Room Rentals Available at Ravenwood – U...5BR,2BA$0.44
503 Dryden Rd3 Bedrooms3BR,1BA$0.57
306 Highland Rd3 Bedrooms3BR,1BA$0.73
107 Elmwood 7 Minute Walk to Campus!College Ave 3bed 1bath3BR,1BA$0.96
806 E Seneca St806 E Seneca St5BR,1BA$0.95

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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
University Hill, Ithaca, NY

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
University Hill, Ithaca, NY

School data provided by Great Schools

Frequently Asked Questions about Cheap University Hill Apartments

What is a cheap apartment in University Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Hill is under $1,050.

What is the price of a cheap apartment in University Hill?

The cheapest apartment in University Hill is Fairview Apartments which is listed at $1,312, while the average apartment in University Hill costs $10,750.

What types of apartments are the cheapest in University Hill?

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 135 regular apartments in University Hill 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 University Hill?

Cheap apartments in University Hill have an average cost of $1,345 which is $9,405 cheaper than the average rent for all rentals in University Hill.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.