Cheap Apartments for Rent in the University Hill Neighborhood of Ithaca, NY from $689 (72 Rentals)

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

property at 445 N Tioga St
$700 - $2,100
3 Bedroom Rentals
Available Now
Furnished

445 N Tioga St

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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property at 107 Elmwood Ave
$1,025 - $4,100
4 Bedroom Rentals
Available Jan 1, 2027
Affordability

107 Elmwood Ave

IthacaNY14850
property at 112 Hudson St
$1,075 - $1,750
1 To 2 Bedroom Rentals
Available Now
Affordability

112 Hudson 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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509 E Buffalo St
$1,265 - $1,950

Total Monthly Price

Base Rent$1,265 - $1,950
Total Monthly Price$1,265 - $1,950
Studio to 2 Bedroom Apartment Available Aug 8, 2027

509 E Buffalo St

509 E Buffalo StIthaca, NY 14850
Furnished
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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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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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property at 103 Highland Pl
$1,595 - $5,180
Studio To 4 Bedroom Rentals
Available Jun 1, 2027
Furnished

103 Highland Pl

IthacaNY14850
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227 Linden Ave, Unit 1
$1,600

Total Monthly Price

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

227 Linden Ave, Unit 1

227 Linden AveIthaca, NY 14850
Furnished
property at 108 2nd St
$1,600
1 Bedroom Rentals
Available Now
Affordability

108 2nd St

IthacaNY14850
property at 209 S Meadow St
$1,700 - $2,100
2 To 3 Bedroom Rentals
Available Now
Affordability

209 S Meadow 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.

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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. Quarry St. Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,000. Here are the most affordable University Hill apartments for rent in Ithaca, NY:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio, $225
Quarry St. Apartments3BR/1.0BA3BR, 1BA$1,000
111 Osmun Place - See DetailsFull 5 Bedroom Apartment 25BR, 1BA$1,050
120 Westbourne Lane A Baker House Residence3BR/2BA3BR, 2BA$1,079
Fairview ApartmentsManor 1 Bedroom1BR, 1BA$1,250
Edgecliff Apartments1x1 (6)1BR, 1BA$1,305

Best Value Apartments for Rent in University Hill, NY

As of September 18, 2026 the best value apartment in the University Hill area is the $0.95 price per square foot 110 S Quarry St Model at 110 S Quarry St, Unit 110 S. Quarry St. in the Western South Hill neighborhood starting from $2,000. The second greatest value University Hill apartment is the 3 Bedroom 2 Bath Model at 212 Giles St Furnished Free Parking in the Ithaca neighborhood starting at $780 with a $0.43 price per square foot. 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.
110 S Quarry St, Unit 110 S. Quarry St.110 S Quarry St3BR, 1BA$0.95
212 Giles St Furnished Free Parking3 Bedroom 2 Bath3BR, 2BA$0.43
111 Osmun Place - See DetailsFull 3 Bedroom Apartment 43BR, 1BA$0.58
116-118 Eddy St116 Eddy2BR, 1BA$1.33
118 Eddy St, Unit 116 Eddy118 Eddy St2BR, 1BA$1.33
505 Dryden Rd505 Dryden Rd1BR, 1BA$0.50
444 N Tioga St, Unit 2444 N Tioga St3BR, 1.5BA$1.55
Cornell Housing | Furnished Suites602 male law students1BR, 2BA$1.24
213 Dearborn Pl, Unit 1 Bedroom Apartment213 Dearborn Pl1BR, 1BA$1.50
706 E Buffalo St706 E Buffalo St3BR, 1BA$1.30

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Lifestyle
University Hill, Ithaca, NY

Ranked #14

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 $1,305.

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

The cheapest apartment in University Hill is Fairview Apartments which is listed at $1,250, while the average apartment in University Hill costs $2,500.

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 185 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 $1,455 which is $1,045 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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.