
Cheap Homes for Rent in University Hill Neighborhood of Ithaca, NY from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the University Hill area of Ithaca.


313 Wait Ave

105 Valentine Pl

114 Ferris Place
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

419 Triphammer Rd

207 Kelvin Pl

302 Mitchell St
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.

201 Willard Way
University Hill, Ithaca, NY Local Guide

How much does it cost to rent a home in University Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Hill 2 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| University Hill 3 Bedroom Homes for Rent | $2,598 | $925 | $4,500 |
| University Hill 4 Bedroom Homes for Rent | $2,543 | $700 | $4,100 |
| University Hill 5 Bedroom Homes for Rent | $2,887 | $900 | $4,875 |
| University Hill 6 Bedroom Homes for Rent | $3,700 | $850 | $7,665 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the University Hill Neighborhood of Ithaca, NY.
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University Hill, Ithaca, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIDGETOP Apartments in Collegetown | Parking | Studio, | $225 |
| Quarry St. Apartments | 3BR/1.0BA | 3BR,1BA | $1,000 |
| 111 Osmun Place - See Details | Full 5 Bedroom Apartment 2 | 5BR,1BA | $1,050 |
Best Value Apartments for Rent in University Hill, NY
As of June 20, 2026 the best value apartment in the University Hill area is the $0.09 price per square foot 614 Stewart Ave Model at 614 Stewart Ave in the in the North Campus neighborhood starting from $925. The second greatest value University Hill apartment is the 608 E Buffalo St Model at 608 E Buffalo St starting at $965 with a $0.10 price per square foot in the North Campus neighborhood. Here is today’s list of the best values for University Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 614 Stewart Ave | 614 Stewart Ave | 5BR,2BA | $0.09 |
| 608 E Buffalo St | 608 E Buffalo St | 5BR,2BA | $0.10 |
| 212 Giles St Furnished Free Parking | 4BR 2 Bathroom | 4BR,2BA | $0.39 |
| 111 Osmun Place - See Details | Full 3 Bedroom Apartment 4 | 3BR,1BA | $0.58 |
| 519 Wyckoff Rd, Unit 3 | 519 Wyckoff Rd | 2BR,1BA | $1.00 |
| 503 Dryden Rd | 3 Bedrooms | 3BR,1BA | $0.57 |
| Quarry St. Apartments | 3BR/1.0BA | 3BR,1BA | $0.87 |
| 209 College Ave | 209 College Ave | 3BR,1BA | $1.01 |
| 107 Elmwood 7 Minute Walk to Campus! | College Ave 3bed 1bath | 3BR,1BA | $0.96 |
| 306 Highland Rd | 3 Bedrooms | 3BR,1BA | $0.73 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleUniversity Hill, Ithaca, NY
Ranked #15
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University Hill, Ithaca, NY
School data provided by Great Schools
Frequently Asked Questions about University Hill
What type of rentals are currently available in University Hill?
There are currently 251 Apartments for Rent in University Hill, NY with pricing that ranges from $225 to $10,750. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Hill ranging from $700 to $7,665.
What is the current price range for Rental Homes in University Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Hill ranges from $700 to $7,665 with an average monthly rent of $2,382.
How much are larger Three and Four Bedroom Rentals in University Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Hill range from $649 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $4,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $749.
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

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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.