Most Affordable Neighborhoods in Ithaca, NY
Some of the cheapest neighborhoods in Ithaca are Northwest Ithaca, Cayuga Heights, and East Ithaca. These neighborhoods offer some of the lowest rent prices in Ithaca, making them ideal for renters on a budget. As of January 26, 2025, the average rent in Ithaca is $1,857, which is 0.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Northwest Ithaca
Average Rent
$1,708/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
0/100
Units Available
3 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out Northwest Ithaca. The average rent is $1,708, compared to the city average of $1,857. Rent prices have increased by 3.6%. Northwest Ithaca is convenient to Sciencenter, Keuka College, and Ithaca Shopping Plaza. The community is car-dependent with a WalkScore® of 6.
Cayuga Heights
Average Rent
$1,725/Month
Year-Over-Year Rent Change
7.5%
TransitScore® Rating
0/100
Units Available
22 Rentals
Cayuga Heights is an affordable neighborhood in Ithaca with an average rent price of $1,725. Compare this to the city average of $1,857. In the past year, rent prices have increased by 7.5%. Cayuga Heights provides easy access to Sciencenter, SUNY Cortland, and Elmira/Corning Regional. It’s a car-dependent neighborhood with a WalkScore® of 39.
East Ithaca
Average Rent
$1,758/Month
Year-Over-Year Rent Change
5.2%
TransitScore® Rating
0/100
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Ithaca, East Ithaca might be the perfect place! It has an average rent price of $1,758, while the city’s average stands at $1,857. In the last year, prices have decreased by 5.2%. East Ithaca is near Fuertes Observatory, Creekside Plaza, and East Hill Plaza.
Northeast Ithaca
Average Rent
$1,834/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
0/100
Units Available
34 Rentals
Northeast Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Ithaca is $1,834 while the city average is $1,857. This is a 3.6% difference from last year. Residents enjoy convenient access to Newman Arboretum, Elmira/Corning Regional, and Cornell University. The neighborhood is considered car-dependent with a WalkScore® of 37.
Collegetown
Average Rent
$1,878/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
0/100
Units Available
50 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out Collegetown. The average rent is $1,878, compared to the city average of $1,857. Rent prices have increased by 0.5%. Collegetown is convenient to Alan Treman State Marine Park, Co-Op Shopping Center, and SUNY Cortland. The community is walkable with a WalkScore® of 91.
South Hill Ithaca
Average Rent
$2,000/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
0/100
Units Available
1 Rentals
South Hill Ithaca is an affordable neighborhood in Ithaca with an average rent price of $2,000. Compare this to the city average of $1,857. In the past year, rent prices have increased by 1.5%. South Hill Ithaca provides easy access to SUNY Cortland, Elmira Road Shopping Center, and Fuertes Observatory. It’s a car-dependent neighborhood with a WalkScore® of 29.
Ithaca
Average Rent
$2,184/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
0/100
Units Available
193 Rentals
If you’re looking for a great, affordable neighborhood in Ithaca, Ithaca might be the perfect place! It has an average rent price of $2,184, while the city’s average stands at $1,857. In the last year, prices have increased by 1.5%. Ithaca is near SUNY Cortland, Cornell Plantations, and Co-Op Shopping Center.
Downtown Ithaca
Average Rent
$2,604/Month
Year-Over-Year Rent Change
4.7%
TransitScore® Rating
0/100
Units Available
87 Rentals
Downtown Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Ithaca is $2,604 while the city average is $1,857. This is a -4.7% difference from last year. Residents enjoy convenient access to SUNY Cortland, Ithaca Tompkins International, and Elmira/Corning Regional. The neighborhood is considered walkable with a WalkScore® of 98.
Ready to make your move to Ithaca? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.