Most Affordable Neighborhoods in Ithaca, NY

Some of the cheapest neighborhoods in Ithaca are East Ithaca, Northwest Ithaca, and Collegetown. These neighborhoods offer some of the lowest rent prices in Ithaca, making them ideal for renters on a budget. As of November 26, 2024, the average rent in Ithaca is $1,873, which is 2.1% 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.

East Ithaca

Average Rent

$1,732/Month

Year-Over-Year Rent Change

8.1%

TransitScore® Rating

0/100

Units Available

20 Rentals

When you’re looking for a great Ithaca neighborhood on a budget, check out East Ithaca. The average rent is $1,732, compared to the city average of $1,873. Rent prices have decreased by 8.1%. East Ithaca is convenient to Fuertes Observatory, Elmira/Corning Regional, and Creekside Plaza. The community is car-dependent with a WalkScore® of 49.

Northwest Ithaca

Average Rent

$1,757/Month

Year-Over-Year Rent Change

12%

TransitScore® Rating

0/100

Units Available

2 Rentals

Northwest Ithaca is an affordable neighborhood in Ithaca with an average rent price of $1,757. Compare this to the city average of $1,873. In the past year, rent prices have increased by 12%. Northwest Ithaca provides easy access to Cornell Plantations, Keuka College, and Ithaca Tompkins International. It’s a car-dependent neighborhood with a WalkScore® of 6.

Collegetown

Average Rent

$1,804/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

0/100

Units Available

51 Rentals

If you’re looking for a great, affordable neighborhood in Ithaca, Collegetown might be the perfect place! It has an average rent price of $1,804, while the city’s average stands at $1,873. In the last year, prices have decreased by 0.8%. Collegetown is near Ithaca Tompkins International, Sciencenter, and East Hill Plaza.

Cayuga Heights

Average Rent

$1,823/Month

Year-Over-Year Rent Change

6.6%

TransitScore® Rating

0/100

Units Available

10 Rentals

Cayuga Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cayuga Heights is $1,823 while the city average is $1,873. This is a 6.6% difference from last year. Residents enjoy convenient access to Triphammer Shopping Center, Newman Arboretum, and Sciencenter. The neighborhood is considered car-dependent with a WalkScore® of 39.

Northeast Ithaca

Average Rent

$1,876/Month

Year-Over-Year Rent Change

6.7%

TransitScore® Rating

0/100

Units Available

20 Rentals

When you’re looking for a great Ithaca neighborhood on a budget, check out Northeast Ithaca. The average rent is $1,876, compared to the city average of $1,873. Rent prices have increased by 6.7%. Northeast Ithaca is convenient to Cornell Plantations, Elmira/Corning Regional, and Ithaca College. The community is car-dependent with a WalkScore® of 37.

South Hill Ithaca

Average Rent

$2,000/Month

Year-Over-Year Rent Change

1.1%

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 $1,873. In the past year, rent prices have increased by 1.1%. South Hill Ithaca provides easy access to South Meadow Square, Elmira Road Shopping Center, and Ithaca Tompkins International. It’s a car-dependent neighborhood with a WalkScore® of 29.

Ithaca

Average Rent

$2,066/Month

Year-Over-Year Rent Change

4%

TransitScore® Rating

0/100

Units Available

116 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 $2,066, while the city’s average stands at $1,873. In the last year, prices have increased by 4%. Ithaca is near Sciencenter, Alan Treman State Marine Park, and Ithaca Tompkins International.

Downtown Ithaca

Average Rent

$2,493/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

0/100

Units Available

48 Rentals

Downtown Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Ithaca is $2,493 while the city average is $1,873. This is a -0.6% difference from last year. Residents enjoy convenient access to Ithaca College, SUNY Cortland, and Alan Treman State Marine Park. 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.