Most Affordable Neighborhoods in Ithaca, NY
Some of the cheapest neighborhoods in Ithaca are Cayuga Heights, Northwest Ithaca, and East Ithaca. These neighborhoods offer some of the lowest rent prices in Ithaca, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Ithaca is $1,874, which is 2% 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.
Cayuga Heights
Average Rent
$1,668/Month
Year-Over-Year Rent Change
6.6%
TransitScore® Rating
0/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Ithaca, Cayuga Heights might be the perfect place! It has an average rent price of $1,668, while the city’s average stands at $1,874. In the last year, prices have increased by 6.6%. Cayuga Heights is near Sciencenter, Ithaca College, and Ithaca Tompkins International.
Northwest Ithaca
Average Rent
$1,736/Month
Year-Over-Year Rent Change
6.5%
TransitScore® Rating
0/100
Units Available
2 Rentals
Northwest Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwest Ithaca is $1,736 while the city average is $1,874. This is a 6.5% difference from last year. Residents enjoy convenient access to Museum of the Earth, Keuka College, and Fuertes Observatory. The neighborhood is considered car-dependent with a WalkScore® of 6.
East Ithaca
Average Rent
$1,803/Month
Year-Over-Year Rent Change
8.1%
TransitScore® Rating
0/100
Units Available
17 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out East Ithaca. The average rent is $1,803, compared to the city average of $1,874. Rent prices have decreased by 8.1%. East Ithaca is convenient to Buttermilk Falls State Park, East Hill Plaza, and Ithaca Tompkins International. The community is car-dependent with a WalkScore® of 49.
Northeast Ithaca
Average Rent
$1,877/Month
Year-Over-Year Rent Change
6.3%
TransitScore® Rating
0/100
Units Available
25 Rentals
Northeast Ithaca is an affordable neighborhood in Ithaca with an average rent price of $1,877. Compare this to the city average of $1,874. In the past year, rent prices have increased by 6.3%. Northeast Ithaca provides easy access to SUNY Cortland, Ithaca Tompkins International, and Cornell Laboratory of Ornithology and Johnson Center Visitor Center. It’s a car-dependent neighborhood with a WalkScore® of 37.
Collegetown
Average Rent
$1,902/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
0/100
Units Available
44 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 $1,902, while the city’s average stands at $1,874. In the last year, prices have decreased by 0.8%. Collegetown is near Newman Arboretum, Elmira/Corning Regional, and Cornell University.
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 a top choice for budget-conscious renters for a variety of reasons. The average rent in South Hill Ithaca is $2,000 while the city average is $1,874. This is a 1.1% difference from last year. Residents enjoy convenient access to Elmira/Corning Regional, Ithaca College, and Cornell Plantations. The neighborhood is considered car-dependent with a WalkScore® of 29.
Ithaca
Average Rent
$2,110/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
0/100
Units Available
145 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out Ithaca. The average rent is $2,110, compared to the city average of $1,874. Rent prices have increased by 4.1%. Ithaca is convenient to Keuka College, Fuertes Observatory, and Elmira/Corning Regional. The community is walkable with a WalkScore® of 76.
Downtown Ithaca
Average Rent
$2,574/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
0/100
Units Available
66 Rentals
Downtown Ithaca is an affordable neighborhood in Ithaca with an average rent price of $2,574. Compare this to the city average of $1,874. In the past year, rent prices have decreased by 0.2%. Downtown Ithaca provides easy access to SUNY Cortland, Fuertes Observatory, and Sciencenter. It’s a walkable neighborhood 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.