Best Affordable Neighborhoods in Ithaca, NY
Some of the cheapest neighborhoods in Ithaca are Northeast Ithaca, East Ithaca, and Collegetown. These neighborhoods offer some of the lowest rent prices in Ithaca, making them ideal for renters on a budget. As of December 13, 2025, the average rent in Ithaca is $1,841, which is 2.5% lower 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.
Northeast Ithaca
Average Rent
$1,763/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
0/100
Units Available
55 Rentals
Northeast Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Ithaca is $1,763 while the city average is $1,841. This is a 0.8% difference from last year. Residents enjoy convenient access to Keuka College, Cornell University, and Triphammer Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 37.
East Ithaca
Average Rent
$2,122/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
0/100
Units Available
372 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out East Ithaca. The average rent is $2,122, compared to the city average of $1,841. Rent prices have decreased by 5.8%. East Ithaca is convenient to Fuertes Observatory, Ithaca College, and Ithaca Tompkins International. The community is car-dependent with a WalkScore® of 48.
Collegetown
Average Rent
$2,160/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
0/100
Units Available
519 Rentals
Collegetown is an affordable neighborhood in Ithaca with an average rent price of $2,160. Compare this to the city average of $1,841. In the past year, rent prices have increased by 1.2%. Collegetown provides easy access to Keuka College, Sciencenter, and Fuertes Observatory. It’s a walkable neighborhood with a WalkScore® of 91.
Ithaca
Average Rent
$2,186/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
0/100
Units Available
667 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 $2,186, while the city’s average stands at $1,841. In the last year, prices have decreased by 0.8%. Ithaca is near Ithaca College, Cornell Plantations, and Keuka College.
Cayuga Heights
Average Rent
$2,217/Month
Year-Over-Year Rent Change
7.3%
TransitScore® Rating
0/100
Units Available
31 Rentals
Cayuga Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cayuga Heights is $2,217 while the city average is $1,841. This is a 7.3% difference from last year. Residents enjoy convenient access to Fuertes Observatory, Keuka College, and Corners Community Center. The neighborhood is considered car-dependent with a WalkScore® of 39.
Dewitt Historic District
Average Rent
$2,357/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out Dewitt Historic District. The average rent is $2,357, compared to the city average of $1,841. Dewitt Historic District is convenient to Fuertes Observatory, Newman Arboretum, and Keuka College. The community is walkable with a WalkScore® of 98.
Downtown Ithaca
Average Rent
$2,452/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
0/100
Units Available
70 Rentals
Downtown Ithaca is an affordable neighborhood in Ithaca with an average rent price of $2,452. Compare this to the city average of $1,841. In the past year, rent prices have decreased by 5.8%. Downtown Ithaca provides easy access to Elmira/Corning Regional, Ithaca College, and Cornell Plantations. It’s a walkable neighborhood with a WalkScore® of 98.
Ithaca Downtown Historic District
Average Rent
$2,470/Month
TransitScore® Rating
0/100
Units Available
69 Rentals
If you’re looking for a great, affordable neighborhood in Ithaca, Ithaca Downtown Historic District might be the perfect place! It has an average rent price of $2,470, while the city’s average stands at $1,841. Ithaca Downtown Historic District is near Creekside Plaza, Keuka College, and Cornell Plantations.
Northwest Ithaca
Average Rent
$2,574/Month
Year-Over-Year Rent Change
10.7%
TransitScore® Rating
0/100
Units Available
46 Rentals
Northwest Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwest Ithaca is $2,574 while the city average is $1,841. This is a -10.7% difference from last year. Residents enjoy convenient access to Co-Op Shopping Center, Creekside Plaza, and Keuka College. The neighborhood is considered car-dependent with a WalkScore® of 6.
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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.