Most Affordable Neighborhoods in Ithaca, NY
Some of the cheapest neighborhoods in Ithaca are East Ithaca, Northeast Ithaca, and Collegetown. These neighborhoods offer some of the lowest rent prices in Ithaca, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Ithaca is $1,861, which is 1.9% 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
$1,760/Month
Year-Over-Year Rent Change
9.9%
TransitScore® Rating
0/100
Units Available
18 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 $1,760, while the city’s average stands at $1,861. In the last year, prices have decreased by 9.9%. East Ithaca is near East Hill Plaza, Keuka College, and Cornell University.
Northeast Ithaca
Average Rent
$1,824/Month
Year-Over-Year Rent Change
15.6%
TransitScore® Rating
0/100
Units Available
98 Rentals
Northeast Ithaca is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Ithaca is $1,824 while the city average is $1,861. This is a 15.6% difference from last year. Residents enjoy convenient access to Sapsucker Woods Sanctuary, Village Green Shopping Center, and SUNY Cortland. The neighborhood is considered car-dependent with a WalkScore® of 37.
Collegetown
Average Rent
$1,898/Month
Year-Over-Year Rent Change
8.7%
TransitScore® Rating
0/100
Units Available
52 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out Collegetown. The average rent is $1,898, compared to the city average of $1,861. Rent prices have increased by 8.7%. Collegetown is convenient to Keuka College, Sciencenter, and Fuertes Observatory. The community is walkable with a WalkScore® of 91.
Ithaca
Average Rent
$2,037/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
0/100
Units Available
147 Rentals
Ithaca is an affordable neighborhood in Ithaca with an average rent price of $2,037. Compare this to the city average of $1,861. In the past year, rent prices have decreased by 0.5%. Ithaca provides easy access to Elmira/Corning Regional, Keuka College, and Creekside Plaza. It’s a walkable neighborhood with a WalkScore® of 76.
Henry St. John Historic District
Average Rent
$2,276/Month
TransitScore® Rating
0/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Ithaca, Henry St. John Historic District might be the perfect place! It has an average rent price of $2,276, while the city’s average stands at $1,861. Henry St. John Historic District is near Alan Treman State Marine Park, Cornell Plantations, and Keuka College.
Cayuga Heights
Average Rent
$2,312/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
0/100
Units Available
22 Rentals
Cayuga Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cayuga Heights is $2,312 while the city average is $1,861. This is a 2.8% difference from last year. Residents enjoy convenient access to SUNY Cortland, Sciencenter, and Village Green Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 39.
Downtown Ithaca
Average Rent
$2,407/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
0/100
Units Available
64 Rentals
When you’re looking for a great Ithaca neighborhood on a budget, check out Downtown Ithaca. The average rent is $2,407, compared to the city average of $1,861. Rent prices have decreased by 4.3%. Downtown Ithaca is convenient to Alan Treman State Marine Park, Newman Arboretum, and Co-Op Shopping Center. The community is walkable with a WalkScore® of 98.
Ithaca Downtown Historic District
Average Rent
$2,477/Month
TransitScore® Rating
0/100
Units Available
60 Rentals
Ithaca Downtown Historic District is an affordable neighborhood in Ithaca with an average rent price of $2,477. Compare this to the city average of $1,861. Ithaca Downtown Historic District provides easy access to Ithaca Tompkins International, Keuka College, and Ithaca College. It’s a walkable neighborhood with a WalkScore® of 98.
Clinton Block
Average Rent
$2,506/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Ithaca, Clinton Block might be the perfect place! It has an average rent price of $2,506, while the city’s average stands at $1,861. Clinton Block is near Keuka College, SUNY Cortland, and Alan Treman State Marine Park.
Dewitt Historic District
Average Rent
$2,508/Month
TransitScore® Rating
0/100
Units Available
21 Rentals
Dewitt Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dewitt Historic District is $2,508 while the city average is $1,861. Residents enjoy convenient access to Sciencenter, Co-Op Shopping Center, and Alan Treman State Marine Park. The neighborhood is considered walkable with a WalkScore® of 98.
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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.