Rentometer, Inc. | Data as of 10/22/2025
Ithaca’s metro rental market blends a dynamic student community with a vibrant downtown scene, offering a diverse array of housing options for professionals, families, and scholars alike. Proximity to Cornell University, Ithaca College, and the scenic Cayuga Lake makes the area especially appealing for those seeking both academic energy and natural beauty. Residents enjoy easy access to cultural venues, farmer’s markets, and a thriving food scene, all within a walkable environment that reflects the city’s progressive spirit.
Apartment rentals in Ithaca generally fall within the $1800‑$2000 range for studios and one‑bedroom units, with two‑bedroom apartments typically reaching the $1900‑$2100 bracket. Larger three‑ and four‑plus bedroom apartments trend toward the $2200‑$2700 spectrum, reflecting the demand for family‑friendly space near campus and downtown. House rentals also present competitive choices: one‑ and two‑bedroom homes often sit in the $1600‑$2100 range, while three‑bedroom houses trend near $2500 and larger homes can command $3200‑$3400, offering ample room for growing households.
Key neighborhoods such as Downtown Ithaca, West Hill, and South Hill each provide distinct character— from historic brownstones and lively street cafés to quieter, tree‑lined streets near the lake. Attractions like Buttermilk Falls State Park and the Ithaca Farmers Market add lifestyle appeal, while easy transit links keep commuters connected to regional employment centers. Whether you’re a student, a young professional, or a family, Ithaca’s rental landscape balances affordability with quality living, making it a top choice for those seeking a welcoming and well‑connected community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,818 | $1,765 | $975 - $2,579 | $1,495 - $2,250 |
| Apartment | 1 Bedroom | $1,826 | $1,736 | $500 - $3,436 | $1,276 - $2,500 |
| Apartment | 2 Bedroom | $2,043 | $1,800 | $675 - $4,723 | $1,500 - $2,390 |
| Apartment | 3 Bedroom | $2,196 | $2,205 | $789 - $4,900 | $1,550 - $2,700 |
| Apartment | 4+ Bedroom | $2,840 | $2,500 | $725 - $9,600 | $1,150 - $3,975 |
| House | 1 Bedroom | $2,374 | $1,360 | $600 - $7,600 | $975 - $2,350 |
| House | 2 Bedroom | $1,947 | $1,750 | $850 - $3,300 | $1,500 - $2,500 |
| House | 3 Bedroom | $2,516 | $2,550 | $800 - $3,987 | $2,190 - $2,995 |
| House | 4+ Bedroom | $3,287 | $3,125 | $803 - $7,200 | $2,800 - $3,950 |
In the current period, the average rent in Ithaca, NY was $1,818 for Studio, $1,861 for 1 Bedroom, $2,027 for 2 Bedroom, $2,343 for 3 Bedroom, and $2,754 for 4+ Bedroom.
Data provided by Rentometer, Inc.