Evergreen Pointe
1061 Dryden Rd,
Ithaca, NY 14850
1-3 Beds | $2,495 - $3,495
Rental Market Trends in Ithaca, NY
What is the average rent in Ithaca, NY?
$1,855/month
Average Rent
672 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of January 2025, the average rent in Ithaca, NY is $1,855 per month. This is 19% higher than the national average rent price of $1,553/month, making Ithaca one of the most expensive cities in the US. When you rent an apartment in Ithaca, you can expect to pay about $1,671 per month for a studio, $1,855 for a one-bedroom apartment, and around $2,082 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,327 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Ithaca, NY?
In the past year, rent has increased by 0.5%, which averages out to $10 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Ithaca, NY
Last Updated January 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
6%
$700 - $1,000/month
23%
$1,001 - $1,500/month
29%
$1,501 - $2,000/month
41%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Ithaca?
Based on current rent prices, Northwest Ithaca, Collegetown and East Ithaca are the most affordable neighborhoods in Ithaca.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Ithaca?
Based on current rent prices, Downtown Ithaca, Ithaca and South Hill Ithaca are the most expensive neighborhoods in Ithaca.
Neighborhood
Average Rent
Average Sq Ft
Which Ithaca neighborhoods have the most rentals available?
The neighborhoods in Ithaca with the most apartments available are Ithaca, Downtown Ithaca and Collegetown .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ithaca, NY?
Because the average rent in Ithaca is $1,855, you’ll want to make about $6,183 per month or $74,196 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Ithaca, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Ithaca, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$2,008/month
One Bedroom
$1,471/month
$2,602/month
Two Bedroom
$1,599/month
$3,234/month
Three Bedroom
-
$3,497/month
Apartment communities in Ithaca we think you'll love
Property Management Companies in Ithaca, NY
Solomon Organization
-
53
Communities
-
21,332
Units
-
43
Cities
4 Communities in Ithaca
Park Grove Realty, LLC
-
10
Communities
-
864
Units
-
8
Cities
3 Communities in Ithaca
Greystar
-
3,189
Communities
-
885,772
Units
-
826
Cities
1 Community in Ithaca
Cardinal Group Management and Advisory, LLC
-
164
Communities
-
36,136
Units
-
86
Cities
1 Community in Ithaca
Vesper Holdings
-
28
Communities
-
9,603
Units
-
25
Cities
1 Community in Ithaca
DHM Properties
-
27
Communities
-
6,683
Units
-
19
Cities
1 Community in Ithaca
TIAA
-
12
Communities
-
3,537
Units
-
11
Cities
1 Community in Ithaca
NAI Global
-
17
Communities
-
1,685
Units
-
11
Cities
1 Community in Ithaca
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.