Rental market snapshot for Ithaca, New York

Ithaca, New York Rental Property Market Overview

The average rent for an apartment in Ithaca is $1,607. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 3.7% over the past year.

Ithaca is a small city located in upstate New York. It is home to Cornell University and Ithaca College. The city has a population of about 30,000 people. Ithaca is known for its beautiful scenery, as it is located in the Finger Lakes region. The city has many parks and trails, as well as gorges and waterfalls. Downtown Ithaca is lively, with a variety of shops, restaurants, and bars.

Last Updated December 23, 2022

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Average monthly rent graph in Ithaca New York | Cost of Living

  • The most expensive ZIP Code in Ithaca is 14850 with an average price of $1,699
  • The cheapest ZIP Code in Ithaca is 14850 with an average price of $1,418

Ithaca ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
114850$1,699

Live near Ithaca, New York's Top Sights and Attractions

Ithaca Falls Natural Area is a scenic spot located near the center of Ithaca. Visitors can view the falls from an overlook, take a short hike to the base of the falls, or explore the gorge.

Cass Park is a large park located on the east side of Ithaca, New York. The park features a playground, a basketball court, a baseball field, and a picnic area. The park also has a large pond, which is popular for fishing.

The Herbert F Johnson Museum Of Art is a large museum located on the campus of Cornell University. The museum has a wide variety of art on display, including paintings, sculptures, and photographs.

The Sciencenter Discovery Museum is a hands-on museum in Ithaca, New York that features over 250 interactive exhibits about science and technology. Visitors can learn about topics such as astronomy, chemistry, physics, and engineering through hands-on activities and demonstrations. The museum also offers a variety of programs and events for all ages.

Dewitt Park is a small, urban park located in the heart of Ithaca, New York. The park is home to a variety of trees, shrubs, and flowers, as well as a small pond. Visitors to the park can enjoy a variety of activities, including walking, picnicking, and fishing.

Tutelo Park is a small park located in the heart of Ithaca, New York. The park is home to a variety of trees, flowers, and shrubs, as well as a small pond. Visitors to Tutelo Park can enjoy a variety of activities, including picnicking, fishing, and bird watching.

Wood Street Park is a small park located in the heart of Ithaca's downtown. The park is home to a variety of trees, shrubs, and flowers, as well as a small pond. Visitors to the park can enjoy a variety of activities, including picnicking, fishing, and bird watching.

Thompson Park is a large park located on the outskirts of Ithaca. It features a variety of activities and attractions, including a playground, a picnic area, a walking trail, and a pond.

Ithaca, New York area median rent change by ZIP Code map

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How does Ithaca compare to other cities in New York ?

citymedian price
Ballston Spa$2,150
Wappingers Falls$2,335
Islip Terrace$2,140
Canandaigua$1,305
Hamburg$1,625
Valley Stream$2,850
Westhampton Beach$12,000
Liverpool$921

Average household income in Ithaca area graph - US Census

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The median household income in Ithaca in 2021 was $38,019. This represents a 31.4% change from 2011 when the median was $28,940.

#categorypercent
0Less than $10,00022.9%
1$10,000 to $14,9995.8%
2$15,000 to $19,9996.5%
3$20,000 to $24,9994.7%
4$25,000 to $29,9992.8%
5$30,000 to $34,9995.1%
6$35,000 to $39,9993.2%
7$40,000 to $44,9998.5%
8$45,000 to $49,9991.9%
9$50,000 to $59,9996.2%
10$60,000 to $74,9996.6%
11$75,000 to $99,9995.9%
12$100,000 to $124,9994.0%
13$125,000 to $149,9993.8%
14$150,000 to $199,9996.7%
15$200,000 or more5.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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