Collegetown, Ithaca, NY Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Collegetown is $3,096, a 2.41% increase compared to the previous year, when the average rent was $3,023.
Studio Apartments at $1,940 offer the most budget-friendly option with 81 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 415 square feet for $2,396, balancing privacy and affordability.
Two-beedroom units at $3,866 offer 579 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (998 sq ft) for $5,942, suitable for larger households.
Average rent in Collegetown, Ithaca, NY
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,096 | 371 sq. ft. |
| Studio | $1,940 | 81 sq. ft. |
| 1 Bed | $2,396 | 415 sq. ft. |
| 2 Beds | $3,866 | 579 sq. ft. |
| 3 Beds | $5,942 | 998 sq. ft. |
Collegetown, Ithaca, NY rent trends
Rental prices in Collegetown, Ithaca, NY have increased by 2.41% over the past year. The average rent moved from $3,023 to $3,096.
What's the typical rent budget in Collegetown, Ithaca, NY?
The largest share of rentals in Collegetown, Ithaca, NY (35%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Collegetown, Ithaca, NY?
15,927 or 56% of the households in Collegetown, Ithaca, NY are renter-occupied while 12,600 or 44% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Collegetown apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.