Northeast Ithaca, New York Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Northeast Ithaca, New York rental market.

Northeast Ithaca, New York

Average Apartment Rent

$2,288

Y-o-Y Change in Average
Apartment Rent

-2.3%

As of March 2026

Compared to a year ago, Northeast Ithaca, New York apartments have recorded a -2.3% rent decrease.

Northeast Ithaca, New York Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Northeast Ithaca $2,084 $2,111 $2,235 $2,296 $2,317 $2,341 $2,343 $2,316 $2,288
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Northeast Ithaca
National
Jul 2023
$2,084
$1,735
Nov 2023
$2,111
$1,724
Mar 2024
$2,235
$1,729
Jul 2024
$2,296
$1,750
Nov 2024
$2,317
$1,743
Mar 2025
$2,341
$1,749
Jul 2025
$2,343
$1,763
Nov 2025
$2,316
$1,749
Mar 2026
$2,288
$1,750

Northeast Ithaca, New York Average Apartment Rent

Northeast Ithaca, New York Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 36.15%, apartments priced $1,500 - $2,000 represent the bulk of Northeast Ithaca, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.32%.

Northeast Ithaca, New York Housing tenure**

Renter occupied housing units 460
Owner occupied housing units 709

Renters take up 39% of Northeast Ithaca, New York real estate, occupying a total of 460 units, while homeowners live in 709 properties.

Median number of rooms of renter-occupied housing units**

3.8

Renter median household income**

$64,100

Average household size of renter-occupied housing units**

1.72

Rental vacancy rate**

6.7%

Northeast Ithaca, New York Renter-occupied housing units by no. of bedrooms**

No bedrooms 21
1 bed 133
2 beds 182
3 beds 90
5 or more beds 34

There are 182 rentals in Northeast Ithaca, New York with 2 beds making up the highest share of the market, at 40%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 21 units. Overall, the median number of rooms in Northeast Ithaca, New York homes for rent is 3.8.

Northeast Ithaca, New York Renter-occupied units by age of householder**

15 - 24 years 100
25 - 34 years 126
35 - 44 years 87
45 - 54 years 102
55 - 59 years 25
60 - 64 years 4
65 - 74 years 16

Most condos for rent in Northeast Ithaca, New York are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

Northeast Ithaca, New York Renter-occupied housing units by family type**

Family households 175
Non-Family Households 285

Northeast Ithaca, New York Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 92
No related children of the householder under 18 368

A total of 175 apartments for rent in Northeast Ithaca, New York, or 38% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 92 units. All in all, the median size of a renter-occupied household in Northeast Ithaca, New York is 1.72.

Northeast Ithaca, New York Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 6
Some college or associate's degree 30
Bachelor's degree or higher 424

In terms of education, renters holding bachelor degrees or higher make up 92% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Northeast Ithaca, New York.

Northeast Ithaca, New York Renter-occupied units by year structure built**

Built 2000 - 2009 38
Built 1990 - 1999 126
Built 1980 - 1989 48
Built 1970 - 1979 113
Built 1960 - 1969 104
Built 1950 - 1959 31

The highest share of Northeast Ithaca, New York apartment rentals, namely 27% or 126 units, were Built 1990 - 1999, followed by those Built 1970 - 1979 (25%, 113 units), and the ones Built 1960 - 1969 (23%, 104 units).

Northeast Ithaca, New York Renter-occupied units by year householder moved in**

Moved in 2021 or later 34
Moved in 2018 to 2020 243
Moved in 2010 to 2017 152
Moved in 2000 to 2009 25
Moved in 1989 or earlier 6

Median year renter moved into unit 2019

Most Northeast Ithaca, New York renters (53%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Northeast Ithaca, New York condos for rent is 2019.

Northeast Ithaca, New York Renter-occupied housing units by vehicles available**

No vehicle available 30
1 vehicle available 347
2 vehicles available 67
3 or more vehicles available 16

When it comes to transportation options, 75% of Northeast Ithaca, New York renters have 1 vehicle available per household, 15% of them have 2 vehicles available, and 7% have No vehicle available.

Northeast Ithaca, New York Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 284
Car, truck, or van - carpooled 65
Public transportation (excluding taxicab) 37
Walked 4
Taxicab, motorcycle, bicycle, or other means 16
Worked at home 137

Northeast Ithaca, New York Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 547
Moved within same county 153
Moved from different county within same state 44
Moved from different state 32
Moved from abroad 16

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Northeast Ithaca, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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