Northwest Ithaca, New York Rental Market Trends
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 Northwest Ithaca, New York rental market.
Northwest 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, Northwest Ithaca, New York apartments have recorded a -2.3% rent decrease.
Northwest Ithaca, New York Average apartment rent trend
Northwest Ithaca, New York Average Apartment Rent
Northwest Ithaca, New York Apartment rent ranges
At 36.15%, apartments priced $1,500 - $2,000 represent the bulk of Northwest Ithaca, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.32%.
Northwest Ithaca, New York Housing tenure**
Renters take up 55% of Northwest Ithaca, New York real estate, occupying a total of 485 units, while homeowners live in 390 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$28,606
Average household size of renter-occupied housing units**
1.66
Rental vacancy rate**
2.2%
Northwest Ithaca, New York Renter-occupied housing units by no. of bedrooms**
There are 259 rentals in Northwest Ithaca, New York with 2 beds making up the highest share of the market, at 53%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 10 units. Overall, the median number of rooms in Northwest Ithaca, New York homes for rent is 3.8.
Northwest Ithaca, New York Renter-occupied units by age of householder**
Most condos for rent in Northwest Ithaca, New York are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 85 years and over age group (16%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 9%.
Northwest Ithaca, New York Renter-occupied housing units by family type**
Northwest Ithaca, New York Renter-occupied housing units by the presence of own children**
A total of 220 apartments for rent in Northwest Ithaca, New York, or 45% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 127 units. All in all, the median size of a renter-occupied household in Northwest Ithaca, New York is 1.66.
Northwest Ithaca, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Northwest Ithaca, New York.
Northwest Ithaca, New York Renter-occupied units by year structure built**
The highest share of Northwest Ithaca, New York apartment rentals, namely 31% or 151 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (26%, 128 units), and the ones Built 1960 - 1969 (14%, 66 units).
Northwest Ithaca, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Northwest Ithaca, New York renters (45%) moved in 2010 to 2017, while only 8% of them moved in 2021 or later. Overall, the median year renters have occupied their Northwest Ithaca, New York condos for rent is 2016.
Northwest Ithaca, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Northwest Ithaca, New York renters have 1 vehicle available per household, 33% of them have No vehicle available, and 13% have 2 vehicles available.
Northwest Ithaca, New York Means of transportation to work of householders living in renter-occupied housing units**
Northwest Ithaca, New York Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Northwest 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
