$3,200 Per Month
- 4 Beds
- 2 Baths
- 2,512 Sq Ft
- House for Rent
204 Roat St, Ithaca, NY 14850
204 Roat St, Ithaca, NY 14850
Frequently Asked Questions
How much does it cost to rent a single-family home in Ithaca, NY?
The median rent for a single-family home in Ithaca, NY is $2,450 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Ithaca, NY?
To comfortably afford the median rent in Ithaca, NY, a household needs to earn roughly $81,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,025 per month in Ithaca, NY, renters typically need to show $6,075 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Ithaca, NY?
In Ithaca, NY, the price-to-rent ratio is 18.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Ithaca, NY are best for renting a single-family home?
The best neighborhood for renting in Ithaca, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include South Hill and Bryant Park and Belle Sherman, each with its own character and price range.
