Ithaca
New York · Ranked #144 of 373 metros
81Affordable
💡
Housing in Ithaca costs 3.91× the median income, below the national average of 4.5×. The median home price is $263K and median rent is $1,383/month. Ithaca ranks #144 of 373 metros for affordability.
Median Home Price
🏠$263K
Need $78K income
Median Rent
🔑$1,383
Need $55K income
Building Permits
🔨337
annual
Median Income
💰$67K
Pop: 108,927
Rent Burden
⚠️31.6%
of renters paying >30%
Homeownership
🏡55.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Ithaca | National |
|---|---|---|
| Price-to-Income Ratio | 3.91x | 6.1x |
| Rent Burden | 31.6% | 31.5% |
| Homeownership Rate | 55.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +64.9%Since 2000: +232.7%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,263/mo
1 Bedroom$1,466/mo
2 Bedroom$1,753/mo
3 Bedroom$2,102/mo
4 Bedroom$2,624/mo
Zillow Market Data
Home Value (ZHVI)
$340K
1yr: +2.3%5yr: +39.7%
Rent (ZORI)
$1,969/mo
1yr: +3.9%5yr: +38.5%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$413K
Active Inventory
6
Days on Market
86
Sold Above List
0.0%
Price Drops
16.7%