
Home Price Key
These days, finding an affordable place to live in the Ithaca area can be challenging. Home prices in Ithaca are now at a median cost of $231,599, higher than the Ohio average of $181,280.
The average cost of rent is $831/mo in Ithaca, primarily driven by the current value of real estate in the Ithaca area. While nearly 33.53% of residents own their homes outright in Ithaca, 7.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ithaca is $6,499 per month. Households that rent pay about 12.78% of their income on rent here. Ithaca's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
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