Metro FMR · CBSA 27060 · HUD FY2026

Ithaca, NY MSA Fair Market Rent

HUD's FY2026 Fair Market Rent for the Ithaca, NY MSA metro area - 53% above the US average.

$1,466
1-bedroom FMR
$1,753
2-bedroom FMR
-1.5%
YoY change
+53%
vs US avg

The verdict

A 2-bedroom in the Ithaca, NY MSA area rents at $1,753 under HUD's FY2026 Fair Market Rent - 49% above the US average, higher than 83% of the 387 metro areas HUD tracks.

#66
priciest of 387 US metros (2BR)
+49%
vs the US 2-bedroom average
$70,120
income to afford it (30% rule)
-1.5%
1BR change, FY2025→2026

Affordability & income context

Ithaca: #66 priciest nationally · income context

At the metro's ACS median household income of $73,012, this 1-bedroom FMR takes 24.1% of annual income. It remains below the 30% affordability guide, but is a material part of a median-income household's budget.

The 2-bedroom figure places Ithaca in the upper-rent quarter of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 102,555 residents, this is a smaller-metro benchmark rather than a single-neighborhood rent quote.

Its 2-bedroom FMR sits in the upper-rent quarter of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

Observed renter burden: 54.8% of the 19,978 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$1,263/mo

20.8% of median income

1 Bedroom

$1,466/mo

24.1% of median income

2 Bedroom

$1,753/mo

28.8% of median income

3 Bedroom

$2,102/mo

34.5% of median income

4 Bedroom

$2,624/mo

43.1% of median income

FMR filing desk

CBSA CBSA·27060

Ithaca: $1,466/mo 1BR · #66 of 387 metros (2BR) · FY2026 CBSA 27060

  • CBSA 27060
  • 1BR-FMR $1,466
  • 2BR-FMR $1,753
  • RANK-MID #66
  • YOY-FLAT -1.5%
  • VSUS-HIGH +53%
  • IN-ST-HIGH #11 NY
  • INC-MID 24%
  • POP-MID 103K
  • PHOTO-NEAR Albany-Schenectady
  • VOUCH-90-110 $1,319–$1,613
  • FY-2026 FY2026

Photo-finish peer: Albany-Schenectady-Troy ($49 1BR gap)

Read with: Understanding rent burden

Where Ithaca sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,753 Top 17% higher than 83% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). Below this entry. $1,600–$1,800: 41 metro areas (11%). This entry sits in this band. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

Ithaca studio–4BR schedule (FY2026) · 2BR #66 nationally

1BR $1,466 (+53% vs US, -1.5% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 27060.

Studio
$1,263
US avg $893
↓4.3% YoY +41% vs US
1 Bedroom
$1,466
US avg $959
↓1.5% YoY +53% vs US
2 Bedroom
$1,753
US avg $1,175
↑3.0% YoY +49% vs US
3 Bedroom
$2,102
US avg $1,525
↑2.5% YoY +38% vs US
4 Bedroom
$2,624
US avg $1,756
↑11.5% YoY +49% vs US

How Ithaca compares on 1-bedroom rent

1-bedroom FMR vs other NY metro areas

1BR FMR / mo

What this shows Ithaca highlighted among 5 peers · FY2026 1BR HUD FMR.

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Ithaca: out-of-state FMR & burden peers

PlainRent pairs Ithaca with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside NY (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside NY

Nearest schedules by 2BR delta (FY2026).

Raleigh-Cary
NC · 2 BR $1,750/mo
Port St. Lucie
FL · 2 BR $1,757/mo
Modesto
CA · 2 BR $1,758/mo
Broadwater County
MT · 2 BR $1,748/mo

Burden % · outside NY

Nearest 2BR FMR ÷ ACS median income (FY2026).

Sacramento--Roseville--Arden-Arcade
CA · 28.8% of income · 2 BR $2,255/mo
Bergen-Passaic
NJ · 28.7% of income · 2 BR $2,324/mo
El Centro
CA · 29% of income · 2 BR $1,362/mo
Chico
CA · 28.4% of income · 2 BR $1,625/mo

Ithaca: quick answers

What is the average rent in the Ithaca, NY MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Ithaca, NY MSA is $1,466 per month. A 2-bedroom is $1,753 and a studio is $1,263.
How does Ithaca, NY MSA rent compare to the national average? ▼
Rent in the Ithaca, NY MSA metro area is 53% above the national average. A 1-bedroom costs $1,466 compared to $959 nationally.
Where does Ithaca rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,753 ranks #66 most expensive among 387 US metro areas (the upper-rent quarter of HUD metro areas).
What income do I need to afford rent in Ithaca, NY MSA? ▼
Based on the 30% affordability rule, you need an annual income of at least $58,640 ($4,887/month) to afford a 1-bedroom at Fair Market Rent in the Ithaca, NY MSA area.

Compare Ithaca vs Albany-Schenectady-Troy →

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,466/mo · 1BR NY

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.