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ZIP Code · NY

ZIP 14850

Part of Ithaca, NY
Pop. 68,610·Tompkins County·239th most expensive ZIP in New York
Median rent (all units)
$1,949/mo
Year-over-Year
-1.9%
Month-over-Month
-1.0%
vs US Median
-$16
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 14850 · $1,949
More expensive than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,360
1 BR
$1,580
2 BR
$1,890
3 BR
$2,270
4 BR+
$2,830
Research median
$1,890/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,388/yr
At $1,949/mo median
Location
CityIthaca
StateNY
CountyTompkins County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.9% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.9% YoY, -1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 14850 (Ithaca, NY) is majority renter-occupied, skews toward younger working-age adults, 70.6% of residents hold a bachelor's degree or higher.

Population
68,610
Median income
$71,445
Median age
28.1
Renters
55.2%
Age distribution
45.3%
19.6%
14.8%
Under 1812%
18–3445.3%
35–5419.6%
55–648.4%
65+14.8%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
69.3%
13.8%
White69.3%
Black5.1%
Hispanic7.6%
Asian13.8%
Other4.1%
Education (25+)
14.9%
70.6%
No HS diploma4.3%
HS diploma10.1%
Some college14.9%
Bachelor's+70.6%
Housing tenure
44.8%
55.2%
Owner44.8%
Renter55.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 14850 in Ithaca, NY has changed in 5 years

Income
$58,846 → $71,445
up 21.4%
Population
67,991 → 68,610
up 0.9%
Renter share
56.7% → 55.2%
-1.5 pts
Bachelor's+
67.2% → 70.6%
+3.4 pts

On the earnings side, the typical household in ZIP 14850 in Ithaca, NY now reports about $71,445, up from $58,846 in 2021. The renter share has eased from 56.7% to 55.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 67.2% to 70.6% across the same window.

Community

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Local insights

Tips for renters in ZIP 14850

About renting in ZIP 14850

Last updated: July 20, 2026

ZIP code 14850 covers Ithaca, NY. The median rent here is $1,949/mo as of July 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,890/mo.

At 33% of local median household income ($71,445/yr), ZIP 14850 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 14850?

As of July 20, 2026, the median monthly rent in ZIP 14850 (Ithaca, NY) is $1,949. This is based on aggregated data from public sources and community submissions.

How does ZIP 14850 rent compare to the US average?

ZIP 14850's median rent of $1,949/mo is $16 (1%) below the US national median of $1,965/mo.

How does ZIP 14850 compare to other ZIPs in New York?

ZIP 14850 is among the more affordable ZIP codes in New York, ranking #239 out of 344 ZIPs at $1,949/mo.

How much income do you need to rent in ZIP 14850?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,949/mo in ZIP 14850. The local median household income is $71,445/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 14850?

Rent in ZIP 14850 has decreased 1.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 14850 an affordable place to rent?

ZIP 14850 is considered moderate for renters. At $1,949/mo, rent takes approximately 33% of the local median household income ($71,445/yr). The standard benchmark is 30%. ZIP 14850 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 14850 residents rent vs. own?

According to Census data, approximately 55.2% of ZIP 14850 households are renters, while 44.8% are owner-occupied. With a majority renter population, ZIP 14850 has a strong rental market.

How does ZIP 14850 compare to the rest of Ithaca?

ZIP 14850 is pricier than Ithaca as a whole. At $1,949/mo, it's $2 above the Ithaca citywide median of $1,947/mo.

When was rent data for ZIP 14850 last updated?

Rent data for ZIP 14850 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,949/mo, rent takes ~33% of ZIP 14850's median household income ($71,445/yr). The standard benchmark is 30%.

ZIP 14850 33%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 14850 (Ithaca, NY)

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