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516 University Ave

Apartment
5 beds
1-2 baths
1,466-1,600 sqft

About 516 University Ave

The Ravenwood Apartments, situated just one block from the edge of Cornell's West Campus, offers spacious living accommodations. These fully furnished apartments include everything you need for a comfortable lifestyle, from couches, easy chairs and coffee tables in the living rooms to desks, dressers and your choice of single or double beds in the bedrooms. Each apartment features a private entrance, providing an added sense of privacy and convenience. The large kitchens are perfect for cooking and entertaining, ensuring you have plenty of space for all your culinary needs. For those with vehicles, two well-lit parking lots are available to meet most parking requirements. Public transportation is easily accessible with a conveniently located bus stop right out front at the corner of University Ave. and Lake St. This prime location allows for easy commuting and quick access to Cornell University and the surrounding areas. Enjoy the perfect blend of necessary amenities and a convenient location at the Ravenwood Apartments, making it an ideal choice for students and professionals alike. High Speed Internet, Dishwasher, Microwave, Oven, Online rent payments available, Public transportation access nearby, On-site laundry facilities, Professionally managed, Snow Removal, 24 Hour Emergency Maintenance, Fully-furnished, West Campus, Huge closets, Sewage, Recycling, Hot Water, Stove top, Furnished, Refrigerator, Pet-friendly, Full-sized baths & Parking Available.
RentalSource last checked: June 11, 2026 · 3:23 PM ET
Managed by: Ravenwood · (607) 275-5341 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $700 - $3,500
Bedrooms: 5 beds
Bathrooms: 1-2 baths
Size: 1,466-1,600 sqft
Pet Friendly: No
Listing Status: Active
ID: 83042060

Property Amenities

•  Dishwasher
•  Furnished
•  High-Speed Internet
•  Microwave
•  Refrigerator
•  Wheelchair Access
•  Walk-in Closets

Community Features

•  Laundry Facilities
•  Public Transportation
•  Parking

Unit Rates

Name Beds Baths Sqft Rent
5 Beds 5 2 - $700
5 Beds 5 1 1,600 $1,800
5 Beds 5 2 1,466 $2,200
5 Beds 5 2 1,466 $3,500

Additional Details

Apartments for rent in Ithaca for $700-$3,500 with 5 beds, 1-2 baths, 1,466-1,600 sqft and located at 516 University Ave in Ithaca, NY 14850. The averaged rental price of $2,100 is 23.0% ($629) lower than the average rent of $2,729 for apartments in Ithaca, NY. 516 University Ave was advertised by Ravenwood on February 10, 2026 at 11:41 AM ET and last updated today at 3:23 PM ET.

Affordability Calculator

Can I afford to live at 516 University Ave?
Bedrooms
5 bedrooms
30%
10% Recommended 50%
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$28,000 /year
With your chosen rent-to-income ratio, an annual income of $28,000 is recommended to comfortably afford this 5-bedroom rental priced at $700 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$700 - $3,500
Interested in 516 University Ave?
Find out more about this property & see if it's available now.
Property managed by:
Ravenwood
(607) 275-5341
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

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516 University Ave, Ithaca, NY 14850 - Apartment for Rent
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