Zumper
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Updated 1 Day Ago

Highlights

  • State-of-the-art fitness center
  • Intercom system
  • Designer finishes
  • In-unit washer and dryer
  • Wall-mounted smart tv
  • Spa-style bathroom

Location

201 Oak Ave, Ithaca, NY 14850, USA
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Contact

Management

MLR Property Management, LLC

Leasing office

(607) 603-7467 ext. 2

Property Overview

THE SUMMIT at 201 OAK AVENUE offers a strong renter experience with a 7.3 overall rating, standout amenities, and a highly convenient location, alongside a detailed and trustworthy property description. Highlights include a state-of-the-art fitness center, designer finishes, in-unit washer and dryer, a wall-mounted smart TV, and a spa-style bathroom, plus 50 photos for a helpful visual preview. It is especially appealing for fitness and wellness, work-from-home needs, and social living.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.3
Very Good
THE SUMMIT at 201 OAK AVENUE is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Fireplace
  • Images Available
  • Outdoor space

Great for

  • Social life
  • Wellness
  • Work-from-home

Floor plans

0BR/1.0BAStudio1 bath$2,800 /mo2 units availableStep into something new at The Summit at 201 Oak Avenue, A new standard for living in Collegetown. Just steps from Cornell University and overlooking Cascadilla Gorge, this brand-new building brings together modern design, comfort, and an unbeatable location right in the center of it all. Each apartment is fully furnished and thoughtfully designed to feel clean, modern, and easy to live in from day one. In the studio units, you’ll find details that make a real difference, from the ambient LED fireplace and mounted smart TV to a sleek kitchen with stainless steel appliances and quartz countertops. The space is finished with new flooring, updated furnishings, and a spa-style bathroom complete with a glass shower and LED mirror. Select units also feature Juliet balconies with views of the gorge and Collegetown. Beyond your apartment, the building is set up to fit your everyday routine. Whether you’re getting a workout in at the fitness center, focusing in the private study spaces, or spending time in the lounge and entertainment areas, everything you need is right downstairs. Secure entry, keyless access, bike storage, and outdoor space add an extra layer of convenience. Living here means being able to walk to campus, grab food nearby, and stay connected to everything happening in Collegetown without the hassle of commuting. Leasing is now open for August 2026, and availability is limited. Reach out to learn more or secure your spot before it fills up.
1BR/1.0BA1 bed1 bath$2,900 /mo1 unit availableStep into something new at The Summit at 201 Oak Avenue, a brand-new building in the heart of Collegetown just steps from Cornell University and overlooking Cascadilla Gorge. With a combination of modern design, comfort, and location, it’s built for an easy, elevated everyday living experience. The one-bedroom units offer a little more space and privacy while keeping the same clean, modern feel throughout. Each apartment comes fully furnished and ready to go from day one, with a separate bedroom that gives you room to unwind, study, and recharge without feeling cramped. The living area is designed to feel open and comfortable, complete with an ambient LED fireplace and mounted smart TV that make it easy to relax at the end of the day. The kitchen is finished with stainless steel appliances and quartz countertops, giving it a sleek, updated look while still being practical for everyday use. The bathroom follows that same style, with a glass shower, LED mirror, and modern finishes that keep everything feeling fresh and well put together. Select units also include Juliet balconies with views of Cascadilla Gorge and Collegetown. Throughout the building, everything is designed to make your routine easier. Whether you’re using the fitness center, getting work done in the study spaces, or spending time in the lounge and entertainment areas, it’s all right there when you need it. Secure entry, keyless access, bike storage, and outdoor space add an extra level of convenience. Living here means being able to walk to campus, grab food nearby, and stay close to everything happening in Collegetown without having to think about transportation. Leasing is now open for August 2026, and one-bedroom units are limited. Reach out to learn more or secure your spot before they’re gone.
2BR/2.0BA2 bed2 bath$4,100–$4,400 /mo2 units availableStep into something new at The Summit at 201 Oak Avenue, a brand-new building right in the heart of Collegetown, just steps from Cornell University and overlooking Cascadilla Gorge. It’s a space that brings together modern design, comfort, and a location that makes everyday life easier. The two-bedroom units are ideal if you’re looking to live with a roommate while still having your own space. Each apartment is fully furnished and thoughtfully laid out, with separate bedrooms that give you privacy and a shared living area that feels open and comfortable. Whether you’re relaxing or having people over, the space is designed to feel easy to live in. Inside, you’ll find details that make a difference day to day. The living area features an ambient LED fireplace and mounted smart TV, while the kitchen is finished with stainless steel appliances and quartz countertops, giving it a clean, modern look. The bathrooms carry that same style, with glass showers, LED mirrors, and updated finishes. Select units also include Juliet balconies with views of Cascadilla Gorge and Collegetown. The building itself is set up to support your routine, whether that means working out in the fitness center, getting work done in the study spaces, or spending time in the lounge and entertainment areas. With secure entry, keyless access, bike storage, and outdoor space, everything is designed to be simple and convenient. Living here means you can walk to campus, meet friends nearby, and stay close to everything happening in Collegetown without dealing with transportation or long commutes. Leasing is now open for August 2026, and two-bedroom units tend to go quickly. Reach out to learn more or secure your spot before they fill up.

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Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Building details

Property details

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About THE SUMMIT at 201 OAK AVENUE

HomeApartments in Ithaca THE SUMMIT at 201 OAK AVENUE

Welcome to The Summit at 201 Oak Avenue — Collegetown’s Most Anticipated Living Experience Brand New. Boldly Designed. Brilliantly Located. Step into a lifestyle that rises above the ordinary at The Summit at 201 Oak Avenue—Ithaca’s newest and most sought-after address. Perfectly positioned just steps from Cornell University and overlooking the stunning Cascadilla Gorge, The Summit blends striking modern design with everyday comfort and exceptional convenience. From cozy solo studios to spacious 4-bedroom layouts, each apartment is fully furnished and crafted to impress—with features that make coming home the best part of your day. Your Apartment Includes: A sleek ambient LED fireplace and wall-mounted smart TV—perfect for relaxing nights in A chef-inspired gourmet kitchen with stainless steel appliances and luxe marbled quartz countertops Juliet balconies with breathtaking views of Cascadilla Gorge and the energy of Collegetown A spa-style bathroom featuring an LED vanity mirror, glass shower doors, and designer finishes Gorgeous LVT flooring and stylish new furnishings throughout Your own in-unit washer and dryer—because convenience should never be a compromise Next-Level Amenities Designed for You: A state-of-the-art fitness center to power your day An entertainment kitchen and gaming lounge for hosting and unwinding Private study pods and a cozy reading lounge for focused work or quiet escape Secure bike storage and lush outdoor greenspace Smartphone-enabled keyless entry and intercom system for seamless, secure access All just a few steps from campus, and Collegetown’s best restaurants, cafés, and culture This isn’t just where you live—it’s where you thrive. Luxury, location, and lifestyle come together at The Summit. Signing Leases Now for August 2026 — Lock in Your Spot Before It’s Gone!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.3
/10
Very Good
THE SUMMIT at 201 OAK AVENUE is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
How we rated THE SUMMIT at 201 OAK AVENUE
Price·5A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monthly rent at THE SUMMIT at 201 OAK AVENUE is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
THE SUMMIT at 201 OAK AVENUE stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
THE SUMMIT at 201 OAK AVENUE is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While THE SUMMIT at 201 OAK AVENUE does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

THE SUMMIT at 201 OAK AVENUE is great for:

Social life

  • Areas nearby are accessible by walking
  • A bustling neighborhood
  • Diverse age groups live in this area
  • This community has public spaces on site, like fitness centers or pools

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • 22 sports facilities (like tennis courts) nearby
  • This property has patios or balconies for fresh air

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Quiet environment with little noise pollution
  • 3 internet service provider options nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How THE SUMMIT at 201 OAK AVENUE compares to other nearby properties.

Positives

Fireplace
Upgraded in-unit features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery

Considerations

Priced higher than average
3-bedrooms are $3150 more than the median rent in this area
Priced higher than average
Studio unit is $1000 more than the median rent in this area
Priced higher than average
1-bedrooms are $1114 more than the median rent in this area
Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Ithaca

Studio apartments at THE SUMMIT at 201 OAK AVENUE cost about 65% more than the average rent price for studios in Ithaca.

1-bedroom apartments here are priced 71% higher than 1-bedrooms in Ithaca.

If you decide to upgrade your space, you can expect 2-bedrooms at THE SUMMIT at 201 OAK AVENUE to be 102% more than the average for similarly sized apartments in Ithaca.

Median rents as of Jul 18 2026.
Ithaca
A table of studio rental data trends in Ithaca
MonthMedian Rent
August 2024$1,980
September 2024$1,662
October 2024$1,696
November 2024$1,775
December 2024$1,927
January 2025$1,853
February 2025$1,587
March 2025$1,713
April 2025$1,813
May 2025$1,630
June 2025$1,687
July 2025$1,745
August 2025$2,001
September 2025$1,708
October 2025$1,599
November 2025$1,600
December 2025$1,612
January 2026$1,600
February 2026$1,613
March 2026$1,640
April 2026$1,685
May 2026$1,790
June 2026$1,762
July 2026$1,707

Affordability calculator

Can I afford to live at 201 Oak Ave?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$112,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this studio monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.

Schools near THE SUMMIT at 201 OAK AVENUE

Belle Sherman School

501 mitchell st

ithaca, NY, 14850

PK, K-5Public
B+

South Hill School

520 hudson st

ithaca, NY, 14850

PK, K-5Public
A-

Fall Creek Elementary School

202 king st

ithaca, NY, 14850

PK, K-5Public
B

Beverly J. Martin Elementary School

302 w buffalo st

ithaca, NY, 14850

PK, K-5Public
B-

Cayuga Heights Elementary School

110 e upland rd

ithaca, NY, 14850

K-5Public
A-
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Internet available near THE SUMMIT at 201 OAK AVENUE

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Ithaca near 201 Oak Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 201 Oak Ave, Ithaca

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Nightlife

4/10
Some bars within walking distance

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