10 Minutes Ago
Location
516 University Ave, Ithaca, NY 14850, USA
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Property Overview
Ravenwood Apartments offers excellent overall value, with an expert rating of 8.3/10, strong price and trustworthiness scores, a premier 10/10 amenities rating, and a highly convenient 9/10 location. Notable features like 24/7 emergency maintenance, free parking, large kitchens, private entrances, on-site laundry, and spacious living rooms are complemented by great value-for-money metrics and extensive photos. It’s especially appealing for work-from-home and social lifestyles, thanks to high-speed internet, quiet surroundings, walkable access to restaurants and culture, and nearby transit.
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.
Things you’ll love
More space- Less expensive
- Elementary school nearby
Great for
Social life
Work-from-home
Floor plans
| 3x1 (C01, C02, D01, D02, E02) | 3 bed | 1 bath | 850 sqft | $1,800 /mo | 1 unit available | Looking for a comfortable place near campus with a little extra space? This Ravenwood 2 Bed + Office apartment is perfect for roommates who want both convenience and flexibility. The bonus office can easily double as a get-ready room, study space, or extra closet area, making it ideal if you like having a dedicated spot to get organized. - Fully furnished – easy move-in - 15–20 minute walk to campus - Located on the TCAT Route 10 bus line - Free parking available - Laundry room on-site - 24/7 emergency maintenance - On-site manager Fees: • $175 annual trash fee • $240 annual internet fee A simple, convenient setup close to campus with everything you need. Message for more details or to schedule a tour! | |
| 3x1 (A04, B04) | 3 bed | 1 bath | 1,010 sqft | $1,800 /mo | 1 unit available | Looking for a comfortable place near campus with a little extra space? This Ravenwood 3 Bed is perfect for roommates who want affordability, convenience and flexibility. Catch the #10 TCAT bus right from your doorstep! - Fully furnished – easy move-in - 15–20 minute walk to campus - Located on the TCAT Route 10 bus line - Special: Free parking available - Laundry room on-site - 24/7 emergency maintenance - On-site manager Fees: • $175 annual trash fee • $240 annual internet fee *All Travis Hyde Properties apartments are professionally cleaned before move in, carpets shampooed as needed. A simple, convenient setup close to campus with everything you need. Reach out for more details or to schedule a tour! | |
| 5x1 (B10) | 5 bed | 1 bath | 1,600 sqft | $3,250 /mo | 1 unit available | Spacious 5-bedroom, 1-bathroom apartment at Ravenwood Apartments—perfect for a group looking for convenient, comfortable living close to campus. Apartment Features - 5 Bedrooms / 1 Bathroom - Fully furnished – easy move-in - Spacious shared living areas - Professionally cleaned before move-in - Carpets shampooed as needed Community & Location - 15–20 minute walk to campus - Located on the TCAT Route 10 bus line - Laundry room on-site - On-site manager - 24/7 emergency maintenance Special: Free parking available Fees - $175 annual trash fee/ person - $240 annual internet fee/ person Enjoy convenient off-campus living with easy transportation, helpful on-site management, and fully furnished apartments ready for move-in. | |
| 5x2 (C04, C06) | 5 bed | 2 bath | 1,600 sqft | $3,500 /mo | 1 unit available | Live comfortably with friends in this spacious 5-bedroom, 2-bathroom apartment at Ravenwood, perfectly located just a 15–20 minute walk to campus and directly on the TCAT Route 10 bus line for easy transportation. The apartment comes fully furnished, making move-in simple and stress-free. Residents enjoy convenient on-site amenities including a laundry room, on-site manager, and 24/7 emergency maintenance for peace of mind. As a special bonus, free parking is available, making Ravenwood an excellent option for residents with a car. All Travis Hyde Properties apartments are professionally cleaned before move-in, and carpets are shampooed as needed to ensure a fresh and comfortable start. Fees: • $175 annual trash fee • $240 annual internet fee Ravenwood offers a convenient, fully supported living experience in a great location—ideal for students or groups looking for a comfortable home close to campus. | |
| 5x2 (A05, A07, A08, B05, B07, B08) | 5 bed | 2 bath | 1,466 sqft | $3,500 /mo | 1 unit available | Located just one block from the edge of Cornell’s West Campus, this 5-bedroom apartment at Ravenwood blends modern comfort, convenience, and effortless living in a prime Ithaca location. There are two well-lit parking lots on site, parking is easy, accessible and for LIMITED TIME PARKING IS FREE. Public transportation couldn’t be more convenient — the bus stop sits right at the corner of University Ave. and Lake St. for straightforward access to campus, downtown, and beyond. Community and apartment features include: - Fully furnished with living room, bedroom, and TV furnishings included - Large kitchen with essential appliances (refrigerator, microwave, dishwasher) - Water & sewer included, trash with small annual fee - On-site laundry facilities - Reserved and on-site parking options - High-speed internet available - Pet-friendly community - 24/7 emergency maintenance and professional on-site management Situated in one of Ithaca’s most walkable areas, this apartment brings campus, transit, and local dining and shopping just minutes from your door. Apartments at Ravenwood lease quickly and availability can change at any time. | |
| 5x2 (A10) | 5 bed | 2 bath | 1,466 sqft | $3,500 /mo | 1 unit available | Live comfortably with friends in this spacious 5-bedroom, 2-bathroom apartment at Ravenwood, perfectly located just a 15 minute walk to campus and directly on the TCAT Route 10 bus line for easy transportation. The apartment comes fully furnished, making move-in simple and stress-free. Residents enjoy convenient on-site amenities including a laundry room, on-site manager, and 24/7 emergency maintenance for peace of mind. As a special bonus, free parking is available, making Ravenwood an excellent option for residents with a car. All Travis Hyde Properties apartments are professionally cleaned before move-in, and carpets are shampooed as needed to ensure a fresh and comfortable start. Fees: • $175 annual trash fee • $240 annual internet fee Ravenwood offers a convenient, fully supported living experience in a great location—ideal for students or groups looking for a comfortable home close to campus. |
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Amenities for Ravenwood Apartments
Apartment Amenities
| Furnished | Hot Water |
| Huge Closets | Stove Top |
Appliances
| Dishwasher | Microwave |
| Oven | Refrigerator |
Tech
| High Speed Internet Access |
Building
| Onsite Laundry | Sewage |
Grounds
| Assigned Parking |
Services
| 24 Hour Emergency Maintenance | On-Site Maintenance |
| Professionally Managed | Recycling |
| Snow Removal |
Neighborhood
| Public Transportation Access Nearby | West Campus |
Other
| Online Rent Payments Available |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
Building details
Property details
| Units | 39 |
|---|
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About Ravenwood Apartments
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.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Ravenwood Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Ravenwood Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, Ravenwood Apartments is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
Ravenwood Apartments 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—furnished rental—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.
Ravenwood Apartments 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 Ravenwood Apartments 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.
Ravenwood Apartments is great for:
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 Ravenwood Apartments compares to other nearby properties.
Positives
- More space
- The 5-bedroom is 1255 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 305 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 5-bedrooms are cheaper than other similar listings nearby
- More space
- The 3-bedroom is 135 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in Ithaca
3-bedroom apartments at Ravenwood Apartments cost about 29% less than the average rent price for 3-bedroom apartments in Ithaca.
Median rents as of May 16 2026.
Ithaca
| Month | Median Rent |
|---|---|
| June 2024 | $2,031 |
| July 2024 | $1,970 |
| 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 | $1,783 |
Affordability calculator
Can I afford to live at 516 University Ave?
Bedrooms
3 bedroomsRent-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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms median monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near Ravenwood Apartments
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-
South Hill School
520 hudson st
ithaca, NY, 14850
PK, K-5Public
A-
Belle Sherman School
501 mitchell 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 Ravenwood Apartments
Neighborhood
Getting around Ithaca near 516 University Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
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 516 University Ave, Ithaca
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
4/10
Some bars within walking distance
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