Zumper
modified
Updated 4 Days Ago

Highlights

  • Pet Friendly
  • Conveniently located
  • Laundry facility
  • Peaceful community
  • Outdoor recreation
  • Quality living
  • Ample parking

Location

324 Spencer Rd, Ithaca, NY 14850, USA
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Contact

Management

Forest Edge Townhomes

Leasing office

(607) 275-5922 ext. 2

Property Overview

Forest Edge Townhomes offers strong value with a high Zumper Expert Rating, excellent price, amenities, and location scores, and a solid level of trustworthiness. It also stands out for convenient access, ample parking, laundry facilities, peaceful surroundings, outdoor recreation, and a lively nearby scene with many restaurants and entertainment options, plus pet-friendly features and above-average value per square foot.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, Forest Edge Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Forest Edge Townhomes has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Balcony
  • Dishwasher

Great for

  • Social life
  • Pet owners

Floor plans

2 Bedroom, 1 Bath Townhouse in a Prime Location2 bed1 bath850 sqft$1,850 /mo1 unit available

Let's explore this property.

Amenities for Forest Edge Townhomes

Apartment Amenities

PatioPrivate Patio
White Shaker Cabinets

Appliances

DishwasherMicrowave
RangeRefrigerator
Stainless Steel Appliances

Building

Cats OKDogs OK
Non-Smoking
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

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units14

About Forest Edge Townhomes

HomeApartments in Ithaca Forest Edge Townhomes

Enjoy maintenance-free living in a quiet and conveniently located community. This beautiful property is sure to provide quality living. Forest Edge is conveniently located in Ithaca, close to Cornell University, Ithaca College, and the Commons. You are in the heart of area shopping, restaurants, outdoor recreation, and the Finger Lakes Wine Region of New York. Forest Edge Townhomes offer two-bedroom townhouses as well as two bedroom flats in a peaceful community. These cozy units offer the serenity of the outdoor. Laundry facility and ample parking on site. Are you ready to enjoy a life of comfort and convenience? Then it’s time you moved to Forest Edge Townhomes!


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Forest Edge Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Forest Edge Townhomes has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Forest Edge Townhomes
Price·10A 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.
Forest Edge Townhomes offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
Forest Edge Townhomes goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Forest Edge Townhomes receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Forest Edge Townhomes 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 Forest Edge Townhomes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Forest Edge Townhomes provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Forest Edge Townhomes is great for:

Social life

  • Areas nearby are accessible by walking
  • A bustling neighborhood
  • 24 theaters, music venues, or sports arenas nearby
  • 129 restaurants within 1 mile of this property

Pet owners

  • Tile, vinyl or hardwood floors
  • 4 pet supply stores near the property
  • 2 pet hospitals in the area

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 Forest Edge Townhomes compares to other nearby properties.

Positives

More space
The 2-bedroom is 100 sqft larger than other listings nearby
Balcony
Easy access to the outdoors
Dishwasher
Dishwasher available in kitchen

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.7 miles away
Greater distance from high schools
The nearest high school is farther than 0.8 miles away

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Rent trends in Ithaca

2-bedroom apartments at Forest Edge Townhomes cost about 17% less than the average rent price for 2-bedroom apartments in Ithaca.

Median rents as of Oct 24 2026.
Ithaca
A table of studio rental data trends in Ithaca
MonthMedian Rent
November 2024$1,793
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$1,724
August 2026$1,760
September 2026$1,948
October 2026$1,798

Affordability calculator

Can I afford to live at 324 Spencer Rd?

Bedrooms

2 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

$74,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 2-bedrooms monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.

Schools near Forest Edge Townhomes

South Hill School

520 hudson st

ithaca, NY, 14850

PK, K-5Public
A-

Beverly J. Martin Elementary School

302 w buffalo st

ithaca, NY, 14850

PK, K-5Public
B-

Belle Sherman School

501 mitchell st

ithaca, NY, 14850

PK, K-5Public
B+

Fall Creek Elementary School

202 king 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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Getting around Ithaca near 324 Spencer Rd

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.

Points of interest for 324 Spencer Rd, Ithaca

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

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