Cheap Apartments for Rent in Altoona, FL from $800 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Altoona.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Cove at Lady Lake
Rent Specials
$1,149 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,665
Total Monthly Price
$1,149 - $1,665
1 to 4 Bedroom Apartments Available Now

Cove at Lady Lake

735 S Us-27 HwyLady Lake, FL 32159
Family Friendly
  • Verified
  • Utilities Included
  • Low Income

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Courtyards
$1,200 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $1,254
Required Monthly Fees
$46
Total Monthly Price
$1,200 - $1,300
1 to 2 Bedroom Apartments Available Now

The Courtyards

345 N Dewey StEustis, FL 32726
Corporate Housing
  • Verified
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Altoona, FL Local Guide

Cheapest Available Altoona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altoona, FL is a 3 Beds unit found at Lake Sumter Apartment Homes in the Lady Lake Oaks neighborhood priced from $999. Silver Pointe at Leesburg in the Chelsea's Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,047. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Sumter Apartment HomesThree Bedroom Two Bath (b)3BR,2BA$999
Silver Pointe at Leesburg1 bedroom1BR,1BA$1,047
Valencia Grove II1/1 Bedroom1BR,1BA$1,059
Arbours at Silver LakeONE BEDROOM1BR,1BA$1,075
Windemere Villas A 55+ Community1BR/1BA1BR,1BA$1,095

Best Value Apartments for Rent in Altoona, FL and Nearby

As of February 21, 2026 the best value apartment in the Altoona area is the $0.93 price per square foot Three Bedroom Townhome Model at Lake Tavares Townhomes in the in the Inwood Heights neighborhood starting from $1,999. The second greatest value Altoona apartment is the Sanctuary Model at The Residences at Lake Saunders starting at $2,079 with a $0.99 price per square foot in the Inwood Heights neighborhood. Here is today’s list of the best values for Altoona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Tavares TownhomesThree Bedroom Townhome3BR,2.5BA$0.93
The Residences at Lake SaundersSanctuary3BR,2.5BA$0.99
Club at EustisThree Bedroom Two Bath3BR,2BA$1.32
Carmendy Square TownhomesThe Ashford2BR,1.5BA$1.29
Laurel Oaks2bedroom/2bathroom2BR,2BA$1.18
Gardens on GriffinJuniper 2x1.52BR,1.5BA$1.42
Valencia GroveB12BR,2BA$1.39
Saunders Lakefront LivingTranquil Waters2BR,1BA$1.54
Arbours at Silver LakeONE BEDROOM1BR,1BA$1.29
Silver Pointe at Leesburg1 bedroom1BR,1BA$1.53

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Altoona, FL Rentals by Map

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See the most popular apartments and homes in Altoona, FL

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Frequently Asked Questions about Cheap Altoona Apartments

What is the Cheapest Studio apartment in Altoona?

Currently the most affordable Cheap Studio Apartment in Altoona is at Rolling Acres Reserve listed at $1,199.

How much is rent for a Cheap One Bedroom Altoona Apartment?

The lowest price for a Cheap One Bedroom Altoona Apartment is $1,026 at Lake Sumter Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Altoona Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Altoona is starting from $1,095 at The Parkview Apartments.

What is the most affordable Altoona Three Bedroom Apartment?

The best deal on a cheap Altoona Three Bedroom Apartment rental is at Lake Sumter Apartment Homes and starts from $999.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.