
Cheap Apartments for Rent near Altoona, FL from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Altoona.


Tanglewood Apartment Homes

Mount Dora Apartment Homes

Blueberry Hill

Arbours at Silver Lake

Lake Point Senior Apartments

Windemere Villas A 55+ Community

Total Monthly Price
Cove at Lady Lake

Valencia Grove II
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Valencia Grove

Rolling Acres Reserve

Total Monthly Price
Lakeside Retreat at 27

Saunders Lakefront Living

Arden Place

Lyn Terrace

Rolling Acres Apartments

Parker at East Village

Total Monthly Price
Lake Harris Cove
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.

Gardens on Griffin

Oakleaf Village Apartments

Bristol Lakes Apartments

Standard441 Luxury Apartments

Spring Lake Cove Apartments

Total Monthly Price
Lake Sumter Reserve

Integra Isles

Total Monthly Price
Club at Eustis

Total Monthly Price
Eudora Reserve
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.

Silver Pointe at Leesburg

36010 Sand Rd

Cypress Oaks

77 Wildwood Ln

11 N Central Ave

The Courtyards

36116 Plum Ave

902 S Grove St

993 Foote St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

13124 Lemon Ave

The Residences at Lake Saunders

206 Osceola Ave
Altoona, FL Local Guide

How much does it cost to rent an apartment in Altoona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altoona Studio Apartments | $1,202 | $999 | $1,581 |
| Altoona 1 Bedroom Apartments | $1,418 | $995 | $1,913 |
| Altoona 2 Bedroom Apartments | $1,595 | $1,095 | $2,328 |
| Altoona 3 Bedroom Apartments | $1,877 | $1,295 | $2,803 |
| Altoona 4 Bedroom Apartments | $1,869 | $1,599 | $2,319 |
Browse Top Apartments in Altoona
See all Apartments in AltoonaExplore Altoona
Altoona, FL Local Guide
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Cheapest Available Altoona Apartments for Rent and Nearby
 The cheapest available apartment rental in Altoona, FL is a 1 Bed unit found at Silver Pointe at Leesburg in the Chelsea's Run neighborhood priced from $947. The Parkview Apartments in the Inwood Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Altoona apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Pointe at Leesburg | 1 bedroom | 1BR,1BA | $947 |
| The Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $995 |
| Blueberry Hill | One Bed One Bath Standard | 1BR,1BA | $1,045 |
| Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1,075 |
| Rolling Acres Reserve | Magnolia | Studio,1BA | $1,099 |
| Mount Dora Apartment Homes | 1 Bed, 1 Bath | 1BR,1BA | $1,099 |
| Lake Sumter Apartment Homes | One Bedroom One Bath (b) | 1BR,1BA | $1,122 |
| Cove at Lady Lake | One Bedroom One Bath | 1BR,1BA | $1,149 |
| Tanglewood Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $1,175 |
| Lakeside Retreat at 27 | One Bedroom One Bath | 1BR,1BA | $1,179 |
Best Value Apartments for Rent in Altoona, FL and Nearby
As of July 09, 2026 the best value apartment in the Altoona area is the $0.80 price per square foot 4BR/3.0BA Model at Lazy Oaks in the in the Chelsea's Run neighborhood starting from $1,990. The second greatest value Altoona apartment is the Three Bedroom Townhome Model at Lake Tavares Townhomes starting at $2,295 with a $1.07 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lazy Oaks | 4BR/3.0BA | 4BR,3BA | $0.80 |
| Lake Tavares Townhomes | Three Bedroom Townhome | 3BR,2.5BA | $1.07 |
| Laurel Oaks | 4 bedroom - 2 bathroom | 4BR,2BA | $1.32 |
| Harbor Vista | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| Rolling Acres Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.17 |
| Spring Lake Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1.28 |
| Carmendy Square Apartments | Ashford | 2BR,1.5BA | $1.32 |
| Lakeside Retreat at 27 | Two Bedroom Two Bath | 2BR,2BA | $1.42 |
| Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1.29 |
| Silver Pointe at Leesburg | 1 bedroom | 1BR,1BA | $1.38 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Altoona, FL Rentals by Map
See the most popular apartments and homes in Altoona, FL
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 $1,099.
How much is rent for a Cheap One Bedroom Altoona Apartment?
The lowest price for a Cheap One Bedroom Altoona Apartment is $947 at Silver Pointe at Leesburg.
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 $1,050 at Silver Pointe at Leesburg.
What is the most affordable Altoona Three Bedroom Apartment?
The best deal on a cheap Altoona Three Bedroom Apartment rental is at The Parkview Apartments and starts from $1,295.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.