Cheap Apartments for Rent in Altoona, FL from $800 (24 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

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.

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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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Altoona, FL Local Guide

Cheapest Available Altoona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altoona, FL is a 1 Bed unit found at Lake Sumter Apartment Homes in the Lady Lake Oaks neighborhood priced from $899. Saunders Lakefront Living in the Inwood Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $984. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$899
Saunders Lakefront LivingSerenity (b)1BR,1BA$984
The Parkview Apartments1 Bed, 1 bath1BR,1BA$995
Silver Pointe at Leesburg1 bedroom1BR,1BA$1,047
Mount Dora Apartment Homes1 Bed, 1 Bath1BR,1BA$1,049

Best Value Apartments for Rent in Altoona, FL and Nearby

As of December 27, 2025 the best value apartment in the Altoona area is the $1.25 price per square foot Three Bedroom Two Bath Model at Harbor Vista in the in the Silver Lake Estates neighborhood starting from $1,749. The second greatest value Altoona apartment is the Three Bedroom Two Bath Model at Club at Eustis starting at $1,599 with a $1.32 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.
Harbor VistaThree Bedroom Two Bath3BR,2BA$1.25
Club at EustisThree Bedroom Two Bath3BR,2BA$1.32
Carmendy Square TownhomesThe Ashford2BR,1.5BA$1.27
Oakleaf Village ApartmentsThe Osprey w/Garage2BR,2BA$1.49
Rolling Acres ApartmentsTwo Bedroom Two Bath2BR,2BA$1.22
Bristol Park ApartmentsSerenity1BR,1BA$1.49
Laurel Oaks2bedroom/2bathroom2BR,2BA$1.18
Lakeside Retreat at 27Two Bedroom Two Bath2BR,2BA$1.32
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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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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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 Saunders Lakefront Living listed at $984.

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

The lowest price for a Cheap One Bedroom Altoona Apartment is $899 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 $1,149.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!