
Cheap Apartments for Rent in Altoona, FL from $900 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Altoona.


Tanglewood Apartment Homes

Mount Dora Apartment Homes

Lake Sumter Apartment Homes

Arbours at Silver Lake

The Parkview Apartments
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.

Cove at Lady Lake

Lake Harris Cove

Rolling Acres Apartments

Lakeside Retreat at 27

Rolling Acres Reserve

Spring Lake Cove Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Bristol Lakes Apartments

Oakleaf Village Apartments

Lake Sumter Reserve

415 Cardinal St

16220 Wallace St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1220 Morin St

195 Mae St
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 | $1,128 | $1,009 | $1,224 |
Altoona 1 Bedroom Apartments | $1,488 | $906 | $1,959 |
Altoona 2 Bedroom Apartments | $1,736 | $1,079 | $2,279 |
Altoona 3 Bedroom Apartments | $1,970 | $1,119 | $2,629 |
Altoona 4 Bedroom Apartments | $1,899 | $1,449 | $2,599 |
Browse Top Apartments in Altoona
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Altoona, FL Local Guide
- Nearby Cities
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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 Lake Point Senior Apartments in the Inwood Heights neighborhood priced from $906. Lyn Terrace in the Breezee Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,044. Here is today’s list of the most affordable Altoona apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Point Senior Apartments | 1 bed 1 bath | 1BR,1BA | $906 |
Lyn Terrace | 1BR/1Ba | 1BR,1BA | $1,044 |
Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1,075 |
The Parkview Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,095 |
Cove at Lady Lake | One Bedroom One Bath | 1BR,1BA | $1,099 |
Cypress Oaks | 3 Bedroom 2 Bath | 3BR,2BA | $1,119 |
Arden Place | One Bedroom | 1BR,1BA | $1,145 |
Blueberry Hill | One Bedroom One Bath Apartment | 1BR,1BA | $1,149 |
Mount Dora Apartment Homes | 1 Bed, 1 Bath | 1BR,1BA | $1,165 |
Tanglewood Apartment Homes | 1 Bedroom/1 Bath | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Altoona, FL and Nearby
As of May 20, 2025 the best value apartment in the Altoona area is the $1.29 price per square foot The Bentley Model at Carmendy Square Townhomes in the in the Chelsea's Run neighborhood starting from $1,796. The second greatest value Altoona apartment is the Four Bedroom Three Bath (b) Model at Lake Harris Cove starting at $1,449 with a $1.12 price per square foot in the Silver Lake Estates 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. |
---|---|---|---|
Carmendy Square Townhomes | The Bentley | 3BR,2BA | $1.29 |
Lake Harris Cove | Four Bedroom Three Bath (b) | 4BR,3BA | $1.12 |
Club at Eustis | Three Bedroom Two Bath | 3BR,2BA | $1.47 |
Lakeside Retreat at 27 | Three Bedroom Two Bath | 3BR,2BA | $1.33 |
Oakleaf Village Apartments | The Osprey w/Garage | 2BR,2BA | $1.54 |
Parker at East Village | B5 - 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.47 |
Laurel Oaks | 2bedroom/2bathroom | 2BR,2BA | $1.30 |
Cypress Oaks | 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
Arbours at Silver Lake | ONE BEDROOM | 1BR,1BA | $1.29 |
Cove at Lady Lake | One Bedroom One Bath | 1BR,1BA | $1.49 |
Quick 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!
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Getting Around Altoona, FL
Walk Score®
18 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Altoona Apartments
How much is rent for a Cheap One Bedroom Altoona Apartment?
The lowest price for a Cheap One Bedroom Altoona Apartment is $906 at Lake Point Senior Apartments.
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 $1,079 at Lake Point Senior Apartments.
What is the most affordable Altoona Three Bedroom Apartment?
The best deal on a cheap Altoona Three Bedroom Apartment rental is at Cypress Oaks and starts from $1,119.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.