Cheap Apartments for Rent near Altoona, FL from $990 (47 Rentals)

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

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Cove at Lady Lake
Rent Specials
$1,149 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,650
Total Monthly Price
Varies
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

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Coastal 42
Rent Specials
$1,200 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,400
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Coastal 42

1799 N County Road 19AEustis, FL 32726
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
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Lake Harris Cove
$1,229 - $1,935
Total Monthly Price

Total Monthly Price

Base Rent
$1,229 - $1,935
Total Monthly Price
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1 to 4 Bedroom Apartments Available Now

Lake Harris Cove

32511 Lake Harris Cove AveLeesburg, FL 34788
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Club at Eustis
Rent Specials
$1,349 - $1,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $1,999
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Club at Eustis

2750 David Walker DrEustis, FL 32726
Family Friendly
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  • 3D Tour
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Eudora Reserve
Rent Specials
$1,374 - $1,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,374 - $1,949
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Eudora Reserve

2796 Spring Orchard AveMount Dora, FL 32757
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Silver Pointe at Leesburg
1 to 2 Bedroom Apartments

Silver Pointe at Leesburg

2400 Silver Pointe RdLeesburg, FL 34748
Senior Living
  • Utilities Included
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Cypress Oaks
1 to 3 Bedroom Apartments

Cypress Oaks

336 Sandy Oaks CirLeesburg, FL 34748

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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.

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The Courtyards
1 to 2 Bedroom Apartments

The Courtyards

345 N Dewey StEustis, FL 32726
Corporate Housing

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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property at 206 Osceola Ave

$1,400 - $1,425

2 To 3 Bedroom Rentals

Available Now

206 Osceola Ave

EustisFL32726
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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 Cypress Oaks in the South of Main Street neighborhood priced from $963. Lazy Oaks in the Chelsea's Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cypress Oaks1 Bedroom/ 1 Bath1BR,1BA$963
Lazy Oaks1BR/1.0BA1BR,1BA$990
The Parkview Apartments1 Bed, 1 bath1BR,1BA$995
Lake Sumter Apartment HomesOne Bedroom One Bath (b)1BR,1BA$999
Blueberry HillOne Bed One Bath Standard1BR,1BA$1,045
Arbours at Silver LakeONE BEDROOM1BR,1BA$1,075
Cove at Lady LakeOne Bedroom One Bath1BR,1BA$1,149
Foxwood ApartmentsOne Bedroom1BR,1BA$1,152
Tanglewood Apartment Homes1 Bedroom/1 Bath1BR,1BA$1,175
Mount Dora Apartment Homes1 Bed, 1 Bath1BR,1BA$1,175

Best Value Apartments for Rent in Altoona, FL and Nearby

As of August 23, 2026 the best value apartment in the Altoona area is the $1.07 price per square foot Three Bedroom Townhome Model at Lake Tavares Townhomes in the in the Inwood Heights neighborhood starting from $2,295. The second greatest value Altoona apartment is the Three Bedroom Two Bath Model at Rolling Acres Apartments starting at $1,549 with a $1.17 price per square foot in the Lady Lake Oaks 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$1.07
Rolling Acres ApartmentsThree Bedroom Two Bath3BR,2BA$1.17
Carmendy Square ApartmentsAshford2BR,1.5BA$1.27
Oakleaf Village ApartmentsThe Osprey w/Garage2BR,2BA$1.51
Laurel Oaks2 bedroom - 2 bathroom2BR,2BA$1.18
Lazy Oaks1BR/1.0BA1BR,1BA$0.99
Lakeside Retreat at 27Two Bedroom Two Bath2BR,2BA$1.38
Valencia Grove II2/2 Bedroom2BR,2BA$1.43
Arbours at Silver LakeONE BEDROOM1BR,1BA$1.29
Cypress Oaks1 Bedroom/ 1 Bath1BR,1BA$1.24

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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Real 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.

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

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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 $1,179.

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

The lowest price for a Cheap One Bedroom Altoona Apartment is $963 at Cypress Oaks.

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 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.