Cheap Apartments for Rent in Altoona, IA from $810 (29 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Altoona Towers
Studio to 4 Bedroom Apartments

Altoona Towers

1414-1616 Adventureland DrAltoona, IA 50009
Corporate Housing

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included
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Oakland Pointe
Studio to 3 Bedroom Apartments

Oakland Pointe

615-619 17th Ave NWAltoona, IA 50009
  • Utilities Included
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Prairie Woods Apartments
Rent Specials
$835 - $1,200

Total Monthly Price

Base Rent$835 - $1,200

Total Monthly Price$835 - $1,200
1 to 2 Bedroom Apartments Available Now

Prairie Woods Apartments

4014 Hubbell AveDes Moines, IA 50317
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Cypress II
1 to 2 Bedroom Apartments

Cypress II

4214 Hubbell AveDes Moines, IA 50317

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.

Altoona, IA Local Guide

Cheapest Available Altoona Apartments for Rent

 

The cheapest available apartment rental in Altoona, IA is a Studio unit found at Altoona Towers in the Altoona Meadows neighborhood priced from $799. Triple Crown Altoona Cooperative in the Altoona Meadows neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $892. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Altoona TowersS1Studio,1BA$799
Triple Crown Altoona Cooperative2BR2BR,1BA$892
Altoona Terrace1 Bedroom 1 Bath Partial Remodel1BR,1BA$895
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$905
Bridlewood ApartmentsTwo Bedroom Open Style2BR,1BA$949
Venbury Trail2 Bedroom2BR,1BA$950
Oakland Pointe1 Bed AM1BR,1BA$970
Golfview CondosVista1BR,1BA$1,006
Capitol Grove ApartmentsA21BR,1BA$1,065
Broadway HeightsB1 - 60 - Income Restricted2BR,2BA$1,099

Best Value Apartments for Rent in Altoona, IA

As of September 05, 2026 the best value apartment in the Altoona area is the $0.96 price per square foot D1 - 60 - Income Restricted Model at Hawthorne Pointe in the in the Altoona Meadows neighborhood starting from $1,421. The second greatest value Altoona apartment is the 3BR/2.0BA Model at Ironwood Glen Townhomes starting at $1,695 with a $1.43 price per square foot in the Altoona Meadows 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.
Hawthorne PointeD1 - 60 - Income Restricted4BR,2BA$0.96
Ironwood Glen Townhomes3BR/2.0BA3BR,2BA$1.43
Rising Ridge Apartments2 Bedroom 2 Bathroom2BR,2BA$1.32
Ironwood1x1 Elm1BR,1BA$1.34
Broadway HeightsB1 - 60 - Income Restricted2BR,2BA$1.29
Venbury Trail2 Bedroom 2 Bath2BR,1BA$1.22
Triple Crown Altoona Cooperative2BR2BR,1BA$1.12
Bridlewood ApartmentsOne Bedroom1BR,1BA$1.36
Prairie Woods ApartmentsOne Bedroom1BR,1BA$1.28
Oakland Pointe1 Bed AM1BR,1BA$1.52

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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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.

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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

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

The lowest price for a Cheap One Bedroom Altoona Apartment is $895 at Altoona Terrace.

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 $894 at Triple Crown Altoona Cooperative.

What is the most affordable Altoona Three Bedroom Apartment?

The best deal on a cheap Altoona Three Bedroom Apartment rental is at Golfview Condos and starts from $1,350.

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 A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

Written by: Joseph Isenberg

I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.