Cheap Apartments for Rent in Altoona, IA from $600 (31 Rentals)

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

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.

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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Altoona Towers
Studio to 4 Bedroom Apartments

Altoona Towers

1414-1616 Adventureland DrAltoona, IA 50009
Corporate Housing
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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
$825 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,200

Total Monthly Price
$825 - $1,200
1 to 2 Bedroom Apartments Available Now

Prairie Woods Apartments

4014 Hubbell AveDes Moines, IA 50317
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 3650 NE 57th Ave

$985

Total Monthly Price

Total Monthly Price

Base Rent
$985

Total Monthly Price
$985

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

3650 NE 57th Ave

BerwickIA50032
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Cypress II
1 to 2 Bedroom Apartments

Cypress II

4214 Hubbell AveDes Moines, IA 50317

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.

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 $850. Venbury Trail in the Altoona Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Altoona TowersS1Studio,1BA$850
Venbury Trail1 Bedroom1BR,1BA$900
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$915
Golfview CondosVista1BR,1BA$925
Triple Crown Altoona Cooperative2BR2BR,1BA$986
Bridlewood ApartmentsTwo Bedroom Open Style2BR,1BA$999
Oakland Pointe1 Bed A1BR,1BA$1,004
Altoona Park Apartments2BR/2BA2BR,2BA$1,025
Blue Ridge CommonsApartment Style- Studio1BR,1BA$1,038

Best Value Apartments for Rent in Altoona, IA

As of June 04, 2026 the best value apartment in the Altoona area is the $1.32 price per square foot C2 - Carbon - Townhome Model at Forge65 in the in the Golf View Heights neighborhood starting from $2,179. The second greatest value Altoona apartment is the 3x2 Sycamore Model at Ironwood starting at $1,847 with a $1.33 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.
Forge65C2 - Carbon - Townhome3BR,3.5BA$1.32
Ironwood3x2 Sycamore3BR,2BA$1.33
Ironwood Glen Townhomes3 Bedroom 2 Bath Townhome in Altoona3BR,2BA$1.43
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Centennial Place Apartments3BR/2BA3BR,2BA$1.21
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$1.08
Bridlewood ApartmentsTwo Bedroom Open Style2BR,1BA$1.19
Triple Crown Altoona Cooperative2BR2BR,1BA$1.19
Venbury Trail1 Bedroom1BR,1BA$1.39
Golfview CondosVista1BR,1BA$1.50

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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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!

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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 $900 at Venbury Trail.

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 $915 at Prairie Woods Apartments.

What is the most affordable Altoona Three Bedroom Apartment?

The best deal on a cheap Altoona Three Bedroom Apartment rental is at Altoona Park Apartments and starts from $1,150.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.