
Cheap Apartments for Rent in Altoona, IA from $810 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Altoona.


Adventureland Village

Triple Crown Altoona Cooperative

304 4th St SW, Unit 8

Centennial Place Apartments

Bridlewood Apartments

Venbury Trail
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.

Altoona Park Apartments

Blue Ridge Commons

Center Place Lofts

Clover Ridge Apartments

Meadow Vista Senior Villas

Schoolside Apartments

Altoona Towers
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.

Spruce Pointe

Oakland Pointe

Meadow Vista by Kading

Total Monthly Price
Prairie Woods Apartments

Golfview Condos

Broadway Heights

2220 E Walnut St
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.

Mulberry Pointe Apartments

2636.5 Capitol Ave

Cypress II

The Crest at Baker Creek

1004 Arthur Ave

2319 Williams St

Capitol Grove Apartments
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.

2703 Hull Ave
Altoona, IA Local Guide

How much does it cost to rent an apartment in Altoona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Altoona Studio Apartments | $810 | $810 | $810 |
| Cheap Altoona 1 Bedroom Apartments | $1,285 | $810 | $2,476 |
| Cheap Altoona 2 Bedroom Apartments | $1,381 | $892 | $2,764 |
| Cheap Altoona 3 Bedroom Apartments | $1,794 | $1,150 | $2,889 |
| Cheap Altoona 4 Bedroom Apartments | $1,473 | $1,421 | $1,499 |
Browse Top Apartments in Altoona
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Altoona, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Altoona Towers | S1 | Studio,1BA | $799 |
| Triple Crown Altoona Cooperative | 2BR | 2BR,1BA | $892 |
| Altoona Terrace | 1 Bedroom 1 Bath Partial Remodel | 1BR,1BA | $895 |
| Prairie Woods Apartments | Two Bedroom | 2BR,1BA | $905 |
| Bridlewood Apartments | Two Bedroom Open Style | 2BR,1BA | $949 |
| Venbury Trail | 2 Bedroom | 2BR,1BA | $950 |
| Oakland Pointe | 1 Bed AM | 1BR,1BA | $970 |
| Golfview Condos | Vista | 1BR,1BA | $1,006 |
| Capitol Grove Apartments | A2 | 1BR,1BA | $1,065 |
| Broadway Heights | B1 - 60 - Income Restricted | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawthorne Pointe | D1 - 60 - Income Restricted | 4BR,2BA | $0.96 |
| Ironwood Glen Townhomes | 3BR/2.0BA | 3BR,2BA | $1.43 |
| Rising Ridge Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.32 |
| Ironwood | 1x1 Elm | 1BR,1BA | $1.34 |
| Broadway Heights | B1 - 60 - Income Restricted | 2BR,2BA | $1.29 |
| Venbury Trail | 2 Bedroom 2 Bath | 2BR,1BA | $1.22 |
| Triple Crown Altoona Cooperative | 2BR | 2BR,1BA | $1.12 |
| Bridlewood Apartments | One Bedroom | 1BR,1BA | $1.36 |
| Prairie Woods Apartments | One Bedroom | 1BR,1BA | $1.28 |
| Oakland Pointe | 1 Bed AM | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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!
Explore Altoona, IA Rentals by Map
See the most popular apartments and homes in Altoona, IA
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

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.

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.

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.

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.