Cheap Apartments for Rent in Altoona, IA from $600 (24 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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.

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Altoona, IA Local Guide

Cheapest Available Altoona Apartments for Rent

 

The cheapest available apartment rental in Altoona, IA is a 2 Beds unit found at Cypress 2 (Maple Leaf) in the Castalia Plaza neighborhood priced from $747. Venbury Trail in the Altoona Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cypress 2 (Maple Leaf)Elevated 2 Bedroom2BR,1BA$747
Venbury Trail1 Bedroom1BR,1BA$875
Altoona TowersetStudio,1BA$881
Prairie Woods ApartmentsOne Bedroom1BR,1BA$895
Blue Ridge CommonsApartment Style- StudioStudio,1BA$907

Best Value Apartments for Rent in Altoona, IA

As of July 16, 2025 the best value apartment in the Altoona area is the $1.45 price per square foot Capewood Model at Redwood Altoona in the in the Altoona Meadows neighborhood starting from $2,345. The second greatest value Altoona apartment is the 3BR/2.0BA Model at Ironwood Glen Townhomes starting at $1,625 with a $1.37 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.
Redwood AltoonaCapewood2BR,2BA$1.45
Ironwood Glen Townhomes3BR/2.0BA3BR,2BA$1.37
Ironwood2x2 Birch2BR,2BA$1.17
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Rising Ridge Apartments1 Bedroom 1 Bathroom1BR,1BA$1.50
Hawthorne PointeA2 - 40/60 - Income Restricted1BR,1BA$1.08
Bridlewood ApartmentsOne Bedroom1BR,1BA$1.30
Golfview CondosBrook1BR,1BA$1.51
Venbury Trail1 Bedroom1BR,1BA$1.35
Prairie Woods ApartmentsOne Bedroom1BR,1BA$1.43

Quick Rent Budget Calculator

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

Explore Altoona, IA Rentals by Map

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See the most popular apartments and homes in Altoona, IA

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Getting Around Altoona, IA

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 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

What is the Cheapest Studio apartment in Altoona?

Currently the most affordable Cheap Studio Apartment in Altoona is at Altoona Towers listed at $881.

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

The lowest price for a Cheap One Bedroom Altoona Apartment is $772 at Hawthorne Pointe.

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 $747 at Cypress 2 (Maple Leaf).

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

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.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.