Cheap Apartments for Rent in Altoona, IA from $600 (33 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
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included

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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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
$905 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$905 - $1,200
Total Monthly Price
$905 - $1,200
2 Bedroom Apartments Available Now

Prairie Woods Apartments

4014 Hubbell AveDes Moines, IA 50317
Family Friendly
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  • 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.

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Showing Results 1-33, Page 1 of 1

Altoona, IA Local Guide

Cheapest Available Altoona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altoona, IA is a 2 Beds unit found at Triple Crown Altoona Cooperative in the Altoona Meadows neighborhood priced from $880. Prairie Woods Apartments in the Castalia Plaza neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $905. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Triple Crown Altoona Cooperative2BR2BR,1BA$880
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$905
Oakland Pointe1 Bed A1BR,1BA$968
Bridlewood ApartmentsOne Bedroom1BR,1BA$989
Altoona Park Apartments2BR/2BA2BR,2BA$1,025
Altoona TowersS3Studio,1BA$1,039
Golfview CondosVista1BR,1BA$1,050
Capitol Grove ApartmentsA21BR,1BA$1,065
Center Place Lofts1 Bed 1 Bath1BR,1BA$1,100
Forge65A21BR,1BA$1,141

Best Value Apartments for Rent in Altoona, IA and Nearby

As of July 22, 2026 the best value apartment in the Altoona area is the $1.43 price per square foot 3 Bedroom 2 Bath Townhome in Altoona Model at Ironwood Glen Townhomes in the in the Altoona Meadows neighborhood starting from $1,695. The second greatest value Altoona apartment is the 2x2 Birch Model at Ironwood starting at $1,395 with a $1.19 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.
Ironwood Glen Townhomes3 Bedroom 2 Bath Townhome in Altoona3BR,2BA$1.43
Ironwood2x2 Birch2BR,2BA$1.19
Redwood AltoonaDriftwood2BR,2BA$1.46
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Rock Creek Condos2 Bedroom2BR,2BA$1.16
Centennial Place Apartments3BR/2BA3BR,2BA$1.21
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$1.06
Triple Crown Altoona Cooperative2BR2BR,1BA$1.10
Bridlewood ApartmentsOne Bedroom1BR,1BA$1.41
Oakland Pointe1 Bed AM1BR,1BA$1.53

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!

Explore Altoona, IA Rentals by Map

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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 $968 at Oakland 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 $880 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 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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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 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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.