Cheap Apartments for Rent in Altoona, IA from $400 (13 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.

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.

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 Cypress 2 (Maple Leaf) in the Castalia Plaza neighborhood priced from $747. Altoona Towers in the Castalia Plaza neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $851. 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
Altoona TowersetStudio,1BA$851
Broadway HeightsC1 - 40 - Income Restricted3BR,2BA$863
Venbury Trail1 Bedroom1BR,1BA$875
Prairie Woods ApartmentsOne Bedroom1BR,1BA$895

Best Value Apartments for Rent in Altoona, IA and Nearby

As of June 19, 2025 the best value apartment in the Altoona area is the $1.37 price per square foot 3BR/2.0BA Model at Ironwood Glen Townhomes in the in the Altoona Meadows neighborhood starting from $1,625. The second greatest value Altoona apartment is the 2x2 Birch Model at Ironwood starting at $1,315 with a $1.12 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 Townhomes3BR/2.0BA3BR,2BA$1.37
Ironwood2x2 Birch2BR,2BA$1.12
Golfview CondosHaven2BR,2BA$1.24
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Blue Ridge CommonsTownhome Style- 2 Bedroom 1.5 Bathroom2BR,1.5BA$1.48
The Emory - Altoona2 Bedroom Suite2BR,2BA$1.52
Triple Crown Altoona Cooperative2BR2BR,1BA$1.25
Bridlewood ApartmentsOne Bedroom1BR,1BA$1.30
Venbury Trail1 Bedroom1BR,1BA$1.35
Prairie Woods ApartmentsOne Bedroom1BR,1BA$1.43

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

Explore Altoona, IA Rentals by Map

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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

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 $851.

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

The lowest price for a Cheap One Bedroom Altoona Apartment is $875 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 $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 Broadway Heights and starts from $863.

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.

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

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.