Cheap Apartments for Rent in Altoona, IA from $600 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
close
View Me
Altoona Towers
Studio to 4 Bedroom Apartments

Altoona Towers

1414-1616 Adventureland DrAltoona, IA 50009
Corporate Housing
close
View Me
Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included
close
View Me
Oakland Pointe
Studio to 3 Bedroom Apartments

Oakland Pointe

615-619 17th Ave NWAltoona, IA 50009
  • Utilities Included
close
View Me
Barclay
2 Bedroom Apartments

Barclay

2311 Ironwood Dr SWAltoona, IA 50009

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.

Read Article
close
View Me
Prairie Woods Apartments
Rent Specials
$855 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,150
Total Monthly Price
$855 - $1,150
1 to 2 Bedroom Apartments Available Now

Prairie Woods Apartments

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

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.

Read Article
close
View Me
Cypress II
1 to 2 Bedroom Apartments

Cypress II

4214 Hubbell AveDes Moines, IA 50317

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.

Read Article
close
View Me
Forest & Fields
3 Bedroom Apartments

Forest & Fields

4605 Hubbell AveDes Moines, IA 50317

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 Prairie Woods Apartments in the Castalia Plaza neighborhood priced from $855. 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
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$855
Venbury Trail1 Bedroom1BR,1BA$875
Centennial Place Apartments2BR/1BA2BR,1BA$895
Triple Crown Altoona Cooperative2BR2BR,1BA$908
Oakland Pointe1 Bed A1BR,1BA$908
Golfview CondosVista1BR,1BA$925
Bridlewood ApartmentsTwo Bedroom Open Style2BR,1BA$949
Altoona Terrace1 Bedroom 1 Bath Partial Remodel1BR,1BA$960
Capitol Grove ApartmentsA21BR,1BA$976

Best Value Apartments for Rent in Altoona, IA

As of April 20, 2026 the best value apartment in the Altoona area is the $1.05 price per square foot 3BR/2BA Model at Altoona Park Apartments in the in the Altoona Meadows neighborhood starting from $1,150. The second greatest value Altoona apartment is the Three Bedroom Model at Bridlewood Apartments starting at $1,295 with a $1.25 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.
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Bridlewood ApartmentsThree Bedroom3BR,1BA$1.25
Rock Creek Condos2 Bedroom2BR,2BA$1.16
Centennial Place Apartments3BR/2BA3BR,2BA$1.21
Broadway HeightsB2 - 60 - Income Restricted2BR,2BA$1.24
4434 Honey Bee Rdg, Unit Apartment4434 Honey Bee Rdg1BR,1BA$1.00
Ironwood1x1 Elm1BR,1BA$1.34
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$1.01
Triple Crown Altoona Cooperative2BR2BR,1BA$1.14
Venbury Trail1 Bedroom1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Altoona, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Altoona, IA

View Map
Altoona, IA Apartments Map
View Map
Altoona, IA Rental Homes Map

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 $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 $855 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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.