Cheap Homes for Rent in Altoona, IA from $600 (12 Rentals)

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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.

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.

Altoona, IA Local Guide

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 $760. Prairie Woods Apartments in the Castalia Plaza neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here is today’s list of the most affordable Altoona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Altoona TowersS1Studio,1BA$760
Prairie Woods ApartmentsTwo Bedroom2BR,1BA$825
Centennial Place Apartments1BR/ 1BA1BR,1BA$825
Altoona Terrace1 Bedroom Classic +1BR,1BA$825
Bridlewood ApartmentsOne Bedroom1BR,1BA$845

Best Value Apartments for Rent in Altoona, IA

As of January 27, 2026 the best value apartment in the Altoona area is the $1.39 price per square foot 3BR/2.0BA Model at Ironwood Glen Townhomes in the in the Altoona Meadows neighborhood starting from $1,650. The second greatest value Altoona apartment is the 3BR/2BA Model at Altoona Park Apartments starting at $1,150 with a $1.05 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$1.39
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Triple Crown Altoona Cooperative3BR TH3BR,1BA$1.33
Rock Creek Condos2 Bedroom2BR,2BA$1.16
Ironwood1x1 Elm1BR,1BA$1.30
Broadway HeightsB1 - 60 - Income Restricted2BR,2BA$1.41
Bridlewood ApartmentsOne Bedroom1BR,1BA$1.21
Venbury Trail1 Bedroom1BR,1BA$1.35
Prairie Woods ApartmentsOne Bedroom1BR,1BA$1.32
Centennial Place Apartments1BR/ 1BA1BR,1BA$1.34

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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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.

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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.

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Quick Rent Budget Calculator

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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.

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

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Frequently Asked Questions about Altoona

What type of rentals are currently available in Altoona?

There are currently 65 Apartments for Rent in Altoona, IA with pricing that ranges from $760 to $2,932. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Altoona ranging from $655 to $2,995.

What is the current price range for Rental Homes in Altoona?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Altoona ranges from $655 to $2,995 with an average monthly rent of $1,644.

How much are larger Three and Four Bedroom Rentals in Altoona?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Altoona range from $1,150 to $2,932, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $1,421.

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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.