
Cheap Homes for Rent in Altoona, IA from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Altoona.


901 7th Ave SE

1412 Alpha Ave

3312 E 36th Ct

3421 Thompson Ave
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.

2512 Morton Ave

1364 Idaho St

150 E Douglas Ave

2300 Lyon St

3633 Bowdoin St
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

How much does it cost to rent a home in Altoona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altoona 2 Bedroom Homes for Rent | $1,368 | $1,000 | $1,695 |
| Altoona 3 Bedroom Homes for Rent | $2,103 | $1,045 | $2,665 |
| Altoona 4 Bedroom Homes for Rent | $2,266 | $1,495 | $2,750 |
| Altoona 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Altoona
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Altoona, IA Local Guide
- Altoona Neighborhoods
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Cheapest Available Altoona Apartments for Rent
 The cheapest available apartment rental in Altoona, IA is a 1 Bed unit found at Prairie Woods Apartments in the Castalia Plaza neighborhood priced from $805. Centennial Place Apartments in the Altoona Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Altoona apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Woods Apartments | One Bedroom | 1BR,1BA | $805 |
| Centennial Place Apartments | 1BR/ 1BA | 1BR,1BA | $825 |
| Altoona Towers | S1 | Studio,1BA | $857 |
Best Value Apartments for Rent in Altoona, IA
As of March 14, 2026 the best value apartment in the Altoona area is the $1.05 price per square foot D1 - 40 - Income Restricted Model at Hawthorne Pointe in the in the Altoona Meadows neighborhood starting from $1,421. The second greatest value Altoona apartment is the 3 Bedroom Model at Rock Creek Condos starting at $1,295 with a $1.06 price per square foot in the Castalia Plaza neighborhood. Here is today’s list of the best values for Altoona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawthorne Pointe | D1 - 40 - Income Restricted | 4BR,2BA | $1.05 |
| Rock Creek Condos | 3 Bedroom | 3BR,2BA | $1.06 |
| Ironwood | 2x2 Birch | 2BR,2BA | $1.31 |
| Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
| Bridlewood Apartments | Three Bedroom | 3BR,1BA | $1.25 |
| Triple Crown Altoona Cooperative | 3BR TH | 3BR,1BA | $1.29 |
| Broadway Heights | B1 - 60 - Income Restricted | 2BR,2BA | $1.29 |
| Venbury Trail | 1 Bedroom | 1BR,1BA | $1.35 |
| Prairie Woods Apartments | One Bedroom | 1BR,1BA | $1.29 |
| Centennial Place Apartments | 1BR/ 1BA | 1BR,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.
Read ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Altoona, IA
Frequently Asked Questions about Altoona
What type of rentals are currently available in Altoona?
There are currently 66 Apartments for Rent in Altoona, IA with pricing that ranges from $734 to $2,780. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Altoona ranging from $655 to $4,000.
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 $4,000 with an average monthly rent of $2,157.
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 $2,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $2,665. Four Bedroom Single-Family rentals are also available starting from $1,495 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

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.

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.

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.

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.