
Cheap Homes for Rent in Downtown Altoona Neighborhood of Altoona, PA from $500 (1 Rental)
Search the lowest-cost Homes available for rent right now in the Downtown Altoona area of 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.
Downtown Altoona, Altoona, PA Local Guide

How much does it cost to rent a home in Downtown Altoona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Altoona 2 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
| Downtown Altoona 3 Bedroom Homes for Rent | $943 | $749 | $1,100 |
| Downtown Altoona 4 Bedroom Homes for Rent | $900 | $900 | $900 |
Explore Altoona
Downtown Altoona, Altoona, PA Local Guide
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Best Value Apartments for Rent in Downtown Altoona, PA
As of July 06, 2026 the best value apartment in the Downtown Altoona area is the $1.08 price per square foot 1318 11th Ave Model at 1318 11th Ave, Unit 3A in the in the Downtown Altoona neighborhood starting from $1,300. The second greatest value Downtown Altoona apartment is the 2 Beds, 1 Baths Model at Keith Hilltop Terrace 55+ Living starting at $900 with a $0.90 price per square foot in the Downtown Altoona neighborhood. Here is today’s list of the best values for Downtown Altoona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1318 11th Ave, Unit 3A | 1318 11th Ave | 1BR,1BA | $1.08 |
| Keith Hilltop Terrace 55+ Living | 2 Beds, 1 Baths | 2BR,1BA | $0.90 |
| 1624 19th Ave | 1 Bedroom Regular | 1BR,0.5BA | $2.33 |
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 ArticleReal 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.
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.
Pet Friendly LifestyleDowntown Altoona, Altoona, PA
Ranked #1
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Altoona
What type of rentals are currently available in Downtown Altoona?
There are currently 37 Apartments for Rent in Downtown Altoona, PA with pricing that ranges from $750 to $1,440. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Altoona ranging from $585 to $1,725.
What is the current price range for Rental Homes in Downtown Altoona?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Altoona ranges from $585 to $1,725 with an average monthly rent of $950.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.