Cheap Apartments for Rent in Altoona, IA

29 rentals

Apartments For Rent Near Altoona, IA

We found 30 more apartments matching your filters just outside Altoona

Average Rent Trends in Altoona, IA

Rent in Altoona, IA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Jul 2025$1,534
Aug 2025$1,430
Sep 2025$1,395
Oct 2025$1,400
Nov 2025$1,695
Dec 2025$1,650
Jan 2026$1,700
Feb 2026$1,650
Mar 2026$1,650
Apr 2026$1,789
May 2026$1,750
Jun 2026$1,427
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,088$1,411$1,650$1,962$1,424
Townhomes—$1,450——$1,450
Apartments and Condos—$1,050——$1,050
Houses—$2,268$1,801$2,500$1,850
See more information about local market trends in Altoona, IA

Frequently Asked Questions about Rentals in Altoona, IA

  • What is the average rent of an apartment in Altoona, IA?
    The average rent of an apartment in Altoona, IA is $1,204 per month. This is about 38% lower than the national average.
  • What is the average rent of a house in Altoona, IA?
    The average rent of a house in Altoona, IA is $1,850 per month. This is about 5% lower than the national average.
  • What is the average rent of a townhome in Altoona, IA?
    The average rent of a townhome in Altoona, IA is $1,450 per month. This is about 26% lower than the national average.
  • When is the average rent cheapest in Altoona, IA?
    In the last year, the average rent in Altoona, IA was lowest in Jan 2025 when it was $1,201 per month.
  • When is the average rent most expensive in Altoona, IA?
    In the last year, the average rent in Altoona, IA was highest in Nov 2025 when it was $1,695 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Altoona, IA?
    The average rent of a 1 bedroom apartment in Altoona, IA is $1,088 per month. That is about $45 more than the cost of a studio apartment.
  • How many available rental listings are in Altoona, IA?
    There are 28 available rental listings in Altoona, IA.
  • What are some zip codes in Altoona, IA?
    Altoona, IA includes zip codes such as: 50009.
  • What are some cities near Altoona, IA?
    Some nearby cities include: Pleasant Hill, Berwick, Mitchellville, Bondurant, Runnells. These cities may have more rental options to explore.