Average Rent in Altoona, IA and Rent Price Trends

Rent trends in Altoona, IA

Average rent prices in Altoona have remained the same over the last month and have decreased by 17% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Altoona, IA

Rent prices in Altoona vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Altoona is $1,029, whereas a house costs $1,700. 1-bedroom apartments in Altoona run $1,018 on average, while 2-bedroom apartments are $1,025.


Studio	$995	6%	63%
1 bedroom	$1,046	No Change	47%
2 bedroom	$1,027	2%	13%
3 bedroom	$1,700	3%	8%
4 bedroom	$1,595	1%	28%

				Listings
Apartments	$1,029	1%	No Change
Houses	$1,700	13%	No Change

Studio

Average rent

$995

Last 30 days

Last year

63%

1 bedroom

Average rent

$1,046

Last 30 days

No Change

Last year

47%

2 bedroom

Average rent

$1,027

Last 30 days

Last year

13%

3 bedroom

Average rent

$1,700

Last 30 days

Last year

4 bedroom

Average rent

$1,595

Last 30 days

Last year

28%

The table above reflects average rent prices in Altoona, IA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Altoona, IA compare to other cities?

Compare median rent prices in Altoona and Ankeny by all bedroom counts and property types.

Altoona

Median rent price$1,075

44%

lower than the national median

Median rent price$1,449

25%

lower than the national median

Takeaway

The median rent for all rentals in Altoona, IA is 26% lower than the median rent in Ankeny, IA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,449

$2,075

$1,550

$1,000

$1,320

$942

$1,672

$1,875

$1,270

$1,412

$1,395

$1,025

Discover rentals in Altoona, IA

Centennial Place Apartments - Photo 1 of 1

5d+ ago

8.6

Very good

Centennial Place Apartments

901 7th Ave Se, Altoona, IA 50009

2 beds

1 bath

$855

Apartment for rent

5d+ ago

Apartment for rent in Altoona

400 3rd Ave Sw #6, Altoona, IA 50009

2 beds

1 bath

$895

Apartment for rent

Available Aug 15

2h ago

9.7

Excellent

Verified

Bridlewood Apartments

108 5th Ave Nw, Altoona, IA 50009

1–3 beds

1 bath

$989–$1,299

Apartment for rent

Call

5d+ ago

Excellent

Verified

Altoona Park Apartments

401 2nd St Nw, Altoona, IA 50009

2 beds

2 baths

$1,025

Apartment for rent

Call

5d+ ago

8.5

Very good

Meadow Villas

1550 28th Ave Sw, Altoona, IA 50009

3 beds

1 bath

$1,400

Apartment for rent

5d+ ago

Townhouse for rent in Altoona

402 4th St Nw, Altoona, IA 50009

4 beds

2.5 baths

$1,895

House for rent

Available Aug 27

Stay up to date with rental market insights

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Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Altoona, IA

Quick answers to common questions about the Altoona rental market.

How much is rent in Altoona?

The average rent in Altoona is $1,075 per month as of July 25, 2026.

Is rent up or down in Altoona?

Average rent prices in Altoona have remained the same over the last month and have decreased by 17% since last year.

How does Altoona rent compare to the national average?

Rent in Altoona is 44% below the national average, which means renters are paying approximately $855 less per month.

What salary do I need to afford rent in Altoona?

To comfortably afford rent in Altoona, you'd need to earn approximately $43,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Altoona?

Based on our current listings, Altoona is very welcoming to pet owners, with 73% of rental listings accommodating pets. With an average of about 51 apartments available monthly, this works out to roughly 37 pet-friendly options each month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).