Average Rent in Altoona, IA and Rent Price Trends

Rent trends in Altoona, IA

Average rent prices in Altoona have decreased by 2% 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 $1,050, whereas a house costs $1,799. 1-bedroom apartments in Altoona run $999 on average, while 2-bedroom apartments are $1,037.


Studio	$980	10%	67%
1 bedroom	$1,000	3%	50%
2 bedroom	$1,110	6%	21%
3 bedroom	$1,799	3%	7%
4 bedroom	$1,795	1%	19%

				Listings
Apartments	$1,050	5%	No Change
Houses	$1,799	4%	No Change

Studio

Average rent

$980

Last 30 days

10%

Last year

67%

1 bedroom

Average rent

$1,000

Last 30 days

Last year

50%

2 bedroom

Average rent

$1,110

Last 30 days

Last year

21%

3 bedroom

Average rent

$1,799

Last 30 days

Last year

4 bedroom

Average rent

$1,795

Last 30 days

Last year

19%

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$1,105

43%

lower than the national median

Median rent price$1,384

29%

lower than the national median

Takeaway

The median rent for all rentals in Altoona, IA is 20% lower than the median rent in Ankeny, IA.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,384

$1,760

$2,335

$995

$1,475

$1,137

$1,475

$1,850

$1,397

$1,450

$1,370

$1,149

Discover rentals in Altoona, IA

Centennial Place Apartments - Photo 1 of 1

3d ago

8.6

Very good

Centennial Place Apartments

901 7th Ave Se, Altoona, IA 50009

2 beds

1 bath

$855–$995

Apartment for rent

2d ago

8.3

Very good

Triple Crown Altoona Cooperative

1030 Greenway Ct, Altoona, IA 50009

2–3 beds

1 bath

$955–$1,585

Apartment for rent

1d ago

Very good

Prairie Village of Altoona Cooperative

500 5th Ave Sw, Altoona, IA 50009

1–2 beds

1 bath

$978–$1,374

Apartment for rent

3d ago

9.4

Excellent

Verified

Bridlewood Apartments

108 5th Ave Nw, Altoona, IA 50009

1–3 beds

1 bath

$989–$1,299

Price drop

Apartment for rent

Call

2d ago

Excellent

Verified

Altoona Park Apartments

401 2nd St Nw, Altoona, IA 50009

2 beds

2 baths

$1,025

Apartment for rent

Call

3d ago

8.4

Very good

Adventureland Village

807 14th Ave Nw, Altoona, IA 50009

2 beds

1 bath

$1,110

Apartment for rent

5d+ ago

Very good

Meadow Villas

1550 28th Ave Sw, Altoona, IA 50009

3 beds

1 bath

$1,400

Apartment for rent

5d+ ago

House for rent in Altoona

300 5th Ave Nw, Altoona, IA 50009

3 beds

1 bath

$1,550

House for rent

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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 $1,105 per month as of June 13, 2026.

Is rent up or down in Altoona?

Average rent prices in Altoona have decreased by 2% 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 43% below the national average, which means renters are paying approximately $845 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 $44,000/year, based on spending no more than 30% of your income on rent.

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

The average rent for a 1-bedroom apartment in Altoona, IA is $1,170, while a 2-bedroom apartment averages $988.

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).