Apartments for Rent in Altoona, IA

Prices and availability in Altoona, IA were last updated on 2 Jun 2026.

The best apartments in Altoona, IA are: Redwood Altoona one, Spruce Pointe, Oakland Pointe, Blue Ridge Commons and Redwood Altoona.

The average rent in Altoona, IA is $1,235.

The price range for a studio apartment in Altoona, IA is between $850 and $2,204.

The price range for a 1-bedroom apartment in Altoona, IA is between $857 and $1,678.

The price range for a 2-bedroom apartment in Altoona, IA is between $850 and $2,575.

The price range for a 3-bedroom apartment in Altoona, IA is between $900 and $2,369.

In Altoona, 31% of the residents are renting compared to 69% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Altoona's rentals, 72% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The average age of rental buildings in Altoona is 20 years old, with 58% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Altoona come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 31% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Altoona. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.