Apartments for Rent in Altoona, IA

Prices and availability in Altoona, IA were last updated on 5 Oct 2026.

The best apartments in Altoona, IA are: Spruce Pointe, Altoona Towers, 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 $799 and $1,543.

The price range for a 1-bedroom apartment in Altoona, IA is between $945 and $1,747.

The price range for a 2-bedroom apartment in Altoona, IA is between $865 and $2,809.

The price range for a 3-bedroom apartment in Altoona, IA is between $950 and $2,525.

In Altoona 31% of the housing is rented out compared to 69% of homes are owned, according to the most recent Census Bureau estimates. 12% of Altoona's apartments are found in large buildings of 50 units or more, 72% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Altoona are about 20 years old, on average. Of these, 58% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Altoona are around 2% of rentals, while 1-bedroom floor plans represent 31% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.