Homes & Apartments for Rent in Altoona, IA

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What to Know About

Life in Altoona & Beyond

Altoona shares many of the great qualities that make Iowa a desirable place to live.

Iowa is known as the "Hawkeye State" and America's heartland. This beautiful state is famous for its rolling hills, fertile farmland, and vibrant cities. Immerse yourself in Iowa's rich history by visiting the Herbert Hoover Presidential Library and Museum, Amana Colonies, or developing your skills at the University of Iowa and Iowa State University. Iowa also has a vibrant cultural scene, with dozens of professional theaters, art galleries, and museums spread throughout the state.

Iowa is a haven for outdoor enthusiasts, offering a variety of activities such as hiking the scenic Loess Hills, camping and fishing in its state parks and lakes, and winter sports like skiing and snowboarding. Explore famous attractions like the State Capitol Building, the Des Moines Art Center, and the historic town of Cedar Rapids. With its friendly communities, affordable living, and thriving economy, Iowa offers a high quality of life and a strong sense of community, making it an ideal place for those looking for a fulfilling lifestyle.

Discover why Iowa is a place that is sure to steal your heart and capture your imagination. Experience the best of what the Midwest offers, and you'll see why it's such a great place to live.

Rental Market Trends

Altoona, IA

As of October 2026, Altoona's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Altoona's average rent is 7.3% ($83) lower than the Iowa average of $1,137 and 42.1% ($765) lower than the U.S. average of $1,819.

Average Rent
$1,054
Monthly ChangeMonth Over Month Change
Decreased6.2% ($70)
Yearly ChangeYear Over Year Change
Increased1.3% ($14)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $893 Increased0.3% ($3) Decreased3.6% ($33)
2 Beds $1,035 Decreased0.1% ($1) Increased0.7% ($7)
3 Beds $1,396 No change Increased10.6% ($134)
Nearby Cities Average Rent Avg. Rent vs. AltoonaAverage Rent vs. Altoona Avg. Days on MarketAverage Days on Market
Pleasant Hill $1,576 Increased49.5% ($522) 36 days
Mitchellville $929 Decreased11.9% ($125) 33 days
Bondurant $1,109 Increased5.2% ($55) 34 days
Des Moines $993 Decreased5.8% ($61) 35 days
Ankeny $1,340 Increased27.1% ($286) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Altoona Rental Market FAQs

Explore rental prices, market trends, and availability in Altoona, IA.

The average rent in Altoona, IA is $1,054 per month.
Homes in Altoona typically rent for between $625 and $1,815 per month, with an average of $1,054 per month.
In Altoona, the average rent for a 1-bedroom home is $893 per month, for a 2-bedroom home, $1,035 per month, and a 3-bedroom home is $1,396 per month.
The average rent in Altoona is 42.1% ($765) lower than the national average of $1,819 per month.
The average rent in Altoona has decreased by 6.2% ($70) in the last month and increased by 1.3% ($14) over the past year.
The rental market in Altoona, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Altoona, IA, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 19 rental properties available in Altoona, IA.
Based on the current averages, a household would need an annual income of $41,400 to comfortably afford a 2-bedroom home in Altoona.
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