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 August 2025, Altoona's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Altoona's average rent is 8.2% ($90) higher than the Iowa average of $1,103 and 33.4% ($597) lower than the U.S. average of $1,790.

Average Rent

$1,193

Monthly ChangeMonth Over Month Change

2.2% ($26)

Yearly ChangeYear Over Year Change

0.6% ($7)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$988	5.8% ($61)	2.5% ($24)
2 Beds	$1,121	6.8% ($82)	1.7% ($19)
3 Beds	$1,432	4.7% ($71)	4.4% ($61)

Nearby Cities	Average Rent	Avg. Rent vs. AltoonaAverage Rent vs. Altoona	Avg. Days on MarketAverage Days on Market
Pleasant Hill	$1,305	9.4% ($112)	37 days
Bondurant	$1,097	8% ($96)	35 days
Des Moines	$1,073	10.1% ($120)	36 days
Ankeny	$1,356	13.7% ($163)	38 days
Carlisle	$824	30.9% ($369)	39 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.

What is the average rent in Altoona, IA?

The average rent in Altoona, IA is $1,193 per month.

What is the rental price range for apartments in Altoona, IA?

Apartments in Altoona typically rent for between $692 and $1,862 per month, with an average of $1,193 per month.

What is the average rent for different bedroom sizes in Altoona, IA?

In Altoona, the average rent for a 1-bedroom apartment is $988 per month, for a 2-bedroom apartment, $1,121 per month, and a 3-bedroom apartment is $1,432 per month.

How do rent prices in Altoona, IA compare with the national average?

The average rent in Altoona is 33.4% ($597) lower than the national average of $1,790 per month.

How have rent prices in Altoona, IA changed recently?

The average rent in Altoona has increased by 2.2% ($26) in the last month and increased by 0.6% ($7) over the past year.

How competitive is the rental market in Altoona, IA?

The rental market in Altoona, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Altoona, IA?

In Altoona, IA, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Altoona, IA?

There are currently 17 rental properties available in Altoona, IA.

Can I afford to rent an apartment in Altoona, IA?

Based on the current averages, a household would need an annual income of $44,840 to comfortably afford a 2-bedroom apartment in Altoona.