Blue Ridge Commons
1040 Blue Ridge Pl NW,
Altoona, IA 50009
$867 - $2,433
1-3 Beds
Rental Market Trends in Altoona, IA
What is the average rent in Altoona, IA?
$995/month
Average Rent
693 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of October 2025, the average rent in Altoona, IA is $995 per month. This is 39% lower than the national average rent of $1,630/month, making renting in Altoona more affordable than most cities in the US. When you rent an apartment in Altoona, you can expect to pay about $707 per month for a studio, $995 for a one-bedroom apartment, and around $1,275 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,518 or more.
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How much has average rent changed in Altoona, IA?
In the past year, rent has decreased by 1%, which averages out to $9 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Altoona?
Based on current rent prices, Altoona Village and Ironwood" are the most affordable neighborhoods in Altoona.
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What are the most expensive neighborhoods in Altoona?
Based on current rent prices, Ironwood and Altoona Village" are the most expensive neighborhoods in Altoona.
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Which Altoona neighborhoods have the most rentals available?
The neighborhoods in Altoona with the most apartments available are Altoona Village and Ironwood" .
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What salary do I need to live comfortably in Altoona, IA?
Because the average rent in Altoona is $995, you’ll want to make about $3,316 per month or $39,792 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Altoona, IA compare to other nearby cities and neighborhoods?
Use the tool below to compare Altoona, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.
* Percentages may not total 100 due to rounding.