5

Altoona, IA Condos for Rent

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  • /2

    $750 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    405 8th St SW Unit 3, Altoona, IA 50009

    Property Id: 1458516FREE HEAT, WATER, SEWER, AND TRASH!! Lower level 2 BR 1 BA in Ankeny includes A/C, fridge, range, and blinds. Washer and dryer in building. No smoking. Pets must be approved by management. $200.00 non-refundable pet deposit per pet and an additional $25.00 per month per pet. 2 pet MAX. Available for move in May, 2024. $850/mo rent. $850 security deposit. Call Northwest

    (515) 631-5815

    405 8th St SW Unit 3, Altoona, IA 50009
  • /39

    $1,050 - $1,849

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    203 3rd St SE, Altoona, IA 50009

    Furnished Rental / Flexible Terms – 203 3rd St SE, AltoonaDiscover an elevated living experience in this fully furnished, professionally managed two-bedroom home—perfect for discerning professionals or long-term visitors seeking comfort and convenience.Recently updated throughout, this modern space features high-end finishes, soft-close cabinetry, stylish tile backsplash, and hard

    203 3rd St SE, Altoona, IA 50009
  • /39

    $1,050 - $1,849

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    203 3rd St SE, Altoona, IA 50009

    Furnished Rental / Flexible Terms – 203 3rd St SE, AltoonaDiscover an elevated living experience in this fully furnished, professionally managed two-bedroom home—perfect for discerning professionals or long-term visitors seeking comfort and convenience.Recently updated throughout, this modern space features high-end finishes, soft-close cabinetry, stylish tile backsplash, and hard

    203 3rd St SE, Altoona, IA 50009

Frequently Asked Questions

How much does it cost to rent a condo in Altoona, IA?
The median rent for a condo in Altoona, IA is $1,450 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Altoona, IA?
To comfortably afford the median rent in Altoona, IA, a household needs to earn roughly $72,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,824 per month in Altoona, IA, renters typically need to show $5,472 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Altoona, IA?
In Altoona, IA, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Altoona, IA are best for renting a condo?
The best neighborhood for renting in Altoona, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Des Moines, Indianola Hills and Drake, each with its own character and price range.

Condo Rental Trends in Altoona, IA

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,450
Median 2 Bedroom Condo Rent
$1,450
How to Rent a Home