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Studio Apartment for Rent in Altoona, IA

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    Starting at $910 Per Month

    • Studio

    807 14th Ave NW, Altoona, IA 50009

    Adventureland Village is a seventy-two unit multi-family complex located at the corner of Adventureland Drive and 14th Avenue N.W. Easy access to 80/35. Fifteen minutes to downtown Des Moines.

    Adventureland Village

    807 14th Ave NW, Altoona, IA 50009

Why Live in Altoona

Altoona, Iowa, located about 13 miles east of Des Moines, offers a suburban atmosphere with a variety of attractions and amenities. Known for its entertainment options, Altoona is home to Adventureland Resort, a major amusement park, and Prairie Meadows, a unique nonprofit casino with horse racing. The Outlets of Des Moines and Bass Pro Shops add to the shopping experience. The city is experiencing growth with new residential developments featuring Craftsman and Traditional-style homes, alongside established ranch-style and split-level homes. Tax abatements on new homes are available, appealing to potential homeowners. The Southeast Polk Community School District serves most of Altoona, with highly rated schools and opportunities for high school students to earn college credits through Des Moines Area Community College. While the city is largely car-dependent, some areas offer walkable access to stores and restaurants. Parks and recreational facilities are abundant, with the Sam Wise Youth Complex and Altoona Campus providing sports and fitness activities. Bike trails connect the community to the broader Des Moines metro trail system. Altoona's commercial growth, including businesses like Amazon and server hubs, contributes to its vibrant feel, distinguishing it from smaller suburbs in the area.

Frequently Asked Questions

How much does it cost to rent a home in Altoona, IA?
The median rent for a home in Altoona, IA is $1,350 per month, though prices vary by neighborhood, size, and property type. As of July 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 $54,000 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 $1,350 per month in Altoona, IA, renters typically need to show $4,050 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 21.3, 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 home?
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 home include East Village, Downtown Des Moines, Sherman Hill and Drake, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,350
Median Single Family Home Rent
$1,795
Median Townhouse Rent
$1,595
Median Condo Rent
$835
How to Rent a Home