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Studio Apartment for Rent in Altoona, WI

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    Starting at $975 Per Month

    • Studio - 2 Beds

    2020 N Hillcrest Pkwy, Altoona, WI 54720

    Welcome to AFR Apartments, conveniently located in Altoona off highway 12. This brand-new construction building features high end finishes such as quartz countertops, luxury vinyl plank floors, walk in closets, laundry machines in each unit, garbage disposals, ice makers, secure entry to the building, and so much more. Like all day breakfast? Walk over to the Altoona Family Restaurant located

    AFR Apartments

    (534) 444-8336

    2020 N Hillcrest Pkwy, Altoona, WI 54720

Why Live in Altoona

Altoona, Wisconsin, is a growing suburban community adjacent to Eau Claire, offering a mix of residential and commercial developments. Housing options range from century-old farmhouses to contemporary ranch-style homes, townhouses, and manufactured homes. The area features suburban streets with green lawns and sidewalks, as well as rural properties surrounded by nature. Local attractions include lakefront parks such as Lake Altoona County Park, which offers beaches, a boat launch, and grills, and Altoona City Park with tennis and basketball courts, playgrounds, and a community center. River Prairie is a bustling business district with athletic facilities, restaurants, event spaces, and unique amenities like ice rinks for Crokicurl. The district hosts festivals, outdoor movie viewings, and lawn games, and provides river access for kayaking and fishing. The School District of Altoona includes highly rated schools like Altoona Intermediate School and Altoona Middle School. Shopping options are concentrated along U.S. Highway 53, with Oakwood Mall and various big-box stores nearby. Dining ranges from American comfort food at Altoona Family Restaurant to Mexican cuisine at Juanita’s Mexican Restaurant. Transportation is facilitated by U.S. Highway 53 and Eau Claire Transit buses, with Interstate 94 leading to Minneapolis, 95 miles west. Health care services are accessible at Mayo Clinic Health System hospital in Eau Claire, 5 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Altoona, WI?
The median rent for a home in Altoona, WI is $1,547 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Altoona, WI?
To comfortably afford the median rent in Altoona, WI, a household needs to earn roughly $61,880 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 $1,547 per month in Altoona, WI, renters typically need to show $4,641 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, WI?
In Altoona, WI, the price-to-rent ratio is 16.7, 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.

Rental Home Trends in Altoona, WI

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,547
Median Single Family Home Rent
$1,950
Median Townhouse Rent
$1,195
Median Condo Rent
$1,495
How to Rent a Home