Rent in Altoona, IA
A 2-bedroom in Altoona, IA (ZIP 50009) typically rents for about $1,344 a month, with a range of $1,247–$1,440. Owner-occupied homes in Polk County pay about 1.68% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,170 | $1,102–$1,170 | 1 |
| 1 bed | $1,093 | $976–$1,210 | 1 |
| 2 beds | $1,344 | $1,247–$1,440 | 1 |
| 3 beds | $1,721 | $1,472–$1,970 | 1 |
| 4 beds | $2,010 | $1,901–$2,010 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Altoona ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Altoona, IA?
- About $1,344 a month: the median of the typical rents in 1 ZIP code, which range from $1,247–$1,440. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Altoona, IA?
- About $1,093 a month: the median of the typical rents in 1 ZIP code, which range from $976–$1,210. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Altoona, IA?
- About $1,721 a month: the median of the typical rents in 1 ZIP code, which range from $1,472–$1,970. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Altoona, IA?
- About $1,170 a month: the median of the typical rents in 1 ZIP code, which range from $1,102–$1,170. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Altoona, IA?
- About $2,010 a month: the median of the typical rents in 1 ZIP code, which range from $1,901–$2,010. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Altoona, IA?
- Owner-occupied homes in Polk County pay a typical 1.68% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Altoona rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).