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Affordable apartments in Altoona, Iowa

7 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

7 lihtc

Buildings

VENBURY TRAIL APTS

LIHTC
900 EIGHTH ST SW, ALTOONA, IA, 50009
Income-restricted units
96 of 96
Year placed in service
1998
Bedroom mix
24 1BR · 48 2BR · 24 3BR

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

CENTENNIAL PLACE I

LIHTC
720 EIGHTH ST SE, ALTOONA, IA, 50009
Income-restricted units
96 of 96
Year placed in service
1995
Bedroom mix
12 1BR · 72 2BR · 12 3BR

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

OAKLAND POINTE

LIHTC
623 17TH AVE NW, ALTOONA, IA, 50009
Income-restricted units
89 of 89
Year placed in service
1997
Bedroom mix
32 1BR · 30 2BR · 28 3BR

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

MEADOW VISTA PARKSIDE

LIHTC
2647 17TH ST SW, ALTOONA, IA, 50009
Income-restricted units
59 of 59
Year placed in service
2012
Bedroom mix
15 3BR · 44 4+BR

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

MEADOW VISTA SENIOR VILLAS

LIHTC
1806 28TH AVE SW, ALTOONA, IA, 50009
Income-restricted units
50 of 50
Year placed in service
2012
Bedroom mix
50 2BR

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

OAKLAND POINTE

LIHTC
619 17TH AVE NW, ALTOONA, IA, 50009
Income-restricted units
42 of 42
Year placed in service
1996
Bedroom mix
22 1BR · 8 2BR · 12 3BR

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

CLOVERIDGE APTS

LIHTC
858 EIGHTH ST SE, ALTOONA, IA, 50009
Income-restricted units
24 of 24
Year placed in service
1994

Estimated total housing cost: $1,410 rent + $117 utilities = $1,527/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Iowa

Residential electricity in Iowa runs about 13.85¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $15.27/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 50009

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,140n/a
1 bedroom$1,190n/a
2 bedroom$1,410$1,502
3 bedroom$1,920n/a
4 bedroom$1,970n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Polk County, IA

Des Moines-West Des Moines, IA. FY2025. Area median income: $114,500.

Household size30% AMI50% AMI80% AMI
1 person$24,050$40,100$64,150
2 people$27,500$45,800$73,300
3 people$30,950$51,550$82,450
4 people$34,350$57,250$91,600
5 people$37,650$61,850$98,950
6 people$43,150$66,450$106,300
7 people$48,650$71,000$113,600
8 people$54,150$75,600$120,950

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Iowa cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Altoona cost-of-living and Fair Market Rent overview