Altoona, IA
Full City Profile · Iowa · Polk County County
3.5
/5.0
B+
Good
20,592
Population
1,547/sq mi density
$87,123
Median Income
$41,907 per capita
$257,300
Home Value
$317,292 Zillow
$1,203
Median Rent
25.1% income on rent
50°F
Avg Temperature
275 sunny days/yr
119
Violent Crime/100K
2,989 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$87,123 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$257,300 home value, $1,203/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
B+
Education
3.6 / 5.0
32.6% bachelor's degree or higher
Housing Overview
Median Home Value
$257,300
9% below
US avg: $281,900
Median Rent
$1,203/mo
3% above
US avg: $1,163/mo
Homeownership Rate
68.3%
4% above US avg (65.4%)
Total Housing Units
7,893
Median year built: 1998
Home Value by Source
Census Median
$257,300
Zillow (ZHVI)
$317,292
Median Sale Price
$316,250
Median List Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.3%
Owner-Occupied
31.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$1,203/mo
· Zillow rent:
$1,639/mo
Market Indicators (Redfin)
Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
25.7%
of listings with price reduction
Price Per Sq Ft
$214
Active Inventory
136
homes for sale
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
68.3%
Complete Housing Data
Home Values
| Census Median Value | $257,300 |
| Zillow Home Value (ZHVI) | $317,292 |
| Median Sale Price | $316,250 |
| Median List Price | $350,000 |
| Price Per Sq Ft | $214 |
Rent
| Census Median Rent | $1,203 |
| Zillow Rent (ZORI) | $1,639 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
| Days on Market | 99 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.7% |
| Homes Sold | 16 |
| Active Inventory | 136 |
| Price Per Sq Ft | $214 |
Ownership & Stock
| Owner-Occupied | 68.3% |
| Renter-Occupied | 31.7% |
| Homeownership Rate | 68.3% |
| Total Housing Units | 7,893 |
| Median Year Built | 1998 |
| Rent Burden | 25.1% |
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