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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
68%
32%
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 Market99
Sale-to-List Ratio1.0%
Price Drops25.7%
Homes Sold16
Active Inventory136
Price Per Sq Ft$214

Ownership & Stock

Owner-Occupied68.3%
Renter-Occupied31.7%
Homeownership Rate68.3%
Total Housing Units7,893
Median Year Built1998
Rent Burden25.1%