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These days, finding an affordable place to live in the Altoona area can be challenging. Home prices in Altoona are now at a median cost of $224,863, lower than the Florida average of $396,783.
The average cost of rent is $2,041/mo in Altoona, primarily driven by the current value of real estate in the Altoona area. In Altoona, 28.68% of households rent, and 63.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Altoona is $5,511 per month. Households that rent pay about 37.03% of their income on rent here. Altoona’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pittman, FL: less expensive homes
- Silver Beach Heights, FL: higher priced homes
- Umatilla, FL: higher priced homes
- Paisley, FL: equally priced homes
- Lake Kathryn, FL: less expensive homes
- Grand Island, FL: higher priced homes
- Eustis, FL: higher priced homes
- Orange Bend, FL: less expensive homes
- Sorrento, FL: higher priced homes
- Moss Bluff, FL: less expensive homes
Cities with Similar Populations
- Sugarloaf, PA: higher priced homes
- Zionsville, PA: higher priced homes
- Howard Lake, MN: higher priced homes
- Harrah, WA: equally priced homes
- Hillsboro, WI: less expensive homes
- Charleston, MS: less expensive homes
- Old Fort, TN: less expensive homes
- Sherburne, NY: less expensive homes
- Spring Valley, MN: less expensive homes
- Stockholm, NJ: higher priced homes
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