Altona renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Altona is about $657 per month. This puts it in the 22nd percentile compared to the state average cost of rent, which is $1,235. Households in Altona have a median income of $5,708 per month so the average renter in Altona is spending roughly 12% of their earnings on housing.
Nationally, and in Altona, home values are the data point most closely correlated with the cost of rent. The median price of a home in Altona is $86,802 right now, which is lower than nearby cities, meaning that rents in Altona also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Altona while lower rent rates are often available in northwestern areas.
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