States › Wisconsin › Altoona

Is Altoona, WI expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7222% lower than U.S. average
💵 Families earn per year (2026)$91,189about $7,599/month · 5% higher than U.S. average
🔑 House price$233,10030% lower than U.S. average

Rent is higher than in 53% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $68,880 a year. That is $33 an hour at a full-time job.

Is rent cheaper than other Wisconsin cities?

No. Rent here is more expensive than in most of Wisconsin. It is number 122 of 156 cities from cheapest to most expensive.

Altoona
$1,722
$1,108
$1,138
$1,042
$1,925

How much do households earn in Altoona?

Under $25k
10.3%
$25k–50k
18.0%
$50k–100k
45.3%
$100k–150k
16.0%
$150k+
7.7%

Share of households by yearly income. 23.7% of households earn $100,000 or more.

Rent by apartment size in Altoona

SizeAltoonaU.S. average
1 bedroom$1,130$1,324
2 bedrooms$1,498$1,509
3 bedrooms$1,538$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Altoona overall?

Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
79
Goods (food, clothes…)
94
Utilities
90
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Altoona, so the Wisconsin figure is shown.

Taxes and bills in Altoona

🏛️ Property tax$3,535a year · 1.52% of home value · U.S. $3,119
⚡ Electric bill$148a month (typical) · U.S. $156

Life in Altoona

Commute to work18.3 minU.S.: 26.4 min
College degree42.2%U.S.: 35.7%
Own their home51.9%U.S.: 65.2%
Below poverty line13.1%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Altoona?

Buying is cheaper month to month: about $105 a month less than renting.

Renting
$1,722
Owning
$1,617

Owning assumes a typical $233,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,310 for the down payment.

Frequently asked questions

What is the average rent in Altoona, WI?

Renting in Altoona costs a median of about $1,722 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Altoona?

To keep rent under 30% of income, you need about $68,880 a year, or $33 an hour at a full-time job.

Is Altoona cheap or expensive?

Altoona is rated OK: rent takes 22.7% of the typical household income of $91,189. It ranks 122nd cheapest of 156 Wisconsin cities we track.

How much are property taxes in Altoona?

The median homeowner in Altoona pays $3,535 a year in property taxes, about 1.52% of the median home value.

Is Altoona more expensive than the national average?

Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Altoona?

The median home value in Altoona is $233,100, about 2.6 times the typical yearly household income.

8,878 people live in Altoona. Numbers are typical (middle) values.