Much like other places in this area, it is a little less expensive compared to the rest of the country. However compared to the city of Des Moines, it is significantly more expensive.
Home prices
Altoona's median home value is $196,600. Compared to other places in this area it is is very similar.It is approximately $20,900 (9%) lower in comparison to the country as a whole, and it is roughly $63,400 (47%) higher in comparison to the city of Des Moines.
Rents
In Altoona the median monthly rent is $931. Compared to the surrounding areas this is roughly $131 (12%) lower.It is about $131 (12%) lower compared to the rest of the country, and compared to the city of Des Moines it is about $76 (8%) higher.
Nearby places
Bondurant
Bondurant is Altoona's neighbor to the north. Its real estate prices are a little more expensive. The cost of the median home in Bondurant is $217,500, which works out to $20,900 (9%) higher than Altoona. Rent there is a bit less expensive. In Bondurant the median monthly rent is $857, which works out to $74 (8%) lower than Altoona.
Pleasant Hill
Pleasant Hill is Altoona's neighbor to the south. Real estate prices there are pretty similar. The median home in Pleasant Hill costs $201,500, which is $4,900 (2%) higher than Altoona. Rents there are somewhat more expensive. Pleasant Hill's median rent is $1,002 a month, which comes out to $71 (7%) higher than Altoona.
Mitchellville
Mitchellville is roughly 5 miles east of Altoona. Real estate prices there are a lot less expensive. The price of the median home in Mitchellville is $137,300, which is $59,300 (43%) lower than Altoona. Rents there are substantially less expensive. Mitchellville's median rent is $698 a month, which comes out to $233 (33%) lower than Altoona.
Saylorville
Saylorville is about 6 miles west from Altoona. The housing prices there are a little more expensive. The median home price in Saylorville is $210,000, which works out to $13,400 (6%) higher than Altoona. Rent there is significantly more expensive. The median monthly rent in Saylorville is $1,679, which is $748 (44%) higher than Altoona.
Ankeny
Ankeny is about 7 miles northwest from Altoona. Real estate prices there are somewhat more expensive. Ankeny's median home value is $220,100, which is $23,500 (10%) higher than Altoona. Rent there is a bit more expensive. Ankeny's median rent is $1,073 a month, which works out to $142 (13%) higher than Altoona.
