Altoona, PA at a glance
Median household income
$51,250$4,271 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Altoona, PA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Altoona, PA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Altoona, PA MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $802 | $9,624 | $32,080 | 18.8% |
| 1-Bedroom Apartment | $948 | $11,376 | $37,920 | 22.2% |
| 2-Bedroom ApartmentBenchmark | $1,138 | $13,656 | $45,520 | 26.6% |
| 3-Bedroom Home | $1,458 | $17,496 | $58,320 | 34.1% |
| 4-Bedroom Home | $1,705 | $20,460 | $68,200 | 39.9% |
What a typical income covers in Altoona, PA
The 50/30/20 rule applied to the local median of $51,250 a year ($4,271 a month before tax).
What $51,250 leaves after Pennsylvania taxes
Federal income tax, Social Security, Medicare and Pennsylvania tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Pennsylvania
Living in Altoona, PA: common questions
What is the median household income in Altoona, PA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Altoona, PA is $51,250 per year (approximately $4,271 per month).
What is the average rent in Altoona, PA?
The closest official figure is HUD's Fair Market Rent for 2026: $802 for a studio, $948 for one bedroom, $1,138 for two, $1,458 for three and $1,705 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Altoona, PA expensive to live in?
Prices there run 10.5% below the U.S. average. BEA's regional price parity for the metro area is 89.5, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Altoona, PA?
To keep a $1,138 two-bedroom under 30% of gross income, a household needs about $45,520 a year, or $3,793 a month. That is 89% of what the typical household in Altoona, PA earns.
How much do you need to live comfortably in Altoona, PA?
On the local median income of $51,250 ($4,271 a month before tax), the 50/30/20 rule leaves $2,135 a month for needs like rent, utilities and groceries, $1,281 for everything else and $854 for savings or debt. A two-bedroom at $1,138 takes 53% of the needs share.
How much is the electric bill in Altoona, PA?
Homes in Pennsylvania paid 21.7¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $196. Your bill depends mostly on heating and cooling.