Can A Bus Driver Afford Rent in Altoona, IA?

Stretched but workable — rent takes 39.8% of gross income.

Altoona rent: September 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Altoona median rent
$1,583/mo
Bus Driver salary (Iowa)
$47,674/yr
Rent as % of income
39.8%
Gross monthly income works out to about $3,973, and the 30% rule supports up to $1,192/mo in rent. Altoona's median rent of $1,583 exceeds that threshold by $391/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 69.1 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Iowa cities have lower median rent than Altoona, which improves the affordability math on a bus driver salary:

Iowa City, IA
$1,582/mo (39.8% of income)
Iowa City, IA
$1,570/mo (39.5% of income)
Waukee, IA
$1,570/mo (39.5% of income)

Compare with full rent data for Altoona

View full rent data for Altoona, IA →

Frequently asked questions

Can a bus driver afford rent in Altoona, IA?

Median rent in Altoona is $1,583 a month. A typical bus driver in Iowa earns about $47,674 a year, which makes that rent 39.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a bus driver afford in Altoona?

Using the 30% rule, a bus driver salary in Iowa (~$47,674/yr) supports up to $1,192 a month in rent. Altoona's current median rent is $1,583/mo, which is $391/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Altoona?

At an hourly equivalent of about $23 an hour, a bus driver in Iowa works roughly 69.1 hours a month to cover Altoona's median rent of $1,583.

Where is rent cheaper than Altoona for a bus driver?

Nearby Iowa cities with lower median rent include Iowa City ($1,582/mo), Iowa City ($1,570/mo), Waukee ($1,570/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Iowa state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Altoona, IA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.