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Altoona, Pennsylvania, Multifamily Performs Well Through 2021

Small Central Pennsylvania Market Hits Record-Low Vacancies

Altoona multifamily is dominated by workforce housing, such as the Logan Hill Apartments, pictured. (CoStar)
Altoona multifamily is dominated by workforce housing, such as the Logan Hill Apartments, pictured. (CoStar)

Altoona, Pennsylvania, was built as a rail hub and manufacturing center, and the small town in Blair County has struggled with outmigration for decades. But even so, the multifamily market in this town of 50,000 people has performed remarkably well in 2021.

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