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These days, finding an affordable place to live in the Altus area can be challenging. Home prices in Altus are now at a median cost of $162,202, lower than the Oklahoma average of $210,566.
The average cost of rent is $881/mo in Altus, primarily driven by the current value of real estate in the Altus area. In Altus, 45.36% of households rent, and 47.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Altus is $5,690 per month. Households that rent pay about 15.49% of their income on rent here. Altus’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Victory, OK: higher priced homes
- Friendship, OK: higher priced homes
- Humphreys, OK: less expensive homes
- Martha, OK: higher priced homes
- Altus Afb, OK: less expensive homes
- Blair, OK: equally priced homes
- Olustee, OK: less expensive homes
- Warren, OK: higher priced homes
- Headrick, OK: less expensive homes
- Duke, OK: less expensive homes
Cities with Similar Populations
- Douglas, AZ: equally priced homes
- Temple, GA: higher priced homes
- St. John, IN: higher priced homes
- Riverton, NJ: higher priced homes
- Grand Island, NY: higher priced homes
- Liberty Hill, TX: higher priced homes
- Forest Lake, MN: higher priced homes
- Fillmore, CA: higher priced homes
- Fairfax Station, VA: higher priced homes
- Evergreen Park, IL: higher priced homes
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