salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 11.1 minutes.
How much money do I need?
To rent here comfortably, you should earn about $32,320 a year. That is $16 an hour at a full-time job.
Is rent cheaper than other Oklahoma cities?
Yes. Rent here is cheaper than in most of Oklahoma. It is number 9 of 75 cities from cheapest to most expensive.
How much do households earn in Altus?
Share of households by yearly income. 16.8% of households earn $100,000 or more.
Rent by apartment size in Altus
| Size | Altus | U.S. average |
|---|---|---|
| Studio | $691 | $1,338 |
| 1 bedroom | $621 | $1,324 |
| 2 bedrooms | $844 | $1,509 |
| 3 bedrooms | $1,082 | $1,698 |
| 4 bedrooms | $1,556 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Altus overall?
Everyday prices in Oklahoma overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Altus, so the Oklahoma figure is shown.
Taxes and bills in Altus
Life in Altus
Is it cheaper to rent or buy in Altus?
Renting is cheaper right now: about $248 a month less.
Owning assumes a typical $152,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,220 for the down payment.
Frequently asked questions
What is the average rent in Altus, OK?
Renting in Altus costs a median of about $808 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in Altus?
To keep rent under 30% of income, you need about $32,320 a year, or $16 an hour at a full-time job.
Is Altus cheap or expensive?
Altus is rated Cheap: rent takes 16.3% of the typical household income of $59,636. It ranks 9th cheapest of 75 Oklahoma cities we track.
How much are property taxes in Altus?
The median homeowner in Altus pays $923 a year in property taxes, about 0.61% of the median home value.
Is Altus more expensive than the national average?
Overall prices in Oklahoma are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Altus?
The median home value in Altus is $152,200, about 2.6 times the typical yearly household income.
18,646 people live in Altus. Numbers are typical (middle) values.