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City · 18,646 residents · Jackson County, Oklahoma

Altus , Oklahoma

In Altus, a typical home is worth $152,200 and typical rent is $854 a month. Compared with all of Jackson County, typical household income is 12% lower and the share of households that own their home is 6 points lower.

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  • Typical home value

    $152,200

    4% below the county

    24% below Oklahoma

    • Altus
    • Jackson
    • Oklahoma

  • Typical rent

    $854a month

    About the same as the county

    16% below Oklahoma

    • Altus
    • Jackson
    • Oklahoma

  • Typical household income

    $55,295a year

    12% below the county

    15% below Oklahoma

    • Altus
    • Jackson
    • Oklahoma

  • Households that own their home

    54%

    6 points below the county

    12 points below Oklahoma

    • Altus
    • Jackson
    • Oklahoma

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$110,247
2.6% more than 12 months ago
Typical rent
$938 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Altus is in Jackson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jackson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Altus apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Anadarko, the typical home value is $89,300: 41% less than in Altus ($152,200).

  2. 54% of households in Altus own their home, against 59% in Jackson County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Altus

What homes there are in Altus, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Altus: 83% of homes, near the figure in Jackson County (82%).

Year built

In Altus, half of the homes were built before 1972; in Jackson County, before 1973.

In Altus, 64% of homes have 3 bedrooms or more, about the same as in Jackson County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $541,287, at least 99% of owner-occupied homes in Altus sit below it: they are worth less than $500,000.

Monthly rent with utilities

Measured against HUD's 2-bedroom fair market rent ($916), about 56% of rented homes in Altus cost less.

With a mortgage

$1,523 a month

Jackson County: $1,506 a month

Without a mortgage

$463 a month

Jackson County: $477 a month

Owners with a mortgage

54%

Jackson County: 50%

In Altus, 54% of owners have a mortgage; their typical cost is $1,523 a month, about the same as in Jackson County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Altus rose 42%; in Jackson County, it rose 49%.

The typical rent in Altus rose 15% since 2015–2019, about the same as in Jackson County (14%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureAltusJackson CountyOklahomaUnited States
Rental vacancy 6.9%6.3%6.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.2%0.9%
More than one person per room 1.9%1.7%2.9%3.4%
People per household 2.452.442.502.53
Drive alone 81%81%77%69%
Carpool 9%10%10%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike 3%2%2%3%
Work from home 5%5%9%15%
Other means 2%2%1%2%
Typical commute Unreliable estimate10 to 19 minutesUnreliable estimate20 to 29 minutes

Open rentals in Altus look like those in Jackson County: the rental vacancy rate is 6.9%.

In Altus, 1.9% of households live with more than one person per room, about the same as in Jackson County.

By size, households in Altus look like those in Jackson County: 2.45 people on average.

In Altus, 81% of workers drive alone to work; in Jackson County, 81%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Altus?

A typical home is within reach of the typical income

We start with a typical home in Altus, worth $152,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 26% of the typical household income in Altus, which is $55,295 a year.

The calculator's FHA and conventional loan limits are those of all of Jackson County.

Your numbers

Local data
$

Starts at the typical home value in Altus. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $5,327 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,220

at 7.18% · 30 years

Loan amount
$149,443
Total interest
$215,014
Paid off in
November 2056

Includes $2,570 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,290 a month

    Your payment · 26%

  • Tight

    $1,290 to $1,659 a month

  • Hard

    more than $1,659 a month

Compared with the typical household income in Altus ($55,295 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,220
Principal & interest$1,012
Property tax$77
Home insurance$63
FHA mortgage insurance (MIP)$67

You need at least $5,327 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Altus and Jackson County

Altus is in Jackson County, Oklahoma. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Altus's own numbers

Typical home value
$152,200
Typical monthly rent
$854
Typical yearly household income
$55,295
Households that own their home
54%
Effective property tax rate
0.61%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Jackson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$916
Price change over 5 years (FHFA)
+37%
Homes in a high flood-risk zone
1.7%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jackson County.

Everything about Jackson County

Buying

Buying a home in Altus

A typical home in Altus is worth $152,200: 4% below the county and 24% below Oklahoma. With the typical household income in Altus ($55,295 a year), a typical home costs 2.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Altus 2.8 years
  • Jackson 2.5 years
  • Oklahoma 3.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Jackson County

According to FHFA’s house price index, home prices in Jackson County rose 46% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Jackson County.

Period County Oklahoma U.S.
Last year (2025) −0.6% +2.6% +2.9%
5 years (2020–2025) +37% +46% +47%
10 years (2015–2025) +46% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Altus next to Jackson County, Oklahoma and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Altus $152,200
  • Jackson $158,400
  • Oklahoma $199,800
  • United States $332,700
Typical monthly rent
  • Altus $854
  • Jackson $842
  • Oklahoma $1,014
  • United States $1,413
Typical yearly household income
  • Altus $55,295
  • Jackson $62,799
  • Oklahoma $65,039
  • United States $80,734
See the full table
Altus next to Jackson County and Oklahoma
Measure Altus Jackson County Oklahoma U.S.
Typical home value $152,200 $158,400 $199,800 $332,700
Typical monthly rent $854 $842 $1,014 $1,413
Typical yearly household income $55,295 $62,799 $65,039 $80,734
Households that own their home 54% 59% 66% 65%
Typical yearly property tax $923 $941 $1,599 $3,119
Effective property tax rate 0.61% 0.59% 0.8% 0.94%
Renters with high rent for their income 39% 36% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jackson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Altus

For a typical $152,200 home in Altus, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Altus's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,220a month

    Least cash to close
    Down payment
    $5,327
    Cash to close
    $9,893
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $67

  • Conventional, 5% down $1,193a month

    Down payment
    $7,610
    Cash to close
    $12,176
    Rate
    7.18%
    Mortgage insurance
    PMI · $72

  • Conventional, 20% down, no PMI $966a month

    Down payment
    $30,440
    Cash to close
    $35,006
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,106a month

    Down payment
    $22,830
    Cash to close
    $27,396
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Altus and for Jackson County.

Property tax

Effective rate in Altus

0.61%of the home’s value each year

$923 a year for the typical owner in Altus.

  • Altus 0.61%
  • Jackson 0.59%
  • Oklahoma 0.8%

What Oklahoma publishes Homestead exemption of $1,000 of assessed value (Oklahoma Legislature (Oklahoma Statutes, Title 68))

Exemptions and deadlines in Oklahoma

Flood risk in Jackson County

FEMA does not publish these numbers by city: they are for all of Jackson County.

Homes in the high-risk zone
1.7%
185
Of those, with NFIP insurance
9.2%
County Oklahoma U.S.
Homes in the high-risk zone 1.7% 2.2% 3.5%
Of those, with NFIP insurance 9.2% 13% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Altus

Typical rent in Altus is $854 a month: about the same as the county. In Altus, 39% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Jackson County, by unit size. To pay the 2-bedroom one ($916 a month) without spending more than 30% of your income, you would need to earn $17.62 an hour working full time.

HUD fair market rent for all of Jackson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $696 $13.38 $27,840
1 bedroom $700 $13.46 $28,000
2 bedrooms $916 $17.62 $36,640
3 bedrooms $1,268 $24.38 $50,720
4 bedrooms $1,531 $29.44 $61,240

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Altus

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Altus has 2 ZIP codes with their own.

For 2 bedrooms it is $940 in all of them.

2 of the 2 are above the fair market rent for Jackson County ($916).

  • 73521 $940$1,300
  • 73523 $940$1,300

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Altus when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Altus

HUD lists 3 buildings with rents for lower incomes in Altus. These are the largest.

  • Lincoln Manor Apts 1205 Springfield Dr, Altus 73521 62 low-income homes · In service since 1993 · For families (580) 482-7593
  • Parkridge Estates Apartments 1220 Asalee St, Altus 73521 60 homes, 59 low-income · 1 bd: 60 · In service since 2018 · For families (580) 482-5245
  • The Towers Apartments 101 E Commerce St, Altus 73521 44 homes, 43 low-income · Studio: 18 · 1 bd: 26 · In service since 2018 · For older adults (580) 482-2650

See all 5 buildings in Jackson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Altus

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Jackson County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Altus

No down payment, repair or rent-help program on our list is for Altus or Jackson County. The ones below are statewide in Oklahoma: they work in Altus the same as in the rest of the state.

Which programs do I qualify for? All programs in Oklahoma

  • OHFA Homebuyer Down Payment Assistance

    Statewide in Oklahoma

    Oklahoma state agency help of 3.5% of the loan for the down payment and closing costs, as a second lien with no interest and no installments, repaid when you pay off the loan, refinance or leave the home. Offered by Oklahoma Housing Finance Agency (OHFA).

    Deferred

    See the program Official page

Housing counselors near Altus

The HUD-approved agencies closest to the center of Altus, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Action Agency of Oklahoma City and Oklahoma/Canadian Counties, Inc.

    319 SW 25th St, Oklahoma City · 115 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (405) 232-0199

  • Neighborhood Housing Services Oklahoma City

    4101 N Classen Blvd Ste A, Oklahoma City · 116 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (405) 231-4663

  • Chickasaw Nation Division of Housing

    111 Rosedale Rd, Ada · 150 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (580) 421-8817

All counseling agencies in Oklahoma

Help in Spanish near Altus

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Altus

HUD lists no housing authority with an office in Jackson County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Oklahoma Source: HUD

Cities

Nearby cities

The cities closest to Altus, with the typical home value.

Everything about Jackson County Housing in Oklahoma

Neighboring counties

If Jackson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Altus.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Altus

Short answers with the numbers for Altus and all of Jackson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Altus?

The typical home value in Altus is $152,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jackson County it is $158,400.

How much does it cost to rent in Altus?

Typical rent in Altus is $854 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jackson County is $916.

What is the FHA loan limit in Altus?

Altus uses the FHA limit for all of Jackson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Altus?

The typical homeowner in Altus pays $923 a year, according to the U.S. Census Bureau. That is 0.61% of the home’s value; in Jackson County, the rate is 0.59%.

Where can I find free help to buy or rent in Altus?

We found no HUD-approved counseling agencies with an office in Jackson County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).