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Rental Market Trends in Altus, OK

What is the average rent in Altus, OK?

$623/month

Average Rent

633 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of May 2025, the average rent in Altus, OK is $623 per month. This is 62% lower than the national average rent of $1,625/month, making renting in Altus more affordable than most cities in the US. When you rent an apartment in Altus, you can expect to pay about $535 per month for a studio, $623 for a one-bedroom apartment, and around $679 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $783 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$535/month
308 Sq Ft
One Bedroom
$623/month
633 Sq Ft
Two Bedroom
$679/month
928 Sq Ft
Three Bedroom
$783/month
1,183 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Altus, OK?

In the past year, rent has increased by 0.2%, which averages out to $2 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Altus, OK
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Altus, OK
Percentage*
Rent Range
75% Below $700/month
25% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Altus, OK?

Because the average rent in Altus is $623, you’ll want to make about $2,076 per month or $24,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Altus, OK

16 Available Apartments for Rent

Search for Nearby Apartments

How does Altus, OK compare to other nearby cities and neighborhoods?

Use the tool below to compare Altus, OK to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Altus we think you'll love

Apple Creek Apartments

Apple Creek Apartments

1501 S Park Ln,
Altus, OK 73521

1-2 Beds | $525 - $775

Briarwood Apartments

Briarwood Apartments

201 N Veterans Dr,
Altus, OK 73521

1-3 Beds | $590 - $785

720 Judy Ave

720 Judy Ave

720 Judy Ave,
Altus, OK 73521

3 Beds | $850

912 Sheryl Ln

912 Sheryl Ln

912 Sheryl Ln,
Altus, OK 73521

4 Beds | $2,200

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United States Oklahoma Altus Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity