LeaseLantern

Affordable & Income-Based Housing in Altus

Altus has 3 income-based rental properties with a combined 166 units, giving renters a small but present set of affordable options in this southwest Oklahoma city. Inspection results are mixed -- one property rates excellent, one good, and one poor -- so comparing individual properties is worthwhile. None of the 3 mapped properties carry a high flood-risk designation.

3
Properties
166
Total units
72/100
Avg HUD score

At a glance

🏠 Affordability
$854/mo

Affordability in Altus, OK

The median gross rent in Altus is $854 per month, against a median household income of $55,295 per year, and about 46% of residents rent their homes, according to Census ACS 5-Year data (2024). Altus has 3 HUD-assisted or income-restricted properties totaling 166 units, offering below-market options for income-qualifying renters in the area.

Census ACS 5-Year
🛡️ Safety
295 / 100k · 2024

Safety

According to the Altus Police Department's data reported to the FBI Crime Data Explorer, Altus had a violent crime rate of 295 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting methods and local definitions.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 37 · Car-Dependent

Getting Around Altus

According to Walk Score, the area around assisted properties in Altus has a Walk Score of 37 ("Car-Dependent") and a Bike Score of 38. No Transit Score is available for this area. Residents should plan on having access to a vehicle for most daily errands.

Walk Score
🎓 Schools
10 schools · 2 districts

Schools

According to NCES Common Core of Data, 10 schools across 2 districts serve Altus, including 5 elementary, 3 middle, and 2 high schools. Ratings and programs vary by school and district, so renters should check the assigned schools for a specific address before making a decision.

NCES Common Core of Data
📊 Cost of living
$55,295 median income

Cost of Living in Altus

The median household income in Altus is $55,295 per year, according to Census ACS 5-Year estimates. The median gross rent is $854 per month, also per Census ACS 5-Year data.

Affordable and income-based housing in Altus can help renters whose housing costs would otherwise exceed a manageable share of their income. Lease Lantern currently tracks 3 HUD-assisted or income-restricted properties with 166 total units in the city.

Census ACS 5-Year
🌊 Environment & risk

Environment

All 3 HUD-assisted properties in Altus have been mapped for flood risk, and none fall in a high-risk flood zone, according to flood mapping data.

FEMA · EPA AirNow
HUD Inspection Scoresavg 72/100(3 of 3 scored)
90+ (1)70–89 (1)<60 (1)

3 properties on the map

Top-rated properties

Browse all 3 affordable apartments in Altus

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About Renting in Altus

Altus is a small southwestern Oklahoma city where nearly half of households rent, according to Census ACS 5-Year data. With a median market rent of $854 per month and a median household income of $55,295 (Census ACS 5-Year), it remains one of the more affordable rental markets in the state.

Lease Lantern currently tracks 3 HUD-assisted properties totaling 166 units in Altus. None of the mapped properties fall in a high-risk flood zone, based on available flood data.

The violent crime rate in Altus was 295 per 100,000 residents in 2024, according to the FBI Crime Data Explorer and the Altus Police Department. Getting around generally requires a car, with a Walk Score of 37 (Car-Dependent) according to Walk Score.

A full in-depth renter's guide to Altus is.

Eligibility & how to apply

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Research: what 22,600 HUD inspection scores reveal →