Altus, OK

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Altus short-term rental market based on reliable data.

Listings

25 / 67

Reliable / Active

Cap Rate

25%

Middle-Earners Gross Yield

Revenue

$27,243

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$107,096

Median Home Sale Price

Top Earners

$44,213

Top-Earners Revenue

Altus

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Altus.

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B

Generally Investor friendly

Altus Regulations

Altus permits STRs, but operators must obtain a county license, verify zoning (Bed & Breakfast vs Commercial Lodging) and meet safety/tax requirements. Compliance requires moderate steps—admin review, possible conditional-use hearings, inspections, and state sales tax registration—yet caps and enforcement are lenient, keeping the burden manageable.

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About Altus

Altus is a small city in southwestern Oklahoma, serving as the county seat of Jackson County. With a population of roughly 18,000 to 19,000 residents, it carries the steady, unpretentious character of a Great Plains community whose rhythms are shaped by agriculture, military service, and wide-open skies. Cotton has long been a defining crop of the surrounding farmland, and the presence of Altus Air Force Base, a major training installation for aircrews, gives the town a distinct military flavor alongside its agricultural roots. The city sits approximately 150 miles southwest of Oklahoma City and about 60 miles west of Lawton, placing it within easy striking distance of some of the most varied scenery in the state.

Just northwest of town, Quartz Mountain State Park anchors the region's outdoor recreation scene. Roughly a 25-minute drive from downtown Altus, the park wraps around Lake Altus-Lugert and the distinctive pink-hued Wichita granite outcroppings of the Quartz Mountains. Visitors come for the lake's fishing and swimming, the hiking trails that wind through the rocky terrain, and the seasonal performances at the nearby Quartz Mountain Resort and conference complex. The park is a natural year-round draw for travelers passing through southwestern Oklahoma.

For those interested in local heritage, the Museum of the Western Prairie offers a grounded look at the people and landscapes that shaped Jackson County. Operated by the Oklahoma Historical Society, the museum sits within Altus itself and covers the transition from Native American culture to frontier settlement and 20th-century ranch life, with artifacts and exhibits that appeal to history-minded guests without requiring a long drive.

A bit farther afield, the Wichita Mountains National Wildlife Refuge lies roughly 70 miles to the southeast, near Lawton and Cache. The drive takes about an hour and a half, but the destination rewards visitors with one of the oldest managed ranges in the country, free-roaming herds of bison and elk, prairie dog towns, and granite peaks that rise dramatically from the surrounding plains. It is widely considered one of Oklahoma's premier natural attractions and pairs well with a stay in Altus.

Altus works as a short-term rental base because it offers something rare: a quiet, affordable small-town setting within easy reach of genuinely distinctive natural landmarks. Guests can spend the day at Quartz Mountain's lake or make the longer run to the Wichita Mountains and return to a calm, friendly community with a strong local identity, a notable military presence, and a clear sense of place that larger, more generic destinations often lack.

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