Median real estate price in the City Center of Altus is $35,931, which is less expensive than 99.1% of Oklahoma neighborhoods and 99.4% of all U.S. neighborhoods.
The average rental price in Altus City Center is currently $312, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 95.9% of Oklahoma neighborhoods.
Altus City Center is a suburban neighborhood (based on population density) located in Altus, Oklahoma.
Real estate in the City Center of Altus, OK is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Altus City Center. The current real estate vacancy rate here is 19.4%. This is higher than the rate of vacancies in 83.8% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.