Cute c.1965 Two Bedroom Affordable Oklahoma Home Under $50K

1424 N Lee St, Altus, OK 73521    $49,900

• Contact Realtor: Gregg Buck
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Pros of Living in Altus, OK

1. Very Affordable Cost of Living

Altus has a significantly lower cost of living than the national average. Housing costs, in particular, are about 26–45% below average, with median home values under $100,000 and rents around $700–$800/month, making it attractive for buyers and renters alike.

2. Strong Sense of Community

Altus is known for its friendly, close-knit community and hometown feel, where neighbors often know each other and civic pride is strong.

3. Employment Anchored by Altus Air Force Base

The Altus Air Force Base is a major local employer and community hub, bringing stability and diverse work options in military, defense, and related sectors.

4. Outdoor Recreation & Regional Access

The region offers access to outdoor recreation like Quartz Mountain State Park (hiking, fishing, boating), local festivals, and scenic landscape typical of southwestern Oklahoma.

5. Suburban / Small-City Feel

With around ~19,000 residents, Altus gives a less crowded alternative to big cities — good for families or people who like slower pace, open space, and lower stress traffic.

Cons of Living in Altus, OK

1. Small Size & Limited Population Growth

Altus is quite small and has seen slight population decline, which can limit cultural opportunities, business growth, and economic vibrancy over time.

2. Amenities & Entertainment Are Limited

As a smaller city, entertainment, shopping, dining variety, and cultural events are fewer than in larger metro areas — so many residents travel to bigger cities for more options.

3. Job Market Narrower Outside Key Sectors

While the AFB and government/healthcare provide jobs, the broader job market is narrower than in bigger areas, with fewer highly specialized or high-salary roles.

4. Education & Schools Ratings Can Be Mixed

Some livability data suggests lower scores in education outcomes and school performance, which may concern families prioritizing top-tier schools.

5. Car Dependence & Public Transit

Public transportation is very limited; most errands and commutes require a personal vehicle.

6. Crime Varies by Source & Neighborhood

Crime statistics can be mixed depending on the measure — some estimates show lower rates than U.S. averages, while others suggest crime varies significantly by neighborhood.