Last updated
Average Rent in Odessa, TX & Rent Trends
Rent prices and market trends across 10 apartment communities in Odessa, TX. Updated daily.
Market Average
$1,286/mo
Lowest Available
$848/mo
cheapest unit on market
Communities
10
tracked daily
Units Listed
106
available now
Price Cuts This Week in Odessa, TX
12 listed units across 5 buildings in Odessa, TX dropped their asking rent in the past 7 days, an average cut of $49/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Summertree Place | Unit 2 | $1,500 | $1,425 | $75 |
| Summertree Place | Unit 1 | $1,235 | $1,175 | $60 |
| Acacia Park | Unit 7 | $1,235 | $1,175 | $60 |
| Westwood Square Apartment Homes | Unit 51fecaf6-6cf1-4b95-ab09-29144826e5e3 | $1,047 | $988 | $59 |
| Westwood Square Apartment Homes | Unit 2d1db6bf-4099-4e15-8634-bd085d58fe2d | $988 | $932 | $56 |
| Westwood Square Apartment Homes | Unit 5188141d-e4c0-42c6-a959-2cc78a16e001 | $1,022 | $969 | $53 |
| Westwood Square Apartment Homes | Unit 5bf74470-c9ba-477f-80fd-a80bdb90e8d9 | $948 | $899 | $49 |
| Westwood Square Apartment Homes | Unit ce0bca6e-e8bd-4a08-8e9f-74e0e814695e | $1,061 | $1,018 | $43 |
Rent by Neighborhood in Odessa, TX
Compare average rent across Odessa, TX neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Odessa 79762 | $1,479 | ▲ $67 | $972 | 4 | 37 |
| Odessa 79761 | $1,193 | ▼ $14 | $844 | 6 | 68 |
Is Rent Going Up or Down in Odessa, TX?
As of September 2026, the average rent in Odessa, TX is $1,286 per month across 10 apartment communities and 106 available units.
The most affordable option is Westwood Square Apartment Homes starting at $848/mo. By unit type, a studio averages $1,384/mo, a 1-bedroom averages $1,133/mo, a 2-bedroom averages $1,264/mo, a 3-bedroom averages $1,746/mo.
Prices range from $848 to $2,630 per month. The most common price point is the $1,000 range, where 37 units are currently listed.
Odessa, TX Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,219 | - | 5 |
| July 2026 | $1,232 | +$13 | 10 |
| August 2026 | $1,263 | +$31 | 11 |
| September 2026 | $1,317 | +$54 | 10 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Odessa, TX
Rent Prices by Apartment in Odessa, TX
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Westwood Square Apartment Homes | $848/mo | $1,149/mo | 37 | 4.3 |
| Brookview Apartment Homes | $972/mo | $1,223/mo | 19 | 4 |
| Arbor Terrace Townhomes | $976/mo | $1,203/mo | 17 | 4 |
| Acacia Park | $1,075/mo | $1,183/mo | 7 | 4.4 |
| Fairgreen | $1,090/mo | $1,090/mo | 1 | 4.3 |
| Southgate Apartment Homes | $1,100/mo | $1,155/mo | 2 | 4.5 |
| Village Place | $1,107/mo | $1,384/mo | 4 | 3.8 |
Frequently Asked Questions About Rent in Odessa, TX
What is the average rent in Odessa, TX?
Is rent going up or down in Odessa, TX?
What is the cheapest apartment in Odessa, TX?
How much is a 1-bedroom apartment in Odessa, TX?
How many apartments are available in Odessa, TX?
What salary do I need to live comfortably in Odessa, TX?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$51,000/year
Based on the 30 percent rule, using our tracked average rent of $1,286/mo.
Comfortable income
$62,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($848/mo), you need to earn at least $34,000/year.
Median household income in Odessa, TX is $73,030 , about 18% above the comfortable-living threshold.
Cost of living in Odessa, TX
Overall prices in Odessa, TX runs below the national average by about 7% (BEA Regional Price Parity index 92.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Odessa, TX's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,286 |
| Utilities | $359 |
| Groceries | $502 |
| Transportation | $856 |
| Healthcare | $418 |
| Other goods and services | $668 |
| Estimated total | $4,088/mo |
Population
114,080
Median household income
$73,030
Census median rent
$1,322/mo
Census rent burden
31.6%
Median age
31.0
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Odessa, TX Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Odessa, TX Apartments
Browse all 10 communities with daily-updated pricing and availability.