Last updated
Average Rent in Odessa 79761 & Rent Trends
Rent prices and market trends across 5 apartment communities in Odessa 79761, Odessa, TX. Updated daily.
Market Average
$1,214/mo
Lowest Available
$976/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
27
available now
Odessa 79761 vs Odessa, TX Average
Odessa 79761 is cheaper than the Odessa, TX average by $71/mo (6%). The citywide average is $1,285/mo across all neighborhoods.
Is Rent Going Up or Down in Odessa 79761?
As of September 2026, the average rent in Odessa 79761 is $1,214 per month across 5 apartment communities and 27 available units.
The most affordable option is Arbor Terrace Townhomes starting at $976/mo. By unit type, a studio averages $1,384/mo, a 1-bedroom averages $1,090/mo, a 2-bedroom averages $1,118/mo, a 3-bedroom averages $1,340/mo.
Prices range from $976 to $1,661 per month. The most common price point is the $1,000 range, where 13 units are currently listed.
Odessa 79761 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| August 2026 | $1,209 | - | 5 |
| September 2026 | $1,204 | -$5 | 5 |
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 79761
Rent Prices by Apartment in Odessa 79761
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Arbor Terrace Townhomes | $976/mo | $1,203/mo | 17 | 4 |
| Fairgreen | $1,090/mo | $1,090/mo | 1 | 4.3 |
| Acacia Park | $1,090/mo | $1,130/mo | 3 | 4.4 |
| 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 79761
What is the average rent in Odessa 79761?
Is rent going up or down in Odessa 79761?
What is the cheapest apartment in Odessa 79761?
How much is a 1-bedroom apartment in Odessa 79761?
How many apartments are available in Odessa 79761?
What salary do I need to live comfortably in Odessa 79761?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$49,000/year
Based on the 30 percent rule, using our tracked average rent of $1,214/mo.
Comfortable income
$58,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($976/mo), you need to earn at least $39,000/year.
Median household income in Odessa 79761 is $73,030 , about 25% above the comfortable-living threshold.
Cost of living in Odessa 79761
Overall prices in Odessa 79761 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 79761's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,214 |
| Utilities | $359 |
| Groceries | $502 |
| Transportation | $856 |
| Healthcare | $418 |
| Other goods and services | $668 |
| Estimated total | $4,016/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 79761 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Odessa 79761 Apartments
Browse all 5 communities with daily-updated pricing and availability.