Apartments for Rent in Odessa, TX

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What to Know About

Life in Odessa & Beyond

Odessa shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Odessa, TX

As of May 2025, Odessa's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Odessa's average rent is 6.7% ($99) lower than the Texas average of $1,484 and 22.8% ($408) lower than the U.S. average of $1,793.

Average Rent
$1,385
Monthly ChangeMonth Over Month Change
Decreased2.9% ($41)
Yearly ChangeYear Over Year Change
Decreased15.7% ($257)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,144 Increased7.3% ($78) Increased10.3% ($107)
2 Beds $1,426 Decreased9.9% ($156) Increased11.4% ($146)
3 Beds $1,920 Decreased6.9% ($142) Decreased3.6% ($72)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Odessa Rental Market FAQs

Explore rental prices, market trends, and availability in Odessa, TX.

The average rent in Odessa, TX is $1,385 per month.
Apartments in Odessa typically rent for between $801 and $2,496 per month, with an average of $1,385 per month.
In Odessa, the average rent for a 1-bedroom apartment is $1,144 per month, for a 2-bedroom apartment, $1,426 per month, and a 3-bedroom apartment is $1,920 per month.
The average rent in Odessa is 22.8% ($408) lower than the national average of $1,793 per month.
The average rent in Odessa has decreased by 2.9% ($41) in the last month and decreased by 15.7% ($257) over the past year.
The rental market in Odessa, TX, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Odessa, TX, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 64 rental properties available in Odessa, TX.
Based on the current averages, a household would need an annual income of $57,040 to comfortably afford a 2-bedroom apartment in Odessa.
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