Rental market snapshot for Odessa, Texas

Odessa, Texas Rental Property Market Overview

The average rent for an apartment in Odessa is $1,154. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 3.2% over the past year.

Odessa is a city in and the county seat of Ector County, Texas, United States. It is located primarily in Ector County, although a small portion of the city extends into Midland County. Odessa is the principal city of the Odessa Metropolitan Statistical Area, which includes all of Ector County. The population was 118,918 at the 2010 census. It is the largest city between Midland to the west, Abilene to the east, Lubbock to the north, and San Angelo to the south. Odessa is the home of the University of Texas of the Permian Basin, Odessa College and Midland College. The city of Odessa was founded in 1881 as a water stop and cattle shipping point on the Texas and Pacific Railway. The first post office opened in 1885. The city was incorporated in 1927, after oil was discovered in Ector County. It has since become the economic and cultural center of the region.

Last Updated December 23, 2022

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Average monthly rent graph in Odessa Texas | Cost of Living

  • The most expensive ZIP Code in Odessa is 79765 with an average price of $1,525
  • The cheapest ZIP Code in Odessa is 79761 with an average price of $860

Odessa ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
179765$1,525
279762$1,180
379761$1,070

Live near Odessa, Texas's Top Sights and Attractions

The Stonehenge Replica is a full-sized replica of the original Stonehenge located in England. The replica was built in 2008 and is made of concrete. It is located in a park and is open to the public.

Sherwood Park is a large city park with a playground, picnic tables, a walking trail, and a pond.

Woodson Park is a large park with a playground, a pond, and a walking trail. The park is located in the center of the city and is surrounded by residential neighborhoods.

Utpb Park is a large park with a playground, a pond, and a walking trail. The park is located in the center of Odessa, Texas.

Royalty Park is a beautiful park located in the heart of Odessa. The park features a large pond, walking trails, and a variety of trees and flowers. The park is a popular spot for picnics, fishing, and relaxing.

Memorial Gardens Park is a beautiful park located in the heart of Odessa. The park features a variety of gardens, a pond, and a walking trail. The gardens include a rose garden, a butterfly garden, and a Japanese garden. The pond is home to a variety of fish, including koi. The walking trail winds through the park and is a great place to take a leisurely stroll.

Comanche Trail West Park is a large city park with multiple playgrounds, a splash pad, a large pond with a walking trail, and plenty of open space to run around.

Optimist Park is a public park that features a playground, a pavilion, a walking trail, and a pond. The park is located on the west side of Odessa, Texas.

Odessa, Texas area median rent change by ZIP Code map

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How does Odessa compare to other cities in Texas ?

citymedian price
Bryan$1,350
Pasadena$1,128
Pharr$1,000
Fate$2,170
Bacliff$1,915
Baytown$1,700
Kaufman$1,330
Cedar Park$1,643

Average household income in Odessa area graph - US Census

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The median household income in Odessa in 2021 was $63,829. This represents a 25.6% change from 2011 when the median was $50,813.

#categorypercent
0Less than $10,0006.8%
1$10,000 to $14,9992.6%
2$15,000 to $19,9993.2%
3$20,000 to $24,9994.5%
4$25,000 to $29,9994.3%
5$30,000 to $34,9995.0%
6$35,000 to $39,9995.5%
7$40,000 to $44,9994.1%
8$45,000 to $49,9993.0%
9$50,000 to $59,9998.0%
10$60,000 to $74,99910.7%
11$75,000 to $99,99912.7%
12$100,000 to $124,99911.0%
13$125,000 to $149,9996.2%
14$150,000 to $199,9997.5%
15$200,000 or more5.0%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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