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Average Rent in Odessa, TX & Rent Trends

Rent prices and market trends across 8 apartment communities in Odessa, TX. Updated daily.

Market Average

$1,280/mo

▲ +10.5% from last month

Lowest Available

$976/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

64

available now

Price Cuts This Week in Odessa, TX

13 listed units across 5 buildings offering 2 bed units in Odessa, TX dropped their asking rent in the past 7 days, an average cut of $67/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Andalucia Villas Unit 26 $2,620 $2,095 $525
Summertree Place Unit 1 $1,275 $1,195 $80
Acacia Park Unit 7 $1,275 $1,195 $80
Andalucia Villas Unit 14 $1,765 $1,730 $35
Andalucia Villas Unit 8, F3132082 $1,575 $1,555 $20
Southgate Apartment Homes Unit 79130da3-d4ea-4daf-b431-b4a4d1f1c832 $1,149 $1,130 $19
Southgate Apartment Homes Unit b0638137-ea93-4829-8214-4700a1c6f29c $1,264 $1,245 $19
Westwood Square Apartment Homes Unit 79130da3-d4ea-4daf-b431-b4a4d1f1c832 $1,149 $1,130 $19
See today's prices on all 64 listed units

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 $1,677 ▲  $144 $1,124 4 42
Odessa 79761 $1,216 ▼  $37 $976 5 33
Odessa 79764 $1,145 ▲  $344 $860 1 50

Is Rent Going Up or Down in Odessa, TX?

As of August 2026, the average rent in Odessa, TX is $1,280 per month across 8 apartment communities and 64 available units. Rents have increased $127 (10.5%) over the past month.

The most affordable option is Arbor Terrace Townhomes starting at $976/mo. By unit type, a 2-bedroom averages $1,280/mo.

Prices range from $976 to $2,200 per month. The most common price point is the $1,200 range, where 25 units are currently listed.

Odessa, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,214 - 7
August 2026 $1,277 +$63 8

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.

Rent Price Distribution

Rent by Bedroom Type in Odessa, TX

2 Bed
$1,280
from $976 · 64 units

Rent Prices by Apartment in Odessa, TX

Property Starting at Average Units Rating
Arbor Terrace Townhomes $976/mo $1,113/mo 11 4
Acacia Park $1,090/mo $1,215/mo 4 4.4
Westwood Square Apartment Homes $1,091/mo $1,252/mo 30 4.3
Southgate Apartment Homes $1,130/mo $1,181/mo 4 4.5
Summertree Place $1,195/mo $1,348/mo 2 4.2
Brookview Apartment Homes $1,214/mo $1,287/mo 7 4
Golden Crest $1,275/mo $1,275/mo 1 4.5

Frequently Asked Questions About Rent in Odessa, TX

What is the average rent in Odessa, TX?

The average rent in Odessa, TX is $1,280 per month as of August 2026, based on 64 units across 8 apartment communities.

Is rent going up or down in Odessa, TX?

Rent in Odessa, TX has increased $127 (10.5%) over the past month. The current average is $1,280/mo.

What is the cheapest apartment in Odessa, TX?

The most affordable apartment in Odessa, TX is Arbor Terrace Townhomes with units starting at $976/mo.

How many apartments are available in Odessa, TX?

There are 64 units available across 8 apartment communities 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 $1,280/mo.

Comfortable income

$61,000/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.

Cost of living in Odessa, TX

We only have live rent data for Odessa, TX so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,280
Estimated total $1,280/mo

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 are refreshed annually.

Explore Odessa, TX Apartments

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