Rentometer, Inc. | Data as of 10/23/2025
Odessa, TX offers a vibrant metro‑area rental market that blends the energy of a growing oil‑focused economy with the comfort of a tight‑knit community. Prospective renters benefit from a broad spectrum of housing choices, from modern studio apartments to spacious single‑family homes. The city’s strategic location along the I‑20 corridor, coupled with easy access to major employers and educational institutions, makes it an attractive destination for professionals, students, and families alike.
Apartment living in Odessa is notably affordable, with studio and one‑bedroom units typically ranging in the $1,100‑$1,200 bracket, while two‑bedroom options often fall between $1,300 and $1,500. Larger three‑ and four‑plus bedroom apartments tend to occupy the $1,600‑$1,800 range, providing ample space for growing households. Home seekers can find one‑bedroom houses around the $1,000‑$1,100 level, while two‑bedroom homes comfortably sit in the $1,400‑$1,500 range. Larger family homes—including three‑ and four‑plus bedroom properties—generally command rents in the $2,300‑$2,900 spectrum, reflecting the spacious layouts and private yards that many residents value. Popular neighborhoods such as North Odessa, the West Texas A&M vicinity, and the historic Downtown district each offer distinct vibes, from quiet suburban streets to lively walkable corridors near the Ellen Noël Art Museum and the Permian Basin Petroleum Museum.
Whether you’re drawn to the convenience of apartment living near downtown entertainment or the tranquility of a house in a family‑friendly subdivision, Odessa’s rental market provides options that suit diverse lifestyles and budgets. The city’s blend of cultural attractions, outdoor recreation, and strong job growth continues to drive demand for quality rentals, making Odessa, TX rentals a smart choice for both tenants and investors seeking long‑term stability.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,185 | $1,184 | $775 - $1,638 | $1,120 - $1,211 |
| Apartment | 1 Bedroom | $1,187 | $1,160 | $700 - $1,824 | $1,060 - $1,361 |
| Apartment | 2 Bedroom | $1,406 | $1,375 | $925 - $2,000 | $1,229 - $1,575 |
| Apartment | 3 Bedroom | $1,798 | $1,685 | $1,073 - $2,660 | $1,489 - $2,295 |
| Apartment | 4+ Bedroom | $1,696 | $1,800 | $1,490 - $1,800 | $1,490 - $1,800 |
| House | 1 Bedroom | $1,037 | $1,025 | $900 - $1,200 | $950 - $1,200 |
| House | 2 Bedroom | $1,481 | $1,450 | $800 - $2,500 | $1,200 - $1,800 |
| House | 3 Bedroom | $2,307 | $2,350 | $1,200 - $5,000 | $2,000 - $2,500 |
| House | 4+ Bedroom | $2,870 | $2,800 | $1,750 - $9,000 | $2,500 - $3,100 |
In the current period, the average rent in Odessa, TX was $1,255 for Studio, $1,179 for 1 Bedroom, $1,426 for 2 Bedroom, $2,245 for 3 Bedroom, and $2,739 for 4+ Bedroom.
Data provided by Rentometer, Inc.