Rentometer, Inc. | Data as of 10/23/2025
Odessa’s rental market offers a diverse mix of apartments and single‑family homes, catering to students, professionals, and growing families alike. Studio and one‑bedroom apartments typically fall in the $1200‑$1300 range, while larger two‑ and three‑bedroom units often command rents in the $1500‑$1700 bracket. Upscaled four‑plus bedroom apartments and townhomes can approach the $1800 range, providing ample space for roommates or small households seeking modern amenities.
For those preferring a house, the city’s inventory spans budget‑friendly one‑bedroom options around the $1000 mark up to spacious three‑bedroom homes averaging in the $2400‑$2500 range. Larger four‑plus bedroom houses, popular among larger families, generally rent in the $2800‑$3000 bracket. These detached homes are frequently situated in established neighborhoods such as the historic Hillside, the family‑oriented West Odessa area, and the newer developments near the Permian Basin campus, offering quiet streets, mature landscaping, and easy access to schools and parks.
Beyond the numbers, Odessa boasts convenient proximity to cultural and recreational attractions—including the Ector County Coliseum, the historic downtown art district, and the nearby Midland‑Odessa International Airport. The city’s strong energy‑industry presence, combined with a growing arts scene and reputable educational institutions, creates a vibrant rental environment where both apartments and houses meet a wide array of lifestyle needs. Whether you’re drawn by the bustling downtown vibe or the tranquil suburban feel, Odessa’s rental landscape provides flexible options that align with the region’s dynamic growth.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,207 | $1,211 | $775 - $1,638 | $1,120 - $1,275 |
| Apartment | 1 Bedroom | $1,250 | $1,212 | $700 - $1,824 | $1,085 - $1,454 |
| Apartment | 2 Bedroom | $1,481 | $1,450 | $925 - $2,175 | $1,280 - $1,705 |
| Apartment | 3 Bedroom | $1,725 | $1,650 | $1,026 - $2,660 | $1,336 - $2,200 |
| Apartment | 4+ Bedroom | $1,696 | $1,800 | $1,490 - $1,800 | $1,490 - $1,800 |
| House | 1 Bedroom | $1,016 | $950 | $900 - $1,200 | $900 - $1,200 |
| House | 2 Bedroom | $1,534 | $1,450 | $880 - $2,500 | $1,300 - $1,900 |
| House | 3 Bedroom | $2,380 | $2,400 | $1,350 - $5,000 | $2,100 - $2,680 |
| House | 4+ Bedroom | $2,973 | $2,850 | $1,750 - $9,000 | $2,500 - $3,200 |
In the current period, the average rent in Odessa was $1,257 for Studio, $1,242 for 1 Bedroom, $1,490 for 2 Bedroom, $2,301 for 3 Bedroom, and $2,854 for 4+ Bedroom.
Data provided by Rentometer, Inc.