Last updated on September 18, 2026

Average rent in
University of Texas of the Permian Basin, TX

Median rent

Median rent in Odessa

$1,600/mo

increased by24%

vs previous year

The average rent in Odessa is $1,600 per month as of September 2026. This is 16% below the national average rent, or $300 less per month.

$1.18

average price per square foot

Total rentals

Available rentals in Odessa

154

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Odessa rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in University of Texas of the Permian Basin, TX

Average rent prices in Odessa have increased by 24% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in University of Texas of the Permian Basin, TX

Rent prices in Odessa vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Odessa is $1,350, whereas a house costs $2,399. 1-bedroom apartments in Odessa run $1,075 on average, while 2-bedroom apartments are $1,425.

Listings

Studio

$700

-

-

1 bedroom

$1,087

-

1%

2 bedroom

$1,437

-

3%

3 bedroom

$2,225

-

27%

4 bedroom

$2,825

-

-

Studio

Average rent

$700

1 bedroom

Average rent

$1,087

Last year

1%

2 bedroom

Average rent

$1,437

Last year

3%

3 bedroom

Average rent

$2,225

Last year

27%

4 bedroom

Average rent

$2,825

The table above reflects average rent prices in University of Texas of the Permian Basin, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in University of Texas of the Permian Basin, TX

4001 Penbrook St #318 - Photo 1 of 1

5d+ ago

House for rent in Odessa

Commercial Sale, Odessa, TX

4001 Penbrook St #318, Odessa, TX 79762

Studio

0 baths

$400

4001 Penbrook St #311 - Photo 1 of 1

5d+ ago

House for rent in Odessa

Commercial Sale, Odessa, TX

4001 Penbrook St #311, Odessa, TX 79762

Studio

0 baths

$500

4001 Penbrook St #307A - Photo 1 of 1

5d+ ago

House for rent in Odessa

Commercial Sale, Odessa, TX

4001 Penbrook St #307A, Odessa, TX 79762

Studio

0 baths

$500

4001 Penbrook St #307 - Photo 1 of 1

5d+ ago

House for rent in Odessa

Commercial Sale, Odessa, TX

4001 Penbrook St #307, Odessa, TX 79762

Studio

0 baths

$500

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for University of Texas of the Permian Basin, TX

Quick answers to common questions about the Odessa rental market.

How much is rent in Odessa?

The average rent in Odessa is $1,600 per month as of September 12, 2026.

Is rent up or down in Odessa?

Average rent prices in Odessa have increased by 24% since last year.

How does Odessa rent compare to the national average?

Rent in Odessa is 16% below the national average, which means renters are paying approximately $300 less per month.

What salary do I need to afford rent in Odessa?

To comfortably afford rent in Odessa, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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