Last updated on November 2, 2026

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

Median rent

Median rent in Odessa

$1,695/mo

increased by32%

vs previous year

The average rent in Odessa is $1,695 per month as of October 2026. This is 11% below the national average rent, or $205 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Odessa

146

for rent on Zumper.com as of October 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 32% 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 $2,400. 1-bedroom apartments in Odessa run $1,095 on average, while 2-bedroom apartments are $1,425.

Listings

Studio

$3,100

-

226%

1 bedroom

$1,120

-

No Change

2 bedroom

$1,426

-

2%

3 bedroom

$2,200

-

28%

4 bedroom

$2,800

-

-

Studio

Average rent

$3,100

Last year

226%

1 bedroom

Average rent

$1,120

Last year

No Change

2 bedroom

Average rent

$1,426

Last year

2%

3 bedroom

Average rent

$2,200

Last year

28%

4 bedroom

Average rent

$2,800

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

Brady Station Apartments - Photo 1 of 1

2d ago

8.8

Very good

Brady Station Apartments

4401 E 52nd St, Odessa, TX 79762

1–2 beds

1–2 baths

$895–$2,066

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
East 12th Townhomes and Apts - Photo 1 of 1

4d ago

8.8

Very good

East 12th Townhomes and Apts

1120 N Jackson Ave, Odessa, TX 79761

1–2 beds

1 bath

$900–$1,350

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Olivo Square Apartments - Photo 1 of 1
Rent special

3d ago

9.6

Excellent

Our team has verified this company

Verified

Olivo Square Apartments

4600 Oakwood Dr, Odessa, TX 79761

1–3 beds

1–2 baths

$957–$3,932

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.

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Brookview Apartments - Photo 1 of 1

3d ago

8.8

Very good

Brookview Apartments

3843 Penbrook St, Odessa, TX 79762

2–3 beds

1–2 baths

$989–$1,802

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $1,695 per month as of October 31, 2026.

Is rent up or down in Odessa?

Average rent prices in Odessa have increased by 32% since last year.

How does Odessa rent compare to the national average?

Rent in Odessa is 11% below the national average, which means renters are paying approximately $205 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 $68,000/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).

Residence at Midland