Average Rent in Odessa, TX and Rent Price Trends

Rent price trends in
Odessa, TX

Rent price trends

Rent prices for all bedroom counts and property types in Odessa, TX have increased by 6% in the last month and have increased by 15% in the last year.

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

Rent comparables in
Odessa, TX
The monthly rent for an apartment in Odessa, TX is $1,336. A 1-bedroom apartment in Odessa, TX costs about $1,059 on average, while a 2-bedroom apartment is $1,395. Houses for rent in Odessa, TX are more expensive, with an average monthly cost of $2,200.


1 bedroom	$1,075	No Change	7%
2 bedroom	$1,437	No Change	2%
3 bedroom	$2,196	1%	No Change
4 bedroom	$2,725	17%	3%
Studio	$400	53%	35%


Apartments	$1,336	6%	No Change
Condos	$1,900	1%	29%
Houses	$2,200	14%	No Change

Studio

Average rent

$400

Last 30 days

53%

Last year

35%

1 bedroom

Average rent

$1,075

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,437

Last 30 days

No Change

Last year

3 bedroom

Average rent

$2,196

Last 30 days

Last year

No Change

4 bedroom

Average rent

$2,725

Last 30 days

17%

Last year

The table above reflects average rent prices in Odessa, 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.

Compare rent prices in Odessa, TX to other cities

Median rent prices in Odessa, TX for all bedroom counts and property types compared to Andrews, TX.

Odessa

Median rent price$1,800

lower than the national median

Median rent price$1,115

41%

lower than the national median

Takeaway

The median rent for all rentals in Odessa, TX is 61% higher than the median rent in Andrews, TX.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Andrews

$1,115

17%

Last year

Big Spring

$1,275

Last year

Brownfield

$1,100

39%

Last year

Fort Stockton

$1,250

63%

Last year

Gardendale

$2,300

22%

Last year

Hobbs

$1,375

Last year

Lovington

$1,325

53%

Last year

Lubbock

$1,294

Last year

Midland

$2,300

15%

Last year

Roswell

$1,235

Last year

San Angelo

$1,409

Last year

Snyder

$750

30%

Last year

Cost of living in
Odessa, TX

The overall cost of living in Odessa, TX is 7% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.