Homes & Apartments for Rent in 79761

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What to Know About

Life in Odessa & Beyond

Odessa shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Odessa, TX

As of September 2026, Odessa's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Odessa's average rent is 14.4% ($206) lower than the Texas average of $1,433 and 32.1% ($581) lower than the U.S. average of $1,808.

Average Rent
$1,227
Monthly ChangeMonth Over Month Change
Decreased2.6% ($33)
Yearly ChangeYear Over Year Change
Decreased12.4% ($173)
Avg. Days on MarketAverage Days on Market
24
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,049 Decreased2.4% ($26) Decreased7.1% ($80)
2 Beds $1,377 Decreased1.9% ($27) Decreased12.5% ($197)
3 Beds $1,870 Increased8.3% ($144) Decreased4.3% ($84)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Odessa Rental Market FAQs

Explore rental prices, market trends, and availability in Odessa, TX.

The average rent in Odessa, TX is $1,227 per month.
Homes in Odessa typically rent for between $734 and $2,431 per month, with an average of $1,227 per month.
In Odessa, the average rent for a 1-bedroom home is $1,049 per month, for a 2-bedroom home, $1,377 per month, and a 3-bedroom home is $1,870 per month.
The average rent in Odessa is 32.1% ($581) lower than the national average of $1,808 per month.
The average rent in Odessa has decreased by 2.6% ($33) in the last month and decreased by 12.4% ($173) over the past year.
The rental market in Odessa, TX, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Odessa, TX, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 61 rental properties available in Odessa, TX.
Based on the current averages, a household would need an annual income of $55,080 to comfortably afford a 2-bedroom home in Odessa.
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