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odessa
Last updated September 23 2020 at 1:45 AM

129 Apartments for rent in Odessa, TX

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Check out 129 verified apartments for rent in Odessa, TX with rents starting as low as $550. Some apartments for rent in Odessa might offer rent specials. Look out for the
$
rent special icon!
$
Verified
48 Units Available
Sedona Ranch Apartments
8001 Brownstone Rd
Odessa, TX
1 Bedroom
$957
751 sqft
2 Bedrooms
$1,495
1155 sqft
Last updated September 23 at 01:38 AM
Stylish one- and two-bedroom apartments with gourmet kitchens, full appliance package, natural lighting and faux-wood flooring. Community has a swimming pool, outdoor fireplace, large fitness center and poolside seating.
$
Verified
31 Units Available
Dorado Ranch
3601 Faudree Rd
Odessa, TX
1 Bedroom
$905
708 sqft
2 Bedrooms
$1,028
1047 sqft
Last updated September 23 at 01:38 AM
Dorado Ranch offers 1 & 2 bedroom apartment homes with upgraded cherry wood cabinets, marble-style countertops, modern floor decor, chrome lighting, and hardware.
Verified
14 Units Available
The Paddocks
2100 E 10th St
Odessa, TX
1 Bedroom
$1,040
619 sqft
2 Bedrooms
Ask
Last updated September 23 at 01:13 AM
Welcome to The Paddocks Apartments! You work hard. You should live easy.
$
Verified
4 Units Available
Alturas Eleventh
2828 E 11th St
Odessa, TX
1 Bedroom
$595
483 sqft
2 Bedrooms
$710
552 sqft
Last updated September 23 at 12:53 AM
Now offering in-person, virtual & self-guided tours by appointment! To help stop the spread of COVID-19, face masks are required.
$
Verified
4 Units Available
Alturas Penbrook
3965 Penbrook St
Odessa, TX
1 Bedroom
$620
483 sqft
2 Bedrooms
$750
552 sqft
Last updated September 23 at 12:46 AM
Now offering in-person, virtual & self-guided tours by appointment! To help stop the spread of COVID-19, face masks are required.
Verified
48 Units Available
Sunset Lodge
7701 E Highway 191
Odessa, TX
1 Bedroom
$1,067
794 sqft
2 Bedrooms
$1,315
1053 sqft
Last updated September 23 at 12:28 AM
Inside our gated Odessa apartment community, youll find a bright, open clubhouse equipped with a modern business center and coffee bar, as well as a state-of-the-art 24-hour fitness center.
$
Verified
19 Units Available
Advenir at Legado Ranch
4001 De Morada Dr
Odessa, TX
Studio
$799
587 sqft
1 Bedroom
$1,169
811 sqft
2 Bedrooms
$1,299
1171 sqft
Last updated September 23 at 12:25 AM
Close access to I-20 and TX-191 Frontage. Studios and one- and two-bedroom apartments with walk-in closets and granite counters. Site amenities feature a putting green, dog park, gym, clubhouse, and pool.
$
Verified
9 Units Available
Latitude 31
6900 Cross B Road
Odessa, TX
1 Bedroom
$1,192
834 sqft
2 Bedrooms
$1,375
1048 sqft
3 Bedrooms
$1,945
1393 sqft
Last updated September 22 at 09:42 PM
From the minute you drive up to Latitude 31° Apartment Homes in Odessa, TX, you’ll love the modern exterior, picturesque fountains and welcoming environment of this newly-built West Texas community.
$
Verified
32 Units Available
Andalucia Villas
5075 E 52nd St
Odessa, TX
1 Bedroom
$925
749 sqft
2 Bedrooms
$1,255
1166 sqft
3 Bedrooms
$1,795
1507 sqft
Last updated September 22 at 09:42 PM
If you’re looking for an apartment in Odessa, TX, that’s close to lots of fun entertainment, shopping, and dining options, come discover Andalucia Villas Apartment Homes! Whether you’re moving to West Texas for the first time or just across town,
$
Verified
14 Units Available
The Tuscany at Faudree
4001 Faudree Rd
Odessa, TX
1 Bedroom
$1,100
775 sqft
2 Bedrooms
$1,280
1066 sqft
3 Bedrooms
$2,015
1330 sqft
Last updated September 22 at 09:42 PM
If you dream of living amidst the unique style and appeal of rural Italy, you’ll love Tuscany at Faudree Apartment Homes.
$
Verified
12 Units Available
ACACIA PARK
4775 Oakwood Dr
Odessa, TX
1 Bedroom
$759
589 sqft
2 Bedrooms
$960
835 sqft
Last updated September 22 at 09:42 PM
If you’re looking for the perfect place to call home in this West Texas oil town, you’ve found it in Acacia Park Apartment Homes.
$
Verified
9 Units Available
Golden Crest
3939 Tanglewood Ln
Odessa, TX
1 Bedroom
$785
650 sqft
2 Bedrooms
$925
800 sqft
3 Bedrooms
$1,185
1000 sqft
Last updated September 22 at 09:42 PM
If you’re looking for an apartment in Odessa, TX, that’s thoughtfully designed and comes with all the community and interior amenities you desire, you’ll love Golden Crest Apartment Homes.
$
Verified
13 Units Available
Mission Green
8201 Dorado Dr
Odessa, TX
1 Bedroom
$1,075
911 sqft
2 Bedrooms
$1,115
1129 sqft
3 Bedrooms
$1,715
1391 sqft
Last updated September 22 at 09:42 PM
Living at Mission Green Apartment Homes allows you to combine serene neighborhood living with luxury-style amenities, diverse dining options, premiere shopping venues, and a wealth of entertainment choices.
$
Verified
18 Units Available
High Plains
3727 Andrews Hwy
Odessa, TX
1 Bedroom
$725
732 sqft
2 Bedrooms
$925
1034 sqft
Last updated September 22 at 09:42 PM
If you’re moving to the area or just across town, High Plains Apartment Homes is worth exploring.
Verified
6 Units Available
SUMMERTREE PLACE
2220 E 52nd St
Odessa, TX
1 Bedroom
$875
668 sqft
2 Bedrooms
$1,114
1243 sqft
Last updated September 22 at 09:42 PM
They say that everything's bigger in Texas, and Summertree Place Apartment Homes is no exception! If you’re looking for an apartment in Odessa, TX, be sure to check out our community with beautiful, spacious homes and amazing amenities.
$
Verified
6 Units Available
Fairgreen Apartments
4675 Oakwood Dr
Odessa, TX
1 Bedroom
$785
750 sqft
2 Bedrooms
$945
1000 sqft
Last updated September 22 at 09:42 PM
If you’re looking for an apartment in Odessa, TX, that’s spacious and affordable, you’ll love Fairgreen Apartment Homes.
Verified
27 Units Available
University Gardens
4801 Oakwood Dr
Odessa, TX
1 Bedroom
$601
654 sqft
2 Bedrooms
$804
939 sqft
3 Bedrooms
Ask
Last updated September 22 at 09:42 PM
A smaller community of luxurious apartments. Beautiful landscaping, balconies and patios on each unit, fireplaces. Minutes from schools, shopping and several parks. Close to I-20.
$
Verified
15 Units Available
Brady Station
4401 E 52nd St
Odessa, TX
1 Bedroom
$600
582 sqft
2 Bedrooms
$820
944 sqft
Last updated September 22 at 09:41 PM
***At this time, we are conducting self-guided tours by appointment only. Please call/text or email to request a self-guided tour.
Verified
15 Units Available
Southgate
2735 E 8th St
Odessa, TX
1 Bedroom
$615
682 sqft
2 Bedrooms
$820
888 sqft
3 Bedrooms
$1,215
1064 sqft
Last updated September 22 at 09:41 PM
Located just off Highway 20, the community features one-, two- and three-bedroom floor plans. Apartment homes have ceiling fans, walk-in closets, fireplaces and private patios.
1 Unit Available
2413 Idlewood Lane - 2449
2413 Idlewood Lane
Odessa, TX
1 Bedroom
Ask
2 Bedrooms
$1,199
1300 sqft
Last updated September 22 at 11:10 PM
Townhouses, Studio Apartments, and Condos available today. They come with a private backyard and washer and dryer connections. The units all have optional utilities, furnishings, and cable offered.
1 Unit Available
1645 Palo Duro Drive
1645 Palo Duro Dr
Odessa, TX
4 Bedrooms
$2,700
1890 sqft
Last updated September 22 at 11:10 PM
Just completed, this 4 bedroom 2 bath home is ready for occupancy, if you want something fresh and new then this is it, this home come with stainless appliances , including a gas stove, RO system , granite countertops through out, A gas
1 Unit Available
1118 Adams Avenue - 2-2T
1118 Adams Ave
Odessa, TX
2 Bedrooms
$850
630 sqft
Last updated September 22 at 11:10 PM
A reasonably priced apartment community in Odessa, Texas. Our apartment community is centrally located among a residential neighborhood while in proximity of the Boys and Girls Club, shopping, restaurants, and downtown.
1 Unit Available
2311 Beverly St - 2311
2311 Beverly St
Odessa, TX
1 Bedroom
$899
670 sqft
Last updated September 22 at 11:10 PM
Great for entertaining: spacious, 1 bedroom, 1 bathroom apartment in Odessa, Tx. with a private backyard, washer and dryer connections, and a community courtyard. This unit is listed for $1100.00/mo.
1 Unit Available
1003 North Grandview Avenue - 1003
1003 N Grandview Ave
Odessa, TX
2 Bedrooms
$1,125
1338 sqft
Last updated September 22 at 11:10 PM
Great for entertaining: spacious, 2 bedroom, 11/2 bathroom townhome in Odessa, Tx. with a private backyard, washer and dryer connections, and a community courtyard. This unit is listed for $1400.00/mo.
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Find an apartment for rent in Odessa, TX

Searching for an apartment for rent in Odessa, TX? Look no further! Apartment List will help you find a perfect apartment near you. There are 129 available rental units listed on Apartment List in Odessa. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Odessa is $884 for a studio, $1,124 for a one-bedroom apartment, and $1,389 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Odessa apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Odessa, TX apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Odessa?
In Odessa, the median rent is $884 for a studio, $1,124 for a 1-bedroom, $1,389 for a 2-bedroom, and $1,738 for a 3-bedroom. For more information on rental trends in Odessa, check out our monthly Odessa Rent Report.
How much is rent in Odessa?
In Odessa, the median rent is $884 for a studio, $1,124 for a 1-bedroom, $1,389 for a 2-bedroom, and $1,738 for a 3-bedroom. For more information on rental trends in Odessa, check out our monthly Odessa Rent Report.
How can I find a cheap apartment in Odessa?
You can get the best deal by searching by apartments that are offering move-in specials in Odessa.
How can I find a cheap apartment in Odessa?
You can get the best deal by searching by apartments that are offering move-in specials in Odessa.
How can I find a pet-friendly apartment in Odessa?
You can use the pet-friendly filter to find Odessa apartments that allow pets.
How can I find a pet-friendly apartment in Odessa?
You can use the pet-friendly filter to find Odessa apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Odessa properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Odessa properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Odessa?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Odessa.
How much should I pay for rent in Odessa?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Odessa.
How can I find off-campus housing in Odessa?
You can use the off-campus housing filters to find apartments near colleges located in or around Odessa. Some of the colleges and universities in the area include The University of Texas of the Permian Basin, and Midland College.
How can I find off-campus housing in Odessa?
You can use the off-campus housing filters to find apartments near colleges located in or around Odessa. Some of the colleges and universities in the area include The University of Texas of the Permian Basin, and Midland College.

Median Rent in Odessa

Last updated Aug. 2020
The median rent for a 1 bedroom apartment in Odessa is $1,124, while the median rent for a 2 bedroom apartment is $1,389.
Studio
$884
1 Bed
$1,124
2 Beds
$1,389
3+ Beds
$1,738
City GuideOdessa
Welcome to Odessa, Texas. Known for clear skies and an amazing sunset, Odessa is home to a vibrant arts culture, and well-kept city parks.
Welcome to Odessa, Texas. Known for clear skies and an amazing sunset, Odessa is home to a vibrant arts culture, and well-kept city parks.

Odessa is a dynamic city with a different kind of adventure around each corner (and a perfect four season climate). Whether you want to visit the theatre (a replica of the Shakespearean Globe theatre exists here), waste the day away in one of the city’s Open Spaces or admire the odd yet creative aspects of the city (Stonehenge replica, second largest meteor crater in history), Odessa is the place to be. We reckon you’ll love living here, so let’s get you situated in an apartment of your own!

Uncovering your own Odessa - Neighborhoods:

The city of Odessa is made up of areas and neighborhoods that are community focused and vibrant. Since there are so many nooks and crannies in this small city, it’s best to break down the areas by direction (north, city center, and west).

North Odessa (79762): A few minutes from the city center of Odessa, North Odessa is a booming area of town. With proximity to downtown, Midland and I-20, it’s a popular neighborhood. Good shopping and museums are located in this part of town, as well. You’ll find that newer homes have been/are being built here, complete with spacious yards and plenty of bedrooms. On a similar note, apartment living here is just as luxurious (we’re talking fireplaces, internet cafes, energy efficient appliances, vaulted ceilings, and pools). Pricing here in the North is often a bit higher than the rest of the city, however, it’s still highly affordable compared to other cities—one bedroom pads range from $600-$800, depending on the complex.

West Odessa (79764/79763): West Odessa is home to a variety of housing options. While shopping and entertainment are nearby, many parts of West Odessa are a bit more laid-back/country, with large yards, some historic homes and established apartment complexes. Some apartments here come fully furnished and the rates are extremely affordable (one bedroom starting at $550!).

Heart of Odessa (79761): Consisting of the major downtown/city center of Odessa, this area is close to at least three parks, major road (385, Loop 338, I-20). This part of Odessa is walkable, and is composed mainly of single-family homes and apartments. You’ll find a good nightlife, some dynamite restaurants, bustling business and public transit options. Despite the coveted central location, this part of town is quite affordable. In fact, one and two bedrooms typically rent for $600-$850.

Uncovering your own Odessa - Neighborhoods:
+

The city of Odessa is made up of areas and neighborhoods that are community focused and vibrant. Since there are so many nooks and crannies in this small city, it’s best to break down the areas by direction (north, city center, and west).

North Odessa (79762): A few minutes from the city center of Odessa, North Odessa is a booming area of town. With proximity to downtown, Midland and I-20, it’s a popular neighborhood. Good shopping and museums are located in this part of town, as well. You’ll find that newer homes have been/are being built here, complete with spacious yards and plenty of bedrooms. On a similar note, apartment living here is just as luxurious (we’re talking fireplaces, internet cafes, energy efficient appliances, vaulted ceilings, and pools). Pricing here in the North is often a bit higher than the rest of the city, however, it’s still highly affordable compared to other cities—one bedroom pads range from $600-$800, depending on the complex.

West Odessa (79764/79763): West Odessa is home to a variety of housing options. While shopping and entertainment are nearby, many parts of West Odessa are a bit more laid-back/country, with large yards, some historic homes and established apartment complexes. Some apartments here come fully furnished and the rates are extremely affordable (one bedroom starting at $550!).

Heart of Odessa (79761): Consisting of the major downtown/city center of Odessa, this area is close to at least three parks, major road (385, Loop 338, I-20). This part of Odessa is walkable, and is composed mainly of single-family homes and apartments. You’ll find a good nightlife, some dynamite restaurants, bustling business and public transit options. Despite the coveted central location, this part of town is quite affordable. In fact, one and two bedrooms typically rent for $600-$850.

A few extra tid-bits about renting in Odessa:
  • Animals are typically welcome here, but with a small deposit, of course.

  • Fireplaces are often a staple in apartments (sometimes an upgrade feature) due to chilly winters and cool desert nights. If your place doesn’t have a fireplace included, we hear jackets go on sale in the summer. Just something to think about.

  • Outdoor space is a big thing in Odessa, and many complexes feature picnic areas to meet your outdoorsy needs halfway. Not only that, but you’ll find that most places are fairly close to parks and outdoor grilling spaces.

A few extra tid-bits about renting in Odessa:
+
  • Animals are typically welcome here, but with a small deposit, of course.

  • Fireplaces are often a staple in apartments (sometimes an upgrade feature) due to chilly winters and cool desert nights. If your place doesn’t have a fireplace included, we hear jackets go on sale in the summer. Just something to think about.

  • Outdoor space is a big thing in Odessa, and many complexes feature picnic areas to meet your outdoorsy needs halfway. Not only that, but you’ll find that most places are fairly close to parks and outdoor grilling spaces.

Transportation:

Getting around in Odessa is typically easiest with your own set of wheels. Major highways here consist of I-20 (an essential part of a commuters day, taking residents from Odessa to Midland and in and around the area), U.S. 385 (which can take residents as far north as South Dakota but is mainly used to maneuver about smaller Texas cities) and Highways 191 (a big ol’ state road).

Public transit in Odessa consists mainly of the E-Z Rider bus system that serves the basin area, the downtown area, and a number of others.

Here, you can truly sleep under the stars, wake up to amazing sunrises and ogle the breathtaking Odessa sunsets. Get in touch with nature, take in a good show, or delight in good weather; Odessa is your Texan oyster. What are you waiting for? Head out west!

Transportation:
+

Getting around in Odessa is typically easiest with your own set of wheels. Major highways here consist of I-20 (an essential part of a commuters day, taking residents from Odessa to Midland and in and around the area), U.S. 385 (which can take residents as far north as South Dakota but is mainly used to maneuver about smaller Texas cities) and Highways 191 (a big ol’ state road).

Public transit in Odessa consists mainly of the E-Z Rider bus system that serves the basin area, the downtown area, and a number of others.

Here, you can truly sleep under the stars, wake up to amazing sunrises and ogle the breathtaking Odessa sunsets. Get in touch with nature, take in a good show, or delight in good weather; Odessa is your Texan oyster. What are you waiting for? Head out west!

Read More
City GuideOdessa
Welcome to Odessa, Texas. Known for clear skies and an amazing sunset, Odessa is home to a vibrant arts culture, and well-kept city parks.
Welcome to Odessa, Texas. Known for clear skies and an amazing sunset, Odessa is home to a vibrant arts culture, and well-kept city parks.

Odessa is a dynamic city with a different kind of adventure around each corner (and a perfect four season climate). Whether you want to visit the theatre (a replica of the Shakespearean Globe theatre exists here), waste the day away in one of the city’s Open Spaces or admire the odd yet creative aspects of the city (Stonehenge replica, second largest meteor crater in history), Odessa is the place to be. We reckon you’ll love living here, so let’s get you situated in an apartment of your own!

Uncovering your own Odessa - Neighborhoods:

The city of Odessa is made up of areas and neighborhoods that are community focused and vibrant. Since there are so many nooks and crannies in this small city, it’s best to break down the areas by direction (north, city center, and west).

North Odessa (79762): A few minutes from the city center of Odessa, North Odessa is a booming area of town. With proximity to downtown, Midland and I-20, it’s a popular neighborhood. Good shopping and museums are located in this part of town, as well. You’ll find that newer homes have been/are being built here, complete with spacious yards and plenty of bedrooms. On a similar note, apartment living here is just as luxurious (we’re talking fireplaces, internet cafes, energy efficient appliances, vaulted ceilings, and pools). Pricing here in the North is often a bit higher than the rest of the city, however, it’s still highly affordable compared to other cities—one bedroom pads range from $600-$800, depending on the complex.

West Odessa (79764/79763): West Odessa is home to a variety of housing options. While shopping and entertainment are nearby, many parts of West Odessa are a bit more laid-back/country, with large yards, some historic homes and established apartment complexes. Some apartments here come fully furnished and the rates are extremely affordable (one bedroom starting at $550!).

Heart of Odessa (79761): Consisting of the major downtown/city center of Odessa, this area is close to at least three parks, major road (385, Loop 338, I-20). This part of Odessa is walkable, and is composed mainly of single-family homes and apartments. You’ll find a good nightlife, some dynamite restaurants, bustling business and public transit options. Despite the coveted central location, this part of town is quite affordable. In fact, one and two bedrooms typically rent for $600-$850.

Uncovering your own Odessa - Neighborhoods:
+

The city of Odessa is made up of areas and neighborhoods that are community focused and vibrant. Since there are so many nooks and crannies in this small city, it’s best to break down the areas by direction (north, city center, and west).

North Odessa (79762): A few minutes from the city center of Odessa, North Odessa is a booming area of town. With proximity to downtown, Midland and I-20, it’s a popular neighborhood. Good shopping and museums are located in this part of town, as well. You’ll find that newer homes have been/are being built here, complete with spacious yards and plenty of bedrooms. On a similar note, apartment living here is just as luxurious (we’re talking fireplaces, internet cafes, energy efficient appliances, vaulted ceilings, and pools). Pricing here in the North is often a bit higher than the rest of the city, however, it’s still highly affordable compared to other cities—one bedroom pads range from $600-$800, depending on the complex.

West Odessa (79764/79763): West Odessa is home to a variety of housing options. While shopping and entertainment are nearby, many parts of West Odessa are a bit more laid-back/country, with large yards, some historic homes and established apartment complexes. Some apartments here come fully furnished and the rates are extremely affordable (one bedroom starting at $550!).

Heart of Odessa (79761): Consisting of the major downtown/city center of Odessa, this area is close to at least three parks, major road (385, Loop 338, I-20). This part of Odessa is walkable, and is composed mainly of single-family homes and apartments. You’ll find a good nightlife, some dynamite restaurants, bustling business and public transit options. Despite the coveted central location, this part of town is quite affordable. In fact, one and two bedrooms typically rent for $600-$850.

A few extra tid-bits about renting in Odessa:
  • Animals are typically welcome here, but with a small deposit, of course.

  • Fireplaces are often a staple in apartments (sometimes an upgrade feature) due to chilly winters and cool desert nights. If your place doesn’t have a fireplace included, we hear jackets go on sale in the summer. Just something to think about.

  • Outdoor space is a big thing in Odessa, and many complexes feature picnic areas to meet your outdoorsy needs halfway. Not only that, but you’ll find that most places are fairly close to parks and outdoor grilling spaces.

A few extra tid-bits about renting in Odessa:
+
  • Animals are typically welcome here, but with a small deposit, of course.

  • Fireplaces are often a staple in apartments (sometimes an upgrade feature) due to chilly winters and cool desert nights. If your place doesn’t have a fireplace included, we hear jackets go on sale in the summer. Just something to think about.

  • Outdoor space is a big thing in Odessa, and many complexes feature picnic areas to meet your outdoorsy needs halfway. Not only that, but you’ll find that most places are fairly close to parks and outdoor grilling spaces.

Transportation:

Getting around in Odessa is typically easiest with your own set of wheels. Major highways here consist of I-20 (an essential part of a commuters day, taking residents from Odessa to Midland and in and around the area), U.S. 385 (which can take residents as far north as South Dakota but is mainly used to maneuver about smaller Texas cities) and Highways 191 (a big ol’ state road).

Public transit in Odessa consists mainly of the E-Z Rider bus system that serves the basin area, the downtown area, and a number of others.

Here, you can truly sleep under the stars, wake up to amazing sunrises and ogle the breathtaking Odessa sunsets. Get in touch with nature, take in a good show, or delight in good weather; Odessa is your Texan oyster. What are you waiting for? Head out west!

Transportation:
+

Getting around in Odessa is typically easiest with your own set of wheels. Major highways here consist of I-20 (an essential part of a commuters day, taking residents from Odessa to Midland and in and around the area), U.S. 385 (which can take residents as far north as South Dakota but is mainly used to maneuver about smaller Texas cities) and Highways 191 (a big ol’ state road).

Public transit in Odessa consists mainly of the E-Z Rider bus system that serves the basin area, the downtown area, and a number of others.

Here, you can truly sleep under the stars, wake up to amazing sunrises and ogle the breathtaking Odessa sunsets. Get in touch with nature, take in a good show, or delight in good weather; Odessa is your Texan oyster. What are you waiting for? Head out west!

Rent Report
Odessa

September 2020 Odessa Rent Report

Welcome to the September 2020 Odessa Rent Report. Odessa rents increased over the past month. In this report, we'll evaluate trends in the Odessa rental market, including comparisons to cities throughout the state and nation.

Odessa rents increase sharply over the past month

Odessa rents have increased 2.2% over the past month, but have decreased sharply by 11.8% in comparison to the same time last year. Currently, median rents in Odessa stand at $1,125 for a one-bedroom apartment and $1,389 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Odessa's year-over-year rent growth lags the state average of -0.1%, as well as the national average of 0.3%.

    Rents falling across cities in Texas

    Throughout the past year, rent decreases have been occurring not just in the city of Odessa, but across many other cities in the state. Rents have dropped in 1 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of -0.1% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,457; of the 10 largest Texas cities that we have data for, 6 have seen rents fall year-over-year, with Laredo experiencing the fastest decline (-1.2%).
    • El Paso, Arlington, and Corpus Christi have all experienced year-over-year growth above the state average (3.0%, 2.5%, and 0.8%, respectively).

    Many large cities nationwide show more affordable rents compared to Odessa

    As rents have fallen sharply in Odessa, large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Odessa is less affordable for renters.

    • Odessa's median two-bedroom rent of $1,389 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
    • While rents in Odessa fell sharply over the past year, many cities nationwide saw increases, including Phoenix (+1.7%) and Detroit (+0.8%).
    • Renters will generally find more expensive prices in Odessa than most large cities. For example, Detroit has a median 2BR rent of $902, where Odessa is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Read More

    September 2020 Odessa Rent Report

    Welcome to the September 2020 Odessa Rent Report. Odessa rents increased over the past month. In this report, we'll evaluate trends in the Odessa rental market, including comparisons to cities throughout the state and nation.

    View full Rent Report

    September 2020 Odessa Rent Report

    Welcome to the September 2020 Odessa Rent Report. Odessa rents increased over the past month. In this report, we'll evaluate trends in the Odessa rental market, including comparisons to cities throughout the state and nation.

    Odessa rents increase sharply over the past month

    Odessa rents have increased 2.2% over the past month, but have decreased sharply by 11.8% in comparison to the same time last year. Currently, median rents in Odessa stand at $1,125 for a one-bedroom apartment and $1,389 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Odessa's year-over-year rent growth lags the state average of -0.1%, as well as the national average of 0.3%.

      Rents falling across cities in Texas

      Throughout the past year, rent decreases have been occurring not just in the city of Odessa, but across many other cities in the state. Rents have dropped in 1 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of -0.1% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

      • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,457; of the 10 largest Texas cities that we have data for, 6 have seen rents fall year-over-year, with Laredo experiencing the fastest decline (-1.2%).
      • El Paso, Arlington, and Corpus Christi have all experienced year-over-year growth above the state average (3.0%, 2.5%, and 0.8%, respectively).

      Many large cities nationwide show more affordable rents compared to Odessa

      As rents have fallen sharply in Odessa, large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Odessa is less affordable for renters.

      • Odessa's median two-bedroom rent of $1,389 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
      • While rents in Odessa fell sharply over the past year, many cities nationwide saw increases, including Phoenix (+1.7%) and Detroit (+0.8%).
      • Renters will generally find more expensive prices in Odessa than most large cities. For example, Detroit has a median 2BR rent of $902, where Odessa is more than one-and-a-half times that price.

      For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

      Methodology - Recent Updates:

      Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

      Read more about our new methodology below, or see a more detailed post here.

      Methodology:

      Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

      Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

      Read more about our methodology here.

      About Rent Reports:

      Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

      We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.