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55 Apartments for rent in Odessa, TX

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Last updated September 21 at 1:23AM
2131 Hanley
Odessa
Odessa, TX
Updated August 30 at 11:18PM
3 Bedrooms
$2,000
1609 N Hancock Ave
Odessa
Odessa, TX
Updated August 15 at 4:35AM
4 Bedrooms
$1,700
3727 Amherst
Odessa
Odessa, TX
Updated September 2 at 9:38AM
3 Bedrooms
$2,000
57 Augustine Court
Odessa
Odessa, TX
Updated September 6 at 2:38AM
3 Bedrooms
$2,750
4204 Dawn Ave
Odessa
Odessa, TX
Updated September 17 at 1:57AM
3 Bedrooms
$1,400
17032 Hollyhock Ave
Gardendale
Gardendale, TX
Updated September 14 at 2:43AM
3 Bedrooms
$2,000
Results within 5 miles of Odessa, TX
Results within 10 miles of Odessa, TX
1517 Coronado
Odessa
Odessa, TX
Updated August 15 at 4:35AM
4 Bedrooms
$2,000
9305 W County Rd 60
Midland
Midland, TX
Updated September 6 at 10:42AM
1 Bedroom
$1,795
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City Guide
Odessa
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.

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 2017 Odessa Rent Report

Welcome to the September 2017 Odessa Rent Report. 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 1.6% over the past month, and are up sharply by 8.6% in comparison to the same time last year. Currently, median rents in Odessa stand at $900 for a one-bedroom apartment and $1,110 for a two-bedroom. This is the ninth straight month that the city has seen rent increases after a decline in November of last year. Odessa's year-over-year rent growth leads the state average of 1.5%, as well as the national average of 3.0%.

Rents rising across cities in Texas

Throughout the past year, rent increases have been occurring not just in the city of Odessa, but across the entire state. Of the largest 10 cities that we have data for in Texas, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.5% 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 $1,420; of the 10 largest cities in Texas that we have data for, Houston and Corpus Christi, where two-bedrooms go for $990 and $1,030, are the only two major cities in the state to see rents fall year-over-year (-2.4% and -0.9%).
  • Arlington, Odessa, and Fort Worth have all experienced year-over-year growth above the state average (9.0%, 8.6%, and 5.6%, respectively).

Odessa rents more affordable than many large cities nationwide

As rents have increased in Odessa, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Odessa is still more affordable than most large cities across the country.

  • Odessa's median two-bedroom rent of $1,110 is slightly below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 8.6% rise in Odessa.
  • While Odessa's rents rose over the past year, some cities nationwide saw decreases, including DC (-0.5%) and Miami (-0.4%).
  • Renters will find more reasonable prices in Odessa than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Odessa.

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.