Odessa

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Odessa, TX

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Odessa is proud of its academics, diverse industries, and historic replicas

Up-and-Coming Economy Affordable Texas

Primarily located in Ector County – with a small portion extended into Midland – the city of Odessa is an up-and-coming community of modern comforts. Situated above the Permian Basin, the driving force of its economy has always been oil. However, Odessa has been diversifying its industry into logistics with the opening of numerous distribution centers.

Just like their affordable apartments, residents enjoy the shopping opportunities at Music City Hall. The community takes pride in academics – it has three colleges! At Odessa College, you can tour a replica of Shakespeare’s Globe Theater. And speaking of culture (and replicas), you’ll find England’s Stonehenge at the University of Texas of the Permian Basin campus.

With convenient access to Interstate 20, you can access nearby Midland in just minutes. Odessa is home to many great parks, schools, and modern comforts – so find your Odessa home today.

Rent Trends

As of March 2025, the average apartment rent in Odessa, TX is $1,048 for a studio, $1,127 for one bedroom, $1,468 for two bedrooms, and $1,867 for three bedrooms. Apartment rent in Odessa has increased by 2.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,127/month
675 Sq Ft
House
$2,716/month
786 Sq Ft
See Rental Market Trends in Odessa, TX

Cost of Living

The cost of living in Odessa, TX is 6.9% lower than the national average. Generally, housing in Odessa is 16.5% less expensive than the national average, with rent falling between $1,048 - $1,867. You can expect to pay 3.6% less for groceries, 0.3% less for utilities, and 6.4% less for transportation.

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Transportation

31

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

36

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

El Magnet At Hays

Public

Grades PK-5

460 Students

9
out of 10

Gale Pond Alamo Elementary School

Public

Grades PK-5

317 Students

9
out of 10

Cameron Dual Language Magnet

Public

Grades PK-6

613 Students

7
out of 10

Austin Montessori Magnet

Public

Grades PK-6

537 Students

7
out of 10

San Jacinto Elementary School

Public

Grades K-5

396 Students

7
out of 10

Nimitz Middle School

Public

Grades 6-8

1,303 Students

6
out of 10

Wilson & Young Medal of Honor Middle

Public

Grades 6-8

1,245 Students

5
out of 10

Crockett J High School

Public

Grades 6-8

1,036 Students

4
out of 10

Bowie J High School

Public

Grades 6-8

914 Students

3
out of 10

Bonham J High School

Public

Grades 6-8

867 Students

3
out of 10

New Tech Odessa

Public

Grades 9-12

460 Students

7
out of 10

Permian High School

Public

Grades 9-12

3,978 Students

4
out of 10

Odessa High School

Public

Grades 9-12

3,874 Students

3
out of 10

Points of Interest

Top Apartments in Odessa

Houses for Rent in Odessa

Property Management Companies in Odessa, TX

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.