Alturas Eleventh
2828 E 11th St,
Odessa, TX 79761
1-2 Beds | $855 - $2,125
Rental Market Trends in Odessa, TX
What is the average rent in Odessa, TX?
$1,136/month
Average Rent
676 Sq Ft
Average Apartment Size
+3.7%
Increase in the Last Year
As of December 2024, the average rent in Odessa, TX is $1,136 per month. This is 27% lower than the national average rent of $1,560/month, making renting in Odessa more affordable than most cities in the US. When you rent an apartment in Odessa, you can expect to pay about $1,057 per month for a studio, $1,136 for a one-bedroom apartment, and around $1,478 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,845 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Odessa, TX?
In the past year, rent has increased by 3.7%, which averages out to $43 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Odessa, TX
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
24%
$700 - $1,000/month
51%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
3%
Above $2,000/month
What salary do I need to live comfortably in Odessa, TX?
Because the average rent in Odessa is $1,136, you’ll want to make about $3,786 per month or $45,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Odessa, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Odessa, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† 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.
* Percentages may not total 100 due to rounding.