Odessa

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Odessa, TX

Area Guide

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

Up-and-Coming Economy Affordable Texas

Located in West Texas, Odessa spans 53 square miles of diverse neighborhoods and rental communities. The city offers various housing options, including apartments near the University of Texas Permian Basin and throughout established residential areas. Current rental rates show one-bedroom units averaging $1,139 monthly and two-bedroom homes at $1,492. Notable areas include the northeast section near Music City Mall and the neighborhoods surrounding Odessa College.

Odessa's landscape features several cultural landmarks, including the Globe of the Great Southwest theater and the Presidential Museum and Leadership Library. The city maintains multiple public parks, and residents can explore the nearby Odessa Meteor Crater. Local sports culture centers around high school football, which gained national recognition through "Friday Night Lights." The University of Texas Permian Basin and Odessa College contribute to the educational landscape, while the Midland-Odessa Symphony and Chorale enriches the local arts scene. Throughout the city, 31 decorated jackrabbit statues serve as distinctive local landmarks.

Rent Trends

As of December 2025, the average apartment rent in Odessa, TX is $1,170 for a studio, $1,173 for one bedroom, $1,497 for two bedrooms, and $1,892 for three bedrooms. Apartment rent in Odessa has increased by 2.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,173/month
669 Sq Ft
House
$2,312/month
1,487 Sq Ft
See Rental Market Trends in Odessa, TX

Cost of Living

The cost of living in Odessa, TX is 7.3% lower than the national average. Generally, housing in Odessa is 20.5% less expensive than the national average, with rent falling between $1,170 - $1,892. You can expect to pay 4.8% less for groceries, 1.4% more for utilities, and 9.8% less for transportation.

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Transportation

32

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

Cameron Dual Language Magnet

Public

Grades PK-6

613 Students

Ross Elementary School

Public

Grades PK-5

408 Students

Gale Pond Alamo Elementary School

Public

Grades PK-5

317 Students

El Magnet At Milam Elementary School

Public

Grades PK-5

642 Students

Wilson & Young Medal of Honor Middle

Public

Grades 6-8

1,245 Students

Bowie Junior High School

Public

Grades 6-8

914 Students

Bonham J High School

Public

Grades 6-8

867 Students

Nimitz Middle School

Public

Grades 6-8

1,303 Students

Crockett J High School

Public

Grades 6-8

1,036 Students

New Tech Odessa

Public

Grades 9-12

460 Students

Permian High School

Public

Grades 9-12

3,978 Students

Odessa High School

Public

Grades 9-12

3,874 Students

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 November 2025.