Rent prices in cities near Odessa
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Odessa, TX Demographics
- Total Population122,630
Female 61,000Male 61,630
- Median Age30.4
According to the most recent data from the U.S. Census Bureau, the total population in Odessa, TX is 122,630. The makeup of the population by gender is 61,000 men and 61,630 women. The median age of Odessa’s residents is 30.4.
Average Rent in Odessa, TX
- Odessa, TX Average Rental Price, July 2022 $1,052 /mo
The monthly rate for Odessa, TX apartments is on average $1,052.
Odessa, TX Apartment Rent Ranges
Approximately 15% of apartments in Odessa, TX charge rents around $501-$700. A share of 35% of Odessa’s rental apartments have monthly rents between $701-$1,000. In the rent range of $1,001-$1,500 there are 40% apartment units. 9% of the city’s apartments are in the highest price range of $1,501-$2,000.
Odessa, TX Rent Trends
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The average price of rental apartments nationwide is $1,706, while the monthly rent in Odessa, TX is $1,052, on average.
Odessa, TX Households
- Total Number of Households41,942
Family 28,218Non-family 13,724
Children 16,394No Children 25,548
- Average People Per Household2.89
- Median Household Income$63,829
- Median Housing Costs Per Month$1,033
There is a total of 41,942 households in Odessa, TX, of which 16,394 have children and 25,548 are without children. Per Census data, Odessa has 28,218 family households and 13,724 non-family households. The size of a household in Odessa, TX is 2.89 people, on average. The median household annual income in Odessa is $63,829, and the monthly housing costs are $1,033.
Odessa, TX Education Statistics
In Odessa, TX, 7% of the population have no high school education, according to estimates published by the U.S. Census Bureau. 42% of the city’s population went to high school, 27% of residents completed some college, 8% of the population hold an Associate Degree, as many as 12% hold a Bachelor Degree, and 5% hold a Graduate Degree.
Renting a 2 bedroom apartment in Odessa, TX
Renting a 2 bedroom apartment is ideal if you’re living with someone else, whether it’s your partner, your roommate, or your whole family. The second bedroom gives you enough space for more than one person or can come in handy as a home office that doubles as a guest bedroom. 2 bedroom apartment rentals in Odessa, TX offer a generous 905 Sq.Ft. of living space for an average monthly rent of $1,286. Your apartment quest is going to be different depending on where and what you’re looking for.
Things to remember when looking for a cheap 2 bedroom apartment in Odessa, TX
There is a series of factors that determine the price of a rental apartment in Odessa, TX. Its location is probably at the top of the list. The closer a building is to the city center, or to a public transportation station, the more expensive it is. The same goes for buildings located in popular areas with a high density of quality dining, shopping and entertainment options. That’s because most renters would rather be close to where things are happening, thus creating an increased demand for those apartments. Another determinant is the quality of the building, as in how old it is, how well maintained, what amenities it offers. Similarly, the quality of the apartment unit itself is a factor. A furnished apartment will most certainly cost more than an unfurnished one. One that has newer appliances, or has been remodeled recently, is going to demand a higher price. On the flip side, you can find some really good deals if none of these factors are a priority for you. There are 19 apartment buildings in Odessa, TX you can explore that offer all types of floor plans, including cheap 2 bedroom apartments.