Rent prices in cities near Odessa
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Odessa, TX Demographics
- Total Population122,630
Female 61,000Male 61,630
- Median Age30.4
A total population of 122,630 lives in Odessa, TX, according to data published by the U.S. Census Bureau. Population statistics show that 61,630 of Odessa’s residents are women and 61,000 are men. The median age of the population in Odessa, TX is 30.4.
Average Rent in Odessa, TX
- Odessa, TX Average Rental Price, July 2022 $1,052 /mo
Apartments for rent in Odessa, TX have an average price of $1,052 per month.
Odessa, TX Apartment Rent Ranges
About 40% of apartments in Odessa, TX have rents ranging between $1,001-$1,500. The second most common rent range is over $1,501-$2,000, 9% of apartments. Around 35% of Odessa’s apartments are in the $701-$1,000 price range. 15% of apartments are priced between $501-$700.
Odessa, TX Rent Trends
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Compared to the average rent in the U.S. of $1,706, the rent in Odessa, TX is $1,052 per month.
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
According to the U.S. Census, there are 41,942 households in Odessa, TX. The Census estimates also show that 28,218 are family households and 13,724 are non-family households. Moreover, Odessa has 16,394 households with children in Odessa and 25,548 households without children. On average, about 2.89 people constitute a household in Odessa, TX. The median income of a Odessa household living in Odessa is $63,829 per year. The housing costs per month are estimated around $1,033.
Odessa, TX Education Statistics
According to U.S. Census Bureau estimates, the share of residents in Odessa, TX that have no high school education is 7%, and the share of those who went to high school is 42%. 27% of residents have some college education, 8% have an Associate Degree, while 12% have a Bachelor Degree, and a share of 5% have a Graduate Degree.
Renting a 3 bedroom apartment in Odessa, TX
Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 967 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Odessa, TX, rents on 3 bedroom apartments go up to $4,102. 11 rental properties offer 3 bedroom units in Odessa, TX to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.
Tips on finding a cheap 3 bedroom apartment in Odessa, TX
For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $908 in Odessa, TX, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.