
Cheap Homes for Rent near Odessa, MN from $490 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Odessa.


511 Main Ave N

104 W Main St
Rent According to Income: A Look at Income-Restricted Rentals
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105 1st Ave SW

310 8th St N

917 12th Ave NW
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

320 Augusta Ave SE
Odessa, MN Local Guide

How much does it cost to rent a home in Odessa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Odessa 2 Bedroom Homes for Rent | $1,121 | $580 | $1,495 |
| Odessa 3 Bedroom Homes for Rent | $1,725 | $1,240 | $2,550 |
| Odessa 4 Bedroom Homes for Rent | $1,850 | $1,400 | $2,900 |
| Odessa 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
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Odessa, MN Local Guide
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Cheapest Available Odessa Apartments for Rent and Nearby
 The cheapest available apartment rental in Odessa, MN is a Studio unit found at Building Three Thirty priced from $425. Mary's Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $455. Here is today’s list of the most affordable Odessa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Building Three Thirty | Small Studio | Studio,1BA | $425 |
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
Best Value Apartments for Rent in Odessa, MN and Nearby
As of September 05, 2026 the best value apartment in the Odessa area is the $0.73 price per square foot Two Bedroom Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Odessa apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 price per square foot . Here is today’s list of the best values for Odessa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paris Park Townhomes | Two Bedroom | 2BR,1.5BA | $0.73 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Granite Manor/Runestone | 3 Bedrooms, 2 full, 4541 Arbor Xing SE | 3BR,2BA | $1.34 |
| Thunder Hawk Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.27 |
| Westfield Apartments | 2 Bed 1 Bath Bld 1&2 | 2BR,1BA | $1.41 |
| Broadway Garden Estates | 1 bedroom 1 bathroom | 1BR,1BA | $1.19 |
| Wilkeshire Apartments | Hawthorne | 2BR,1BA | $1.27 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Odessa
What type of rentals are currently available in Odessa?
There are currently 66 Apartments for Rent in Odessa, MN with pricing that ranges from $425 to $2,440. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Odessa ranging from $490 to $3,800.
What is the current price range for Rental Homes in Odessa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Odessa ranges from $490 to $3,800 with an average monthly rent of $1,416.
How much are larger Three and Four Bedroom Rentals in Odessa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Odessa range from $800 to $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,240 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,350.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.