Cheap Apartments for Rent in Odessa, NY from $400 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Odessa.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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514 W State St
1 Bedroom Apartments

514 W State St

514 W State StIthaca, NY 14850
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222 N Albany St
2 Bedroom Apartments

222 N Albany St

222 N Albany StIthaca, NY 14850
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203 Williams St
Studio to 4 Bedroom Apartments

203 Williams St

203 Williams StIthaca, NY 14850
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Harolds Square
Studio to 2 Bedroom Apartments

Harolds Square

125 E State StIthaca, NY 14850
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Bottchers Landing
2 to 3 Bedroom Apartments

Bottchers Landing

500 Bottchers DrBig Flats, NY 14814
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-24, Page 1 of 1

Odessa, NY Local Guide

Cheapest Available Odessa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Odessa, NY is a Studio unit found at RIDGETOP Apartments in Collegetown in the North Campus neighborhood priced from $225. St Marks Terrace Dundee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $400. Here is today’s list of the most affordable Odessa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIDGETOP Apartments in CollegetownParkingStudio,$225
St Marks Terrace Dundee1 bed 1 bath1BR,1BA$400
Montour Family Apartments1 bedroom 1bath1BR,1BA$785
Country Falls ApartmentsTwo Bedroom2BR,1BA$795
St. Patrick's ApartmentsSenior 1B1BR,1BA$902

Best Value Apartments for Rent in Odessa, NY and Nearby

As of June 04, 2026 the best value apartment in the Odessa area is the $0.39 price per square foot 4BR 2 Bathroom Model at 212 Giles St Furnished Free Parking in the in the Western South Hill neighborhood starting from $700. The second greatest value Odessa apartment is the Full 6 Bedroom Apartment 3 Model at 111 Osmun Place - See Details starting at $875 with a $0.49 price per square foot in the North Campus neighborhood. Here is today’s list of the best values for Odessa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
212 Giles St Furnished Free Parking4BR 2 Bathroom4BR,2BA$0.39
111 Osmun Place - See DetailsFull 6 Bedroom Apartment 36BR,1BA$0.49
116-118 Eddy St118 Eddy2BR,1BA$1.33
West Village Apartments3 Beds, 1 bath3BR,1BA$1.15
St. Patrick's ApartmentsSenior 1B1BR,1BA$0.90
Colonial Manor Apartments2x2 1000 w/ Attached Garage2BR,2BA$1.80
Country Falls ApartmentsTwo Bedroom2BR,1BA$0.91
Linderman Creek2 Bedroom2BR,1BA$1.72
Montour Family Apartments1 bedroom 1bath1BR,1BA$1.14
St Marks Terrace Dundee1 bed 1 bath1BR,1BA$0.73

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.

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Real 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.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Odessa Apartments

What is the Cheapest Studio apartment in Odessa?

Currently the most affordable Cheap Studio Apartment in Odessa is at RIDGETOP Apartments in Collegetown listed at $225.

How much is rent for a Cheap One Bedroom Odessa Apartment?

The lowest price for a Cheap One Bedroom Odessa Apartment is $400 at St Marks Terrace Dundee.

What is the lowest price for a Cheap Two Bedroom Odessa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Odessa is starting from $795 at Country Falls Apartments.

What is the most affordable Odessa Three Bedroom Apartment?

The best deal on a cheap Odessa Three Bedroom Apartment rental is at Montour Family Apartments and starts from $1,125.

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

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.