105 Valentine Pl
IthacaNY14850
Cheap Homes for Rent in Odessa, NY from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Odessa.
105 N Quarry St
IthacaNY14850
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.
1718 Mecklenburg Rd
IthacaNY14850
355 W Clinton St
ElmiraNY14901
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.
357 W Clinton St
ElmiraNY14901
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Odessa, NY Local Guide
Bridge Tunnel in New York by subherwal is licensed under CC BY 2.0
How much does it cost to rent a home in Odessa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Odessa 2 Bedroom Homes for Rent | $1,850 | $1,500 | $2,200 |
| Odessa 3 Bedroom Homes for Rent | $2,468 | $1,400 | $4,500 |
| Odessa 4 Bedroom Homes for Rent | $3,068 | $750 | $4,500 |
| Odessa 5 Bedroom Homes for Rent | $2,700 | $900 | $4,500 |
| Odessa 6 Bedroom Homes for Rent | $4,400 | $4,400 | $4,400 |
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Odessa, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIDGETOP Apartments in Collegetown | Parking | Studio, | $225 |
| St Marks Terrace Dundee | 1 bed 1 bath | 1BR,1BA | $400 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $785 |
Best Value Apartments for Rent in Odessa, NY and Nearby
As of June 12, 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 3 Bedroom Apartment 4 Model at 111 Osmun Place - See Details starting at $1,050 with a $0.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 212 Giles St Furnished Free Parking | 4BR 2 Bathroom | 4BR,2BA | $0.39 |
| 111 Osmun Place - See Details | Full 3 Bedroom Apartment 4 | 3BR,1BA | $0.58 |
| West Village Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.15 |
| St. Patrick's Apartments | Senior 1B | 1BR,1BA | $0.90 |
| Colonial Manor Apartments | 2x2 1000 w/ Attached Garage | 2BR,2BA | $1.80 |
| Country Falls Apartments | Two Bedroom | 2BR,1BA | $0.91 |
| Linderman Creek | 2 Bedroom | 2BR,1BA | $1.72 |
| Horseheads Village Apartments | Two bedroom flat (upstairs) | 2BR,1BA | $1.85 |
| Montour Family Apartments | 1 bedroom 1bath | 1BR,1BA | $1.14 |
| St Marks Terrace Dundee | 1 bed 1 bath | 1BR,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.
Read Article
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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How much rent can you afford?
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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See the most popular apartments and homes in Odessa, NY
Frequently Asked Questions about Odessa
What type of rentals are currently available in Odessa?
There are currently 60 Apartments for Rent in Odessa, NY with pricing that ranges from $225 to $6,500. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Odessa ranging from $750 to $4,500.
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 $750 to $4,500 with an average monthly rent of $2,760.
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 $649 to $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $4,500. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $689.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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.
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.