
Cheap Apartments for Rent in Odessa, TX from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Odessa.


Quail Run

Brady Station Apartments

The Paddocks Apartments

Arbor Oaks

Seville Apartments

Sandpiper Apartments

Madison Square

Alara

Sunset

Hemingway House Apartments

Cru Apartments

Vera in Odessa

Acacia Park

422 S Lincoln Ave

6909 Boss Ranch Rd

Park Plaza Town Homes & Corporate Apartments

903-B E 11th St

804 S Lincoln Ave

1130 Gary Terrace
Odessa, TX Local Guide

How much does it cost to rent an apartment in Odessa?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Odessa Studio Apartments | $1,441 | $1,250 | $1,799 |
Cheap Odessa 1 Bedroom Apartments | $1,202 | $506 | $1,905 |
Cheap Odessa 2 Bedroom Apartments | $1,516 | $600 | $2,299 |
Cheap Odessa 3 Bedroom Apartments | $1,978 | $1,026 | $2,775 |
Browse Top Apartments in Odessa
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Odessa, TX Local Guide

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Cheapest Available Odessa Apartments for Rent
 The cheapest available apartment rental in Odessa, TX is a 1 Bed unit found at Magnolia Living - 62 and Over priced from $506. Cimarron Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Odessa apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Magnolia Living - 62 and Over | One Bedroom | 1BR,1BA | $506 |
Cimarron Place Apartments | A | 1BR,1BA | $850 |
Trestles Condominiums | One Bedroom | 1BR,1BA | $850 |
Alturas Eleventh | Rise | 1BR,1BA | $875 |
Westwinds Village | 1/1, 519 sq ft | 1BR,1BA | $895 |
The Paddocks Apartments | A1 U | 1BR,1BA | $900 |
Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $924 |
Sunset | 1 Bedroom Apartment Home | 1BR,1BA | $945 |
University Gardens | A1 | 1BR,1BA | $945 |
Sandpiper Apartments | One Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Odessa, TX
As of July 10, 2025 the best value apartment in the Odessa area is the $1.37 price per square foot 2x2 Model at Cru Apartments in the starting from $1,420. The second greatest value Odessa apartment is the 2 Bedroom Apartment Home Model at Brookview starting at $1,229 with a $1.37 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. |
---|---|---|---|
Cru Apartments | 2x2 | 2BR,2BA | $1.37 |
Brookview | 2 Bedroom Apartment Home | 2BR,1.5BA | $1.37 |
Faudree Ranch Apartments | Prairie | 1BR,1BA | $1.66 |
Fairgreen | 1x1 | 1BR,1BA | $1.49 |
Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $1.27 |
Magnolia Living - 62 and Over | One Bedroom | 1BR,1BA | $0.71 |
The Woodlands Apartment Homes | Edwards-Classic | 1BR,1BA | $1.61 |
Pebblebend Apartments | B | 1BR,1BA | $1.62 |
Madison Square | 1 Bedroom Apartment Home | 1BR,1BA | $1.60 |
Cimarron Place Apartments | A | 1BR,1BA | $1.47 |
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Odessa Overview
Since the early twentieth century, Odessa has been considered a “boom town” for its access to oil and other natural resources. This has led it to become one of the most bullish job markets in the entire country. The city is growing rapidly and the community comes together throughout the year with fun and free festivals and other activities. This expansion is creating a melting-pot effect as more people begin to flow in from all over the country making it an exciting time to own or rent an apartment in Odessa!
Why live in Odessa, TX?
People search for apartments in Odessa to be a part of one of the fastest-growing small cities in America. Still known as an “energy town” with its sister city to the north, Midland, the boom in this industry has continued to influence record-high job growth, up to 60%. Residents have also seen their incomes increase by almost 100% since 2000. As the rest of the country relies heavily on natural resources, Odessa’s in the prime location within the Permian Basin to continue to be its supplier.
Best Local Schools in Odessa, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Odessa, TX Rentals by Map
See the most popular apartments and homes in Odessa, TX
Getting Around Odessa, TX
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Odessa Apartments
How much is rent for a Cheap One Bedroom Odessa Apartment?
The lowest price for a Cheap One Bedroom Odessa Apartment is $506 at Magnolia Living - 62 and Over.
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 $1,160 at Alara.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.