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Cheap Apartments for Rent in Odessa, TX from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Odessa.
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$558 - $1,6561 to 2 Bedroom Apartments Available Now
Magnolia Living
4000 N San Antonio StOdessa, TX 79765
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$700 - $1,1801 to 2 Bedroom Apartments Contact Us For Availability
Quail Run
5335 N Grandview AveOdessa, TX 79762
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$735 - $2,0481 to 2 Bedroom Apartments Available Now
Brady Station Apartments
4401 E 52nd StOdessa, TX 79762
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$850 - $2,0001 to 2 Bedroom Apartments Available Now
Trestles Condominiums
6701 EASTRIDGEOdessa, TX 79762
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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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$895 - $1,2551 to 2 Bedroom Apartments Available Now
Alturas Penbrook
3965 Penbrook StOdessa, TX 79762
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Rent Specials
$900 - $1,8001 to 2 Bedroom Apartments Available Now
The Paddocks Apartments
2100 E 10th StOdessa, TX 79761
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1448 Brittany Ln
OdessaTX79761
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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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1 to 2 Bedroom Apartments
Park Plaza Town Homes & Corporate Apartments
2508 E 11th StOdessa, TX 79761
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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6909 Boss Ranch Rd
OdessaTX79765
Showing Results 1-23, Page 1 of 1
Odessa, TX Local Guide
Entrance sign at Odessa College by Wiki User: Billy Hathorn is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Odessa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Odessa Studio Apartments | $1,353 | $1,184 | $1,799 |
| Cheap Odessa 1 Bedroom Apartments | $1,181 | $536 | $1,860 |
| Cheap Odessa 2 Bedroom Apartments | $1,505 | $662 | $2,299 |
| Cheap Odessa 3 Bedroom Apartments | $1,964 | $1,026 | $2,570 |
Browse Top Apartments in Odessa
See all Apartments in OdessaExplore Odessa
Odessa, TX Local Guide
Written By:
Staff Writer Local Guide Expert
- Nearby Cities
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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 Vera in Odessa priced from $536. Sunset has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Odessa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vera in Odessa | A1 | 1BR,1BA | $536 |
| Sunset | 1 Bedroom Apartment Home | 1BR,1BA | $875 |
| Westwinds Village | 1/1, 519 sq ft | 1BR,1BA | $895 |
| The Paddocks Apartments | A1 U | 1BR,1BA | $900 |
| Alturas Eleventh | Rise | 1BR,1BA | $900 |
Best Value Apartments for Rent in Odessa, TX
As of September 19, 2025 the best value apartment in the Odessa area is the $1.52 price per square foot 6160 Denis Ln Model at 6160 Denis Ln, Unit 6160 Denis Lane in the starting from $1,950. The second greatest value Odessa apartment is the Two Bedroom Townhome Model at Country Crest Townhomes starting at $1,460 with a $1.30 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. |
|---|---|---|---|
| 6160 Denis Ln, Unit 6160 Denis Lane | 6160 Denis Ln | 2BR,2BA | $1.52 |
| Country Crest Townhomes | Two Bedroom Townhome | 2BR,1.5BA | $1.30 |
| Cru Apartments | 2x2 | 2BR,2BA | $1.38 |
| Tuscany at Faudree | Arezzo | 2BR,2BA | $1.59 |
| Fairgreen | 2x1 | 2BR,1.5BA | $1.30 |
| Hemingway House Apartments | B | 1BR,1BA | $1.36 |
| Westwood Square | One Bedroom Apartment Home | 1BR,1BA | $1.27 |
| Vera in Odessa | A1 | 1BR,1BA | $0.75 |
| Brookview | 1 Bedroom Apartment Home | 1BR,1BA | $1.60 |
| Madison Square | 1 Bedroom Apartment Home | 1BR,1BA | $1.60 |
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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®
32 / 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
What is the Cheapest Studio apartment in Odessa?
Currently the most affordable Cheap Studio Apartment in Odessa is at The Penwell listed at $1,250.
How much is rent for a Cheap One Bedroom Odessa Apartment?
The lowest price for a Cheap One Bedroom Odessa Apartment is $536 at Vera in Odessa.
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 $995 at Alturas Penbrook.
What is the most affordable Odessa Three Bedroom Apartment?
The best deal on a cheap Odessa Three Bedroom Apartment rental is at Alara and starts from $1,420.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.