Cheap Apartments for Rent in Odessa, TX from $500 (20 Rentals)

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Marquee West
Studio to 3 Bedroom Apartments

Marquee West

1111 W 13th StOdessa, TX 79763
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The Palms II
Studio to 2 Bedroom Apartments

The Palms II

613 Express WayOdessa, TX 79761
Corporate Housing
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Sierra Ridge
1 to 2 Bedroom Apartments

Sierra Ridge

1322 E 7th StOdessa, TX 79761
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The Grove Apartments
1 to 3 Bedroom Apartments

The Grove Apartments

401 Lasseter AveOdessa, TX 79763
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Kona Kai Apartments
1 to 2 Bedroom Apartments

Kona Kai Apartments

1315 W 24th StOdessa, TX 79763
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Springwood
1 to 2 Bedroom Apartments

Springwood

1201 Harless AveOdessa, TX 79763
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Sierra Blanca
1 Bedroom Apartments

Sierra Blanca

1001 W 19th StOdessa, TX 79763
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Odessa, TX Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Available Odessa Apartments for Rent

 

The cheapest available apartment rental in Odessa, TX is a Studio unit found at Brady Station Apartments priced from $824. Westwinds Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Odessa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brady Station ApartmentsThe BlairStudio,1BA$824
Westwinds Village1/1, 519 sq ft1BR,1BA$895
The Paddocks ApartmentsA1 U1BR,1BA$900
Alturas PenbrookRise1BR,1BA$905
Alturas EleventhRise1BR,1BA$910

Best Value Apartments for Rent in Odessa, TX

As of November 17, 2025 the best value apartment in the Odessa area is the $1.30 price per square foot Two Bedroom Townhome Model at Country Crest Townhomes in the starting from $1,460. The second greatest value Odessa apartment is the Caprock Model at Faudree Ranch Apartments starting at $1,629 with a $1.48 price per square foot . 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.
Country Crest TownhomesTwo Bedroom Townhome2BR,1.5BA$1.30
Faudree Ranch ApartmentsCaprock2BR,2BA$1.48
Cru Apartments2x22BR,2BA$1.38
Hemingway House ApartmentsD2BR,2BA$1.51
Golden Crest2x12BR,1BA$1.50
Fairgreen1x11BR,1BA$1.29
Westwood SquareOne Bedroom Apartment Home1BR,1BA$1.27
Brookview1 Bedroom Apartment Home1BR,1BA$1.55
The Woodlands Apartment HomesEdwards-Classic1BR,1BA$1.61
Madison Square1 Bedroom Apartment Home1BR,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.

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

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Getting Around Odessa, TX

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Advenir at Legado Ranch listed at $1,134.

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

The lowest price for a Cheap One Bedroom Odessa Apartment is $824 at Brady Station Apartments.

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 $1,005 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 Brookview and starts from $1,489.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.