
Cheap Homes for Rent in Odessa, NE from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Odessa.


1313 N Walnut St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

74978 444th Rd

2703 W 24th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

418 1/2 N Wheeler Ave

4664 US-30
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1111 W 5th St
Odessa, NE Local Guide

How much does it cost to rent a home in Odessa?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Odessa 2 Bedroom Homes for Rent | $1,739 | $650 | $2,500 |
Odessa 3 Bedroom Homes for Rent | $1,779 | $950 | $2,600 |
Odessa 4 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Odessa 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Odessa
Explore Odessa
Odessa, NE Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Odessa Apartments for Rent and Nearby
 The cheapest available apartment rental in Odessa, NE is a 1 Bed unit found at Oak View Apartments priced from $600. Burlington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Odessa apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $600 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $645 |
Old Walnut | Studio | Studio,1BA | $645 |
Best Value Apartments for Rent in Odessa, NE and Nearby
As of May 17, 2025 the best value apartment in the Odessa area is the $1.32 price per square foot 2 Bed, 2 Bath Model at Residences at Oak Pointe in the starting from $1,450. The second greatest value Odessa apartment is the Three Bedroom Two Bath Model at Village at Kearney Apartments starting at $1,000 with a $0.97 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. |
---|---|---|---|
Residences at Oak Pointe | 2 Bed, 2 Bath | 2BR,2BA | $1.32 |
Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.97 |
Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.00 |
Westside | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Prairie Heights Apartments | The Oakland | 1BR,1BA | $1.70 |
Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
Water Tower Residences | Studio | Studio ,1BA | $1.63 |
Kearney Apartment Homes | Studio | Studio ,1BA | $1.70 |
Old Walnut | Studio | Studio ,1BA | $1.59 |
Quick Rent Budget Calculator
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.
Frequently Asked Questions about Odessa
What type of rentals are currently available in Odessa?
There are currently 43 Apartments for Rent in Odessa, NE with pricing that ranges from $600 to $2,995. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Odessa ranging from $650 to $2,600.
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 $650 to $2,600 with an average monthly rent of $1,496.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.