Cheap Apartments for Rent in Odessa, TX from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Odessa.

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Cielo Vista Townhomes
Studio to 2 Bedroom Apartments

Cielo Vista Townhomes

2320 E 21st StOdessa, TX 79761
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The Palms II
Studio to 1 Bedroom Apartments

The Palms II

613 Express WayOdessa, TX 79761
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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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Village Place
1 to 4 Bedroom Apartments

Village Place

1220 Adams AveOdessa, TX 79761
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Marquee West
1 to 2 Bedroom Apartments

Marquee West

1111 W 13th StOdessa, TX 79763
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Wyndchase
1 Bedroom Apartments

Wyndchase

4100 E 50th StOdessa, TX 79762
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Stanley Heights
Studio to 2 Bedroom Apartments

Stanley Heights

2413 Idlewood LnOdessa, TX 79761
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Alturas Penbrook
1 to 2 Bedroom Apartments

Alturas Penbrook

3965 Penbrook StOdessa, TX 79762
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Showing Results 1-38, Page 1 of 1

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 1 Bed unit found at Magnolia Living - 55 and Over priced from $506. ARBOR OAKS has the second lowest priced unit, which is a 3 Beds apartment currently listed from $824. Here is today’s list of the most affordable Odessa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Magnolia Living - 55 and OverOne Bedroom1BR,1BA$506
ARBOR OAKSAO-33BR,2BA$824
Trestles CondominiumsOne Bedroom1BR,1BA$850
Brady Station ApartmentsThe Blair1BR,1BA$868
Westwinds Village1/1, 519 sq ft1BR,1BA$895
Ashford Odessa Square1X11BR,1BA$899
Westwood SquareOne Bedroom Apartment Home1BR,1BA$899
Cimarron Place ApartmentsB1BR,1BA$900
The Paddocks ApartmentsA1 U1BR,1BA$900
AlaraA11BR,1BA$935

Best Value Apartments for Rent in Odessa, TX

As of February 22, 2025 the best value apartment in the Odessa area is the $1.36 price per square foot E Model at Cimarron Place Apartments in the starting from $1,500. The second greatest value Odessa apartment is the AO-2 Model at ARBOR OAKS starting at $943 with a $0.87 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.
Cimarron Place ApartmentsE2BR,2.5BA$1.36
ARBOR OAKSAO-22BR,2BA$0.87
Brookview2 Bedroom Apartment Home2BR,1.5BA$1.45
Village Place3 Bedroom3BR,1BA$1.37
1101 Milburn Ave, Unit 3 Bedroom1101 Milburn Ave3BR,1BA$1.39
The Woodlands Apartment HomesBrazos-Classic2BR,1BA$1.48
Cru Apartments1x11BR,1BA$1.34
Westwood SquareOne Bedroom Apartment Home1BR,1BA$1.24
Magnolia Living - 55 and OverOne Bedroom1BR,1BA$0.71
Ashford Odessa Square1X11BR,1BA$1.53

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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

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

Explore Odessa, TX Rentals by Map

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See the most popular apartments and homes in Odessa, TX

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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

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 $1,124.

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 - 55 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 $943 at ARBOR OAKS.

What is the most affordable Odessa Three Bedroom Apartment?

The best deal on a cheap Odessa Three Bedroom Apartment rental is at ARBOR OAKS and starts from $824.

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.

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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Signing Your Apartment Lease: The Basics

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