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These days, finding an affordable place to live in the Odessa area can be challenging. Home prices in Odessa are now at a median cost of $148,327, lower than the Minnesota average of $345,793.
The average cost of rent is $651/mo in Odessa, primarily driven by the current value of real estate in the Odessa area. In Odessa, 12.67% of households rent, and 64.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Odessa is $7,981 per month. Households that rent pay about 8.16% of their income on rent here. Odessa’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ortonville, MN: higher priced homes
- Correll, MN: less expensive homes
- Lagoona Beach, MN: higher priced homes
- Rosen, MN: less expensive homes
- Big Stone City, SD: higher priced homes
- Bellingham, MN: equally priced homes
- Clinton, MN: higher priced homes
- Louisburg, MN: higher priced homes
- Appleton, MN: less expensive homes
- Milbank, SD: higher priced homes
Cities with Similar Populations
- Naomi, GA: higher priced homes
- Mount Pelia, TN: higher priced homes
- Mount Rozell, AL: higher priced homes
- Mount Sterling, IN: higher priced homes
- Mount Union, LA: less expensive homes
- Mountain Home, UT: higher priced homes
- Mountain Mesa, CA: higher priced homes
- Mountain Top, AR: less expensive homes
- Mountain, WV: less expensive homes
- Munsell, MO: higher priced homes
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