Home Price Key
Affordable
Average
Expensive
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 $203,202, lower than the Texas average of $235,268.
The average cost of rent is $1,187/mo in Odessa, primarily driven by the current value of real estate in the Odessa area. While nearly 45.81% of residents own their homes outright in Odessa, 32.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Odessa is $6,395 per month. Households that rent pay about 18.56% of their income on rent here. Odessa's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- West Odessa, TX: less expensive homes
- Gardendale, TX: higher priced homes
- Goldsmith, TX: less expensive homes
- Notrees, TX: less expensive homes
- Kermit, TX: less expensive homes
- Wink, TX: less expensive homes
- Garden City, TX: equally priced homes
- Mentone, TX: equally priced homes
- Sterling City, TX: less expensive homes
- Red Bluff, TX: less expensive homes
Cities with Similar Populations
- Nampa, ID: higher priced homes
- Naples, FL: higher priced homes
- Mount Vernon, NY: higher priced homes
- Murrieta, CA: higher priced homes
- Myrtle Beach, SC: higher priced homes
- Nashville, TN: higher priced homes
- Needmore, TX: less expensive homes
- Metairie, LA: higher priced homes
- Mission Viejo, CA: higher priced homes
- Mission, TX: less expensive homes
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