Here's what it costs to live in Odessa, Texas, based on the latest US government data. Renters pay a median of $1,315 per month, while the typical home is valued around $223,100. Households earn a median of $73,472 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$73,472
Median Income / yr
Census ACS
$1,315
Median Rent / mo
Census ACS
$223,100
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,245
HUD · FY2024
1BR Fair Market Rent
$1,269
HUD · FY2024
2BR Fair Market Rent
$1,595
HUD · FY2024
3BR Fair Market Rent
$1,912
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
115,322
Latest estimate
Median Age
31.1 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
9
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,203
Per month
Avg Home Value
$229,744
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 79706 | — | $1,110 | $243,500 |
| ZIP 79707 | — | $1,368 | $372,600 |
| ZIP 79758 | — | — | $371,100 |
| ZIP 79761 | — | $1,229 | $139,900 |
| ZIP 79762 | — | $1,322 | $208,400 |
| ZIP 79763 | — | $1,085 | $116,900 |
| ZIP 79764 | — | $933 | $156,100 |
| ZIP 79765 | — | $1,514 | $292,900 |
| ZIP 79766 | — | $1,065 | $166,300 |
January Avg
45°F
July Avg
83°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
29.0
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
81.7%
The cost of living index for Odessa is not yet available.
The median gross rent in Odessa is $1,315 per month according to US Census ACS data.
The median household income in Odessa is $73,472 per year.
The median home value in Odessa is $223,100 based on the latest Census ACS survey.
Air quality data for Odessa is not yet available.
Tax data for Texas is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology