Odessa, TX MSA
FY 2026 HUD Fair Market Rents for the Odessa, TX MSA metro area. Population: 162,300.
Fair Market Rents (2026)
Studio
National avg: $893
$1,245/mo
↓ 3.2% YoY
+39% vs US
1 Bedroom
National avg: $959
$1,269/mo
↓ 2.0% YoY
+32% vs US
2 Bedroom
National avg: $1,175
$1,595/mo
↓ 4.4% YoY
+36% vs US
3 Bedroom
National avg: $1,525
$1,912/mo
↓ 4.9% YoY
+25% vs US
4 Bedroom
National avg: $1,756
$2,213/mo
↓ 6.2% YoY
+26% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,286 | $1,245 | $-41 (-3.2%) |
| 1 Bedroom | $1,295 | $1,269 | $-26 (-2.0%) |
| 2 Bedroom | $1,669 | $1,595 | $-74 (-4.4%) |
| 3 Bedroom | $2,011 | $1,912 | $-99 (-4.9%) |
| 4 Bedroom | $2,359 | $2,213 | $-146 (-6.2%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$50,760
$4,230/month gross
Required annual income for 2 BR
$63,800
$5,317/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.