Rental numbers for the Odessa, TX metro
The typical home here runs -$761 a month at 7.78% with 25% down, breaking even at about 0.9%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.8%.
- Gross yield
- 7.4%
- typical home, Zillow
- Median ZIP yield
- 6.8%
- 4 ZIPs with full data
- Cash flow
- -$761/mo
- at 7.78%, 25% down
- Typical price
- $253,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,561/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
7 with published figures
| 79763Odessa | $212,000 | $1,850 | 10.5% | 5.4% | -$187 | n/a |
| 79764Odessa | $232,000 | $1,510* | 7.8% | 3.1% | -$652 | n/a |
| 79766Odessa | $286,000 | $1,690* | 7.1% | 2.8% | -$881 | n/a |
| 79761Odessa | $208,000 | $1,211 | 7.0% | 2.2% | -$742 | -3.5% |
| 79762Odessa | $261,000 | $1,434 | 6.6% | 2.0% | -$961 | -1.0% |
| 79765Odessa | $333,000 | $1,814 | 6.5% | 1.9% | -$1,259 | +1.7% |
| 79758Gardendale | $383,000 | $1,720* | 5.4% | 1.7% | -$1,514 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.4%
- Rent, 12 months
- -1.1%
- Rent minus price growth
- -5.5 pts
- Property tax
- 1.24%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $222,098 | $1,143 |
| Aug 2022 | $219,541 | $1,327 |
| Aug 2023 | $222,062 | $1,505 |
| Aug 2024 | $235,561 | $1,538 |
| Aug 2025 | $242,649 | $1,578 |
| Aug 2026 | $253,302 | $1,561 |
Counties
- Ector County, TX6.8% median yield
Tools
Questions
- Is the Odessa, TX metro good for rental property?
- The typical home here runs -$761 a month at 7.78% with 25% down, breaking even at about 0.9%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Odessa, TX metro have the highest rental yield?
- 79763 (Odessa) at 10.5%, 79761 (Odessa) at 7.0%, 79762 (Odessa) at 6.6%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.