Low Income Apartments and Affordable Housing For Rent in Odessa, TX

Discover affordable housing in Odessa where there are 20+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Sage Brush Village

3250 W 8th St, Odessa, Texas 79763

Madison Square

2201 Rocky Lane Road, Odessa, Texas 79762

Eighty Seventh Apartment Homes

8640 Hunter Miller Way, Odessa, Texas 79765

Manor Crest Apartments

1401 San Andres Dr, Odessa, Texas 79763

Arbor Oaks Apts.

1000 E. Monahans Street, Odessa, Texas 79761

Key West Senior Village

1600 West Clements Street, Odessa, Texas 79763

Magnolia Senior Living

4000 N. San Antonio St., Odessa, Texas 79765

Vera in Odessa

8401 Hwy 191, Odessa, Texas 79765

Landmark Apartments

1101 North Kelly Avenue, Odessa, Texas 79763

Sedona Springs Apartments

920 W. University Blvd., Odessa, Texas 79764

Lapromesa

4590 N Texas Ave, Odessa, Texas 79762

Chaparral Village

1451 S Grant Ave, Odessa, Texas 79761

Westwood Square

Westwood Square, Odessa, Texas 79764

Disciples Village II

2440 E 11th St, Odessa, Texas 79761

The Grove Apartments

401 Lasseter Avenue, Odessa, Texas 79763

Woodcrest Apartments

2550 W 8th St., Odessa, Texas 79763

Third Edition Apartments

10th St, Odessa, Texas 79763

Arbor Terrace Townhomes

1101 Fitch Ave, Odessa, Texas 79761

Landmark

1101 N Kelly Ave, Odessa, Texas 79763

Desert Haven

2250 W 15th St, Odessa, Texas 79763

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Odessa, Texas
$28.05/hour
$20.80 (+287%) more than Texas minimum wage and $20.80 (+287%) more than the Federal minimum wage.
Learn More About Odessa, Texas Affordable Housing ↓

What HUD offices serve Odessa, Texas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Odessa, Texas.

Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Odessa.

How many renters live in Odessa, Texas?

The City of Odessa has 116,669 people living in 47,752 households.

There are 37,035 renters living in 18,996 renter households in this City. Renters make up 31.74 percent of the population living in Odessa.

What is the rental market like in Odessa, Texas?

There are an estimated 47,825 housing units in the Odessa area. Of these, 19,623 units are rental homes, making up 41 percent of the housing market. For every renter household in Odessa, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Odessa?

The rental vacancy rate in Odessa is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Odessa for each bedroom size?

Occupied Rental Units by Size in Odessa
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,353 5,478 5,780 4,455 828
Occupied Rental Units by Size in Odessa

A large number of apartments in Odessa have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Odessa are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Odessa

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,120 to $2,108. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,120
One BR $1,127
Two BR $1,481
Three BR $1,791
Four BR $2,108
2024 Fair Market Rents in Odessa, Texas

How many units are rented at Fair Market Rent (FMR) in Odessa?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 661 49 percent
One BR 2,795 51 percent
Two BR 4,266 74 percent
Rental Units Below FMR in Odessa, Texas

How many affordable rental units are in Odessa?

There are a variety of federal affordable housing programs serving households in Odessa, Texas including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,486
Public Housing 73
Section 8 Project-Based Rental Assistance 502
Section 202 Supportive Housing for the Elderly 100
Tracked Units by Federal Program in Odessa, Texas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Odessa, Texas

Odessa features 830 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Odessa, Texas

There are 1,249 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Odessa.

Housing Choice Vouchers in Odessa, Texas

On average, Section 8 Housing Choice vouchers pay Odessa landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Odessa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Odessa, Texas for a two-bedroom apartment is between $1,333 and $1,629.

Sourced from federal housing data and AffordableHousingOnline.com research.