salaryRent is higher than in 84% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are long, about 36.2 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $98,200 a year. That is $47 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 386 of 479 cities from cheapest to most expensive.
How much do households earn in Odessa?
Share of households by yearly income. 44.5% of households earn $100,000 or more.
Rent by apartment size in Odessa
| Size | Odessa | U.S. average |
|---|---|---|
| 1 bedroom | $1,817 | $1,324 |
| 2 bedrooms | $1,897 | $1,509 |
| 3 bedrooms | $2,521 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Odessa overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Odessa, so the Florida figure is shown.
Taxes and bills in Odessa
Life in Odessa
Is it cheaper to rent or buy in Odessa?
Renting is cheaper right now: about $994 a month less.
Owning assumes a typical $497,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,710 for the down payment.
Frequently asked questions
What is the average rent in Odessa, FL?
Renting in Odessa costs a median of about $2,455 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Odessa?
To keep rent under 30% of income, you need about $98,200 a year, or $47 an hour at a full-time job.
Is Odessa cheap or expensive?
Odessa is rated OK: rent takes 23.2% of the typical household income of $127,054. It ranks 386th cheapest of 479 Florida cities we track.
How much are property taxes in Odessa?
The median homeowner in Odessa pays $3,756 a year in property taxes, about 0.76% of the median home value.
Is Odessa more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Odessa?
The median home value in Odessa is $497,100, about 3.9 times the typical yearly household income.
8,381 people live in Odessa. Numbers are typical (middle) values.