ZIP Code · TX

ZIP 79761

Part of Odessa, TX

Pop. 30,164·Ector County·555th most expensive ZIP in Texas

Median rent (all units)

$1,311/mo

Year-over-Year

-3.0%

Month-over-Month

Stable

vs US Median

-$621

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 79761 · $1,311

More affordable than 86% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,220

1 BR

$1,240

2 BR

$1,560

3 BR

$1,870

4 BR+

$2,160

Research median

$1,560/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 79761 usually run 1.4% below trend in December and 1.1% above it in April, about $33 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 79761 is 5.5% below its high of $1,388 in June 2025, at $1,311 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 79761 changed -3.0% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($68,228) is $1,706 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,560); a 3-bedroom is $1,870.

Rank in Odessa

1st cheapest of 3 ZIP codes in Odessa.

From Zillow's monthly rent index (ZORI) for ZIP 79761. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,732/yr

At $1,311/mo median

Location

CityOdessa

StateTX

CountyEctor County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 3.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-3.0% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 79761 (Odessa, TX) is majority owner-occupied, has a large share of families with children, 13.2% of residents hold a bachelor's degree or higher.

Population

30,164

Median income

$68,228

Median age

30.2

Renters

41.7%

Age distribution

30.3%

25.9%

24.8%

Under 1830.3%

18–3425.9%

35–5424.8%

55–648%

65+11.1%

Gender

50.7%

49.3%

Male50.7%

Female49.3%

Race & ethnicity

43.9%

69.9%

White43.9%

Black8.8%

Hispanic69.9%

Asian1%

Education (25+)

23.6%

30.1%

33%

13.2%

No HS diploma23.6%

HS diploma30.1%

Some college33%

Bachelor's+13.2%

Housing tenure

58.3%

41.7%

Owner58.3%

Renter41.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 79761 in Odessa, TX has changed in 5 years

Rent

$986 → $1,311

up 33.0%

Income

$59,538 → $68,228

up 14.6%

Population

31,566 → 30,164

down 4.4%

Renter share

43% → 41.7%

-1.3 pts

Bachelor's+

14.9% → 13.2%

-1.7 pts

Median age

29.6 → 30.2

+0.6 yrs

Across the past five years, the going rent in ZIP 79761 in Odessa, TX has shifted from $986 to $1,311, up 33.0% since 2022. Local incomes tracked alongside that move, going from a median of $59,538 in 2021 to $68,228 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 79761 in Odessa, TX losing about 1,402 residents over the five-year window, down 4.4% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 79761 in Odessa, TX market of 2022.

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About renting in ZIP 79761

Last updated: October 17, 2026

ZIP code 79761 covers Odessa, TX. The median rent here is $1,311/mo as of October 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,560/mo.

At 23% of local median household income ($68,228/yr), ZIP 79761 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 79761?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,311/mo in ZIP 79761. The local median household income is $68,228/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 79761?

Rent in ZIP 79761 has fallen 3.0% over the past year as of September 2026. It sits 5.5% below its high of $1,388 in June 2025.

When is the cheapest time to rent in ZIP 79761?

Asking rents in ZIP 79761 are usually lowest in December, about 1.4% below their yearly trend, and highest in April, about 1.1% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 79761 compare to other ZIPs in Texas?

ZIP 79761 is one of the more affordable among Texas ZIP codes for rent, ranking #555 of 693 at $1,311/mo. Over the year to September 2026, rent in ZIP 79761 changed -3.0%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.