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ZIP Code · TX

ZIP 79762

Part of Odessa, TX
Pop. 39,927·Ector County·502nd most expensive ZIP in Texas
Median rent (all units)
$1,389/mo
Year-over-Year
-10.8%
Month-over-Month
-4.0%
vs US Median
-$576
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 79762 · $1,389
More affordable than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,310
1 BR
$1,340
2 BR
$1,680
3 BR
$2,010
4 BR+
$2,330
Research median
$1,680/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: July 20, 2026

Annual cost
$16,668/yr
At $1,389/mo median
Location
CityOdessa
StateTX
CountyEctor County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 10.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-10.8% YoY, -4.0% MoM), not inventory.
Demographics

Who lives here

ZIP 79762 (Odessa, TX) is majority owner-occupied, has a large share of families with children, 22.1% of residents hold a bachelor's degree or higher.

Population
39,927
Median income
$75,272
Median age
31.5
Renters
44.1%
Age distribution
28.9%
27%
24.1%
Under 1828.9%
18–3427%
35–5424.1%
55–649.6%
65+10.3%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
53%
54.3%
White53%
Black4.6%
Hispanic54.3%
Asian1.3%
Education (25+)
15.3%
30.3%
32.3%
22.1%
No HS diploma15.3%
HS diploma30.3%
Some college32.3%
Bachelor's+22.1%
Housing tenure
55.9%
44.1%
Owner55.9%
Renter44.1%

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

2021 vs 2026

How ZIP 79762 in Odessa, TX has changed in 5 years

Income
$68,281 → $75,272
up 10.2%
Population
40,728 → 39,927
down 2.0%
Renter share
43.1% → 44.1%
+1.0 pts
Bachelor's+
20.8% → 22.1%
+1.3 pts
Median age
31 → 31.5
+0.5 yrs

Census figures show median household income at $75,272 today, compared with $68,281 five years earlier. The population has contracted by 2.0% since 2021, moving from about 40,728 residents to roughly 39,927.

Community

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Local insights

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About renting in ZIP 79762

Last updated: July 20, 2026

ZIP code 79762 covers Odessa, TX. The median rent here is $1,389/mo as of July 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,680/mo.

At 22% of local median household income ($75,272/yr), ZIP 79762 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 10.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 79762?

As of July 20, 2026, the median monthly rent in ZIP 79762 (Odessa, TX) is $1,389. This is based on aggregated data from public sources and community submissions.

How does ZIP 79762 rent compare to the US average?

ZIP 79762's median rent of $1,389/mo is $576 (29%) below the US national median of $1,965/mo.

How does ZIP 79762 compare to other ZIPs in Texas?

ZIP 79762 is among the more affordable ZIP codes in Texas, ranking #502 out of 689 ZIPs at $1,389/mo.

How much income do you need to rent in ZIP 79762?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,389/mo in ZIP 79762. The local median household income is $75,272/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 79762?

Rent in ZIP 79762 has decreased 10.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 79762 an affordable place to rent?

ZIP 79762 is considered very affordable for renters. At $1,389/mo, rent takes approximately 22% of the local median household income ($75,272/yr). The standard benchmark is 30%. ZIP 79762 falls comfortably within that range.

What percentage of ZIP 79762 residents rent vs. own?

According to Census data, approximately 44.1% of ZIP 79762 households are renters, while 55.9% are owner-occupied. ZIP 79762 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 79762 compare to the rest of Odessa?

ZIP 79762 is more affordable than Odessa overall. At $1,389/mo, it's $148 below the Odessa citywide median of $1,537/mo.

When was rent data for ZIP 79762 last updated?

Rent data for ZIP 79762 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,389/mo, rent takes ~22% of ZIP 79762's median household income ($75,272/yr). The standard benchmark is 30%.

ZIP 79762 22%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 79762 (Odessa, TX)

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