ZIP Code · TX

ZIP 79765

Part of Odessa, TX

Pop. 25,904·Ector County·169th most expensive ZIP in Texas

Median rent (all units)

$1,823/mo

Year-over-Year

+3.3%

Month-over-Month

+0.6%

vs US Median

-$109

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 79765 · $1,823

More expensive than 51% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,490

1 BR

$1,530

2 BR

$1,910

3 BR

$2,320

4 BR+

$2,680

Research median

$1,910/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

January. Asking rents in ZIP 79765 usually run 1.5% below trend in January and 2.3% above it in August, about $69 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 79765 is at its highest level since Zillow's records here began in September 2021.

Past year vs. the rest of Texas

Rent in ZIP 79765 changed +3.3% 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 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($104,965) is $2,624 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,320); a 4-bedroom is $2,680.

Rank in Odessa

3rd cheapest of 3 ZIP codes in Odessa.

Cheaper nearby

ZIP 79762, 6 miles away, rents for 19% less ($1,471/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 79765. 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

$21,876/yr

At $1,823/mo median

Location

CityOdessa

StateTX

CountyEctor County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 79765 (Odessa, TX) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 28.1% of residents hold a bachelor's degree or higher.

Population

25,904

Median income

$104,965

Median age

30.5

Renters

35.4%

Age distribution

30.2%

32.7%

26.8%

Under 1830.2%

18–3432.7%

35–5426.8%

55–644.6%

65+5.8%

Gender

53.1%

46.9%

Male53.1%

Female46.9%

Race & ethnicity

57.5%

47.8%

White57.5%

Black6.8%

Hispanic47.8%

Asian3.7%

Education (25+)

30.4%

32.4%

28.1%

No HS diploma9.1%

HS diploma30.4%

Some college32.4%

Bachelor's+28.1%

Housing tenure

64.6%

35.4%

Owner64.6%

Renter35.4%

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

2022 vs 2026

How ZIP 79765 in Odessa, TX has changed in 5 years

Rent

$1,450 → $1,823

up 25.7%

Income

$90,852 → $104,965

up 15.5%

Population

20,155 → 25,904

up 28.5%

Renter share

33.2% → 35.4%

+2.2 pts

Bachelor's+

29.3% → 28.1%

-1.2 pts

Rent in ZIP 79765 in Odessa, TX has climbed 25.7% since 2022, going from about $1,450 per month to roughly $1,823 today. Household income in the area moved from $90,852 to $104,965 across the same window, up 15.5% versus 2021. Rent outpaced income growth by roughly 10.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 20,155 to 25,904 between 2021 and 2024, a 28.5% change. About 35.4% of households rent today, against 33.2% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 79765 in Odessa, TX look reasonable against where the market sat half a decade ago.

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About renting in ZIP 79765

Last updated: October 17, 2026

ZIP code 79765 covers Odessa, TX. The median rent here is $1,823/mo as of October 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,910/mo.

At 21% of local median household income ($104,965/yr), ZIP 79765 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 79765?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,823/mo in ZIP 79765. The local median household income is $104,965/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 79765?

Rent in ZIP 79765 has risen 3.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2021.

When is the cheapest time to rent in ZIP 79765?

Asking rents in ZIP 79765 are usually lowest in January, about 1.5% below their yearly trend, and highest in August, about 2.3% above it. At today's median that is a gap of roughly $69 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 79765 compare to other ZIPs in Texas?

ZIP 79765 is one of the pricier among Texas ZIP codes for rent, ranking #169 of 693 at $1,823/mo. Over the year to September 2026, rent in ZIP 79765 changed +3.3%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.