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Odessa city, TX

ZIP 79762 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79762

Median Home Value
$218,900
Median Rent
$1,132
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,406/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79762 in Odessa city, TX, a household would need roughly $60,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,406. That sits below the local median household income ($74,560), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.3%-12% vs US avg
x
Vacancy Rate
8.8%-14% vs US avg
x
Broadband Access
92.1%+6% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
22.8%-54% vs US avg
x
Mortgage-Free
45.5%+19% vs US avg
x
$218,900
Home Value
$1,132
Rent
1977
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached59.6%
  • 1-unit attached2.4%
  • 2-9 units17.4%
  • 10+ units16.8%
  • Mobile home & other3.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$218,900
Median rent$1,132
Owner-occupied57.3%
Vacant8.8%
Price-to-income2.9x
Est. income to buy$60,000