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Odessa city, TX

ZIP 79766 — 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 79766

Median Home Value
$151,200
Median Rent
$851
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$971/mo PITI).

14%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.8 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 79766 in Odessa city, TX, a household would need roughly $42,000 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 $971. That sits below the local median household income ($70,965), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
80.4%+23% vs US avg
x
Vacancy Rate
3.9%-62% vs US avg
x
Broadband Access
82.2%-6% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
3.1%-55% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
52.3%+37% vs US avg
x
$151,200
Home Value
$851
Rent
2000
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached50.5%
  • 1-unit attached0.5%
  • 2-9 units0.9%
  • 10+ units0.0%
  • Mobile home & other48.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,200
Median rent$851
Owner-occupied80.4%
Vacant3.9%
Price-to-income2.1x
Est. income to buy$42,000