Odessa, Texas Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 23, 2023
Odessa Short-Term Rental Regulations
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Short Term City Rating7.3
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Competition
9.5 -
Real Estate Cost
8.9 -
STR Regulations
N/A -
Seasonality
8.8 -
Rental Rates
2.1
Odessa, Texas Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 123,334
- STR License Required
- No
- Tourist Season
- County
- Ector
- Airports
- Odessa Schlemeyer Field (VWH)
- Midland International Airport (MAF)
Want to learn more about Odessa?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Odessa rental analytics guide if you're interested in data on the Odessa rental market.
Review the popular activities that hosts include in their property positing in Odessa.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Odessa guests.
Interested in other Texas cities?
Check out the Texas Airbnb rules directory
What makes Odessa a great place to invest?
- Historic Downtown Odessa: Stroll through the charming, revitalized downtown area, brimming with unique shops, delightful eateries, and beautifully preserved historic buildings. Immerse yourself in the vibrant culture and rich history that make Odessa truly special.
- The Permian Basin Sports Complex: Get ready to cheer on our home teams at this state-of-the-art sports facility! Whether it's football, baseball, or soccer, there's always a game happening in Odessa, showcasing the best of our local athletic talent.
- Glistening Gypsum Dunes: Explore the awe-inspiring Gypsum Dunes, a breathtaking natural wonder that offers a truly unique desert experience. Hike the majestic dunes, snap stunning photographs, and revel in the serene beauty of this natural spectacle.
- Outdoor Adventures at the Barrow Springs Park: Unleash your inner adventurer at this sprawling park, where you can hike, bike, or horseback ride through miles of picturesque trails. Enjoy a family picnic by the tranquil waters of Barrow Springs or take a refreshing dip in the crystalline swimming holes.
- Odessa Rodeo and Fairgrounds: Experience the excitement of a true Texas rodeo! The annual Odessa Rodeo and Fair offers thrilling equestrian competitions, captivating live music, and a lively carnival atmosphere that's perfect for the entire family.
- Lone Star Aerospace Museum: Blast off into the world of aviation and space exploration at this fascinating museum. Featuring interactive exhibits, historic aircraft, and a planetarium, the Lone Star Aerospace Museum is a must-see for anyone with a passion for the skies.
Odessa Nearby Cities
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19 miles away
- Rating: 7.1
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108 miles away
- Rating: 7.7
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Local Real Estate
How expensive is the real estate in Odessa?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Odessa has increased 3% over the past year, and the average price per square foot is $138, which is lower than the national average.
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Median Sale Price
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$247,964
3% YoY
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Median per Square Foot
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$138
5% YoY
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Average Monthly Rent
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$1,395
13% YoY
Local Short-Term Rental News for Odessa
The most common terms hosts include in their listings for Odessa, Texas
Common terms for Odessa short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Odessa has a description approximately 906 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 184 listings in Odessa, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Odessa, Place, Clean, Quiet, Backyard, Family, Perfect, Patio, WiFi, and Nice.
What are the most popular tourist activities in Odessa?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Odessa involve going to the City Centre, Museums, . When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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City Centre
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Museums
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Odessa, including Wagner Noel Performing Arts Center, Music City Mall, Permian Basin Petroleum Museum, The Horseshoe Midland County Multipurpose Facility, and Midland Park Mall. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Regional Landmark
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Wagner Noel Performing Arts Center
Included on nearly all listings
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Regional Landmark
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Music City Mall
Included on nearly all listings
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Local Landmark
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Permian Basin Petroleum Museum
Included on nearly all listings
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Local Landmark
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Midland Park Mall
Included on nearly all listings
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Local Landmark
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The Horseshoe Midland County Multipurpose Facility
Included on 86% of listings
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Local Landmark
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Monahans Sandhills State Park
Included on 59% of listings
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Local Landmark
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Midland Memorial Hospital
Included on 3% of listings
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Local Landmark
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Odessa Regional Medical Center
Included on 3% of listings
What’s the weather like in Odessa, Texas?
The weather is about the same as the national average, with an average high temperature of around 78°, while the average low is about 53°. It has normal rainfall, averaging about 13 inches per year, compared to the national average of about 27 inches. Snowfall is scarce, with an average year having no snowfall. The humidity levels in Odessa are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
36° Low 61° High
Spring
March through May
53° Low 81° High
Summer
June through August
71° Low 93° High
Fall
September through November
54° Low 77° High
Cities Near Odessa
Odessa, Texas, is located in Ector County. Some cities that are located nearby include:
