Odessa, TX Airbnb Market Data, Statistics, and Occupancy Rates

Odessa Short-Term Rental Market Overview

Odessa is a West Texas energy market where short-term rental demand is heavily influenced by oil and gas activity. With an average daily rate of $125 and occupancy at 33%, the market delivers about $14,514 in average annual revenue per listing—modest compared to leisure-driven destinations but paired with relatively affordable home values of $353,017. Active listings have surged 156% year-over-year to 115, signaling growing investor interest that warrants careful deal sourcing.

Key Market Statistics

According to Rabbu market data, the Odessa short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Odessa

Odessa appeals to STR investors looking to serve energy-sector workforce housing demand at relatively low property acquisition costs, though below-average occupancy and rapid supply growth require disciplined underwriting.

Expert Market Assessment

"Odessa represents a competitive opportunity where selective deal sourcing matters more than in higher-occupancy markets. The 33% average occupancy rate—matching the Texas state average—and below-average scores on occupancy stability, market growth, and supply/demand balance indicate that not every property will pencil out. That said, revenue peaks in June at $1,529 per month with a relatively gentle seasonal curve, so cash flow doesn't crater during off-peak months the way it can in pure vacation markets. Investors who target 3-bedroom properties and cater to the energy-sector workforce stand the best chance of outperforming the market average."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Odessa

Average revenue by month in Odessa

Revenue peaks in June at $1,529 and bottoms out in February at $949, creating a moderate seasonal swing of about $580. The spring-to-summer stretch (March–July) consistently outperforms the rest of the year, aligning with increased oilfield activity and warmer weather.

Active Airbnb listings by property size in Odessa

One-bedroom units dominate the supply with 45 of 115 listings, followed by 3-bedroom properties at 35. Two-bedroom homes are notably underrepresented at just 14 listings, which could signal a niche opportunity given their solid RevPAN and occupancy performance.

Average daily rate (ADR) by property size in Odessa

ADR scales steadily from $61 for studios to $207 for 4-bedroom homes, roughly tripling across the size spectrum. The sharpest jump occurs between 1-bedroom ($68) and 2-bedroom ($137) properties, suggesting a clear pricing premium once a property accommodates families or small work crews.

Average RevPAN by property size in Odessa

Three-bedroom properties deliver the strongest RevPAN at $55, outperforming even 4-bedroom homes ($38) whose lower occupancy erodes their ADR advantage. Studios and 1-bedrooms lag at $21 and $26 respectively, making mid-size units the most efficient revenue generators per available night.

Average occupancy rates by property size in Odessa

One-bedroom listings lead occupancy at 39%, while 4-bedroom properties trail significantly at just 19%. The drop-off for larger units suggests the guest pool in Odessa skews toward individuals or small groups, making cash-flow predictability strongest for smaller and mid-size configurations.

Average monthly revenue by property size in Odessa

Four-bedroom homes narrowly edge out 3-bedrooms for top monthly revenue at $1,868 versus $1,825, but 3-bedrooms achieve this with much better occupancy—making them a more reliable income source. Studios and 1-bedrooms earn $753 and $668 per month respectively, offering limited return potential on their own.

Average annual revenue by property size in Odessa

At $22,422 annually, 4-bedroom properties generate the highest gross revenue, closely followed by 3-bedrooms at $21,900. However, when factoring in the significantly higher occupancy rate of 3-bedroom units, they likely offer a better risk-adjusted return for investors concerned about vacancy periods.

Most common amenities for Airbnb listings in Odessa

Parking (97%), kitchen access (94%), and self check-in (89%) are near-universal among Odessa listings, reflecting a guest base that values convenience and self-sufficiency—consistent with a workforce traveler profile. A dedicated workspace appears in 57% of listings, further underscoring the market's business-travel orientation, while luxury amenities like pools (2%) and hot tubs (1%) are rare.

Understanding Odessa's ROI Score: 47/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Odessa's ROI Score of 47 out of 100 places it in the 'Competitive Opportunity' band, meaning profitable deals exist but require more careful selection. The revenue-to-price ratio scores average—suggesting returns are achievable at current home values—but occupancy stability, market growth trend, and supply/demand balance all rate below average, reflecting the 156% year-over-year listing surge and modest 33% occupancy. Pairing this data with thorough local regulatory research and a focus on high-performing property sizes will be key to making the numbers work.

Short-Term Rental Regulations in Odessa

Understanding local STR regulations is essential before investing in Odessa. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Odessa, Texas may need to register or obtain a permit from the city before listing a property. Investors should confirm current requirements directly with the City of Odessa and review any applicable state-level regulations.

Key Restrictions

Common STR restrictions in Texas cities can include occupancy limits, parking requirements, noise ordinances, and HOA covenants that may prohibit or limit short-term rentals. Some municipalities also impose minimum stay requirements or cap the number of permits issued in certain areas, so verifying local rules before purchasing is essential.

Tax Obligations

Texas imposes a 6% state hotel occupancy tax on short-term rentals, and Odessa may assess additional local hotel occupancy taxes. Most major booking platforms collect and remit these taxes automatically, but hosts should verify compliance with both state and local tax authorities.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Odessa can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Odessa's STR performance will likely remain tightly linked to Permian Basin energy sector activity and workforce housing demand. Occupancy may hover in the 30–35% range unless oilfield activity picks up meaningfully, and ADR growth is likely to stay flat or inch up 1–3% given current supply expansion. The 156% jump in active listings suggests competition is intensifying, which could put downward pressure on per-unit revenue. Investors targeting larger properties—particularly 3-bedroom units—may find the best near-term return potential given their stronger RevPAN performance."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Odessa, TX

What is the average Airbnb occupancy rate in Odessa?

The average Airbnb occupancy rate in Odessa is currently 33%, which matches the Texas state average. Occupancy varies by property size, with 1-bedroom units performing best at 39% and 4-bedroom properties trailing at 19%. Investors should factor in these occupancy levels when projecting cash flow and consider targeting property sizes with stronger fill rates.

How much do Airbnb hosts make in Odessa?

On average, Airbnb hosts in Odessa earn approximately $1,209 per month or $14,514 per year based on trailing 12-month booking data. Revenue varies considerably by property size—studios average around $753 per month while 4-bedroom homes lead at $1,868 per month. Three-bedroom properties also perform well at $1,825 monthly, making mid-to-large configurations the strongest earners in this market.

Is Odessa a good market for Airbnb investment?

Odessa carries an ROI Score of 47 out of 100, categorized as a 'Competitive Opportunity.' The market's revenue-to-price ratio is average, but occupancy stability, market growth, and supply/demand balance all score below average. This doesn't rule out profitable investments, but it does mean investors need to be more selective—focusing on well-located properties in the right bedroom configuration and catering to the energy-sector workforce that drives local lodging demand.

What is the average daily rate (ADR) for Airbnb in Odessa?

The average daily rate for Airbnb listings in Odessa is $125, which is significantly below the Texas state average of $276. ADR scales meaningfully with property size, from $61 for studios up to $207 for 4-bedroom homes. The lower ADR reflects Odessa's workforce-driven guest profile rather than a leisure or tourism market.

Are short-term rentals legal in Odessa?

Short-term rentals are generally permitted in Odessa, Texas, though operators may need to register or obtain a permit from the city. As with any Texas municipality, local regulations can change, so investors should verify current permit requirements, zoning rules, and any HOA restrictions before purchasing a property intended for STR use.

When is peak season for Airbnb in Odessa?

Peak season in Odessa runs from roughly March through July, with June delivering the highest average monthly revenue at $1,529. The slowest months are January ($973) and February ($949). The seasonal spread is relatively moderate—peak revenue is about 60% higher than the lowest months—meaning cash flow stays more consistent year-round compared to highly seasonal vacation markets.

How many Airbnbs are there in Odessa?

There are currently 115 active Airbnb listings in Odessa as of April 2026. The market has seen significant growth, with listings increasing 156% year-over-year. One-bedroom units make up the largest share at 45 listings, followed by 3-bedroom properties at 35. This rapid supply growth is worth monitoring, as it could affect occupancy and pricing dynamics.

How is Airbnb revenue calculated in Odessa?

The annual and monthly revenue figures for Odessa are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drop regional outliers, and roll the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently rather than to forecasts, while still naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Odessa market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking data
• Popular amenity prevalence across active listings
• Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts. Local regulations, HOA rules, and market conditions can change; investors should conduct independent due diligence before purchasing.