5

Newest Homes for Rent in Odessa, MO

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  • /12

    $697 Per Month

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    500 S 5th St Unit 16, Odessa, MO 64076

    Remodeled 2 Bed 1 BathGas in tenants name. Everything else is paid by owner.$150 dollar charge on top of monthly rent. Our requirements are:600+ credit scoreno evictions or feloniesno smoking in units3x rent in monthly income.Pet Friendly ($200 pet deposit per pet, then $35Monthly Rent)All 18+ Tenants Must Apply$50 application feeParking Lots

    500 S 5th St Unit 16, Odessa, MO 64076
  • /23

    $1,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,435 Sq Ft
    • Townhouse for Rent

    603 W Mason St, Odessa, MO 64076

    603 W Mason St, Odessa, MO 64076
  • /23

    $1,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,435 Sq Ft
    • Townhouse for Rent

    604 W Mason St, Odessa, MO 64076

    604 W Mason St, Odessa, MO 64076
  • /23

    $1,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,435 Sq Ft
    • Townhouse for Rent

    601 W Mason St, Odessa, MO 64076

    601 W Mason St, Odessa, MO 64076
  • /23

    $1,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,435 Sq Ft
    • Townhouse for Rent

    605 W Mason St, Odessa, MO 64076

    605 W Mason St, Odessa, MO 64076

Frequently Asked Questions

How much does it cost to rent a home in Odessa, MO?
The median rent for a home in Odessa, MO is $1,595 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Odessa, MO?
To comfortably afford the median rent in Odessa, MO, a household needs to earn roughly $63,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,595 per month in Odessa, MO, renters typically need to show $4,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Odessa, MO?
In Odessa, MO, the price-to-rent ratio is 15.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,595
Median Townhouse Rent
$1,595
Median Condo Rent
$697
How to Rent a Home