Houston vs Odessa
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Odessa has an edge
Odessa currently favors renting, with better rent-to-price dynamics.
Median Home Price
$277,739.66
Median Rent
$1,583.64/mo
Price-to-Rent Ratio
14.6
Property Tax RateTIE
1.80%
Price Change (1Y)
-2.6%
Price Change (5Y)
-13.0%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$136,727
Median Home PriceBETTER
$244,505.87
Median RentBETTER
$1,549.58/mo
Price-to-Rent RatioBETTER
13.1
Property Tax RateTIE
1.80%
Price Change (1Y)BETTER
+3.6%
Price Change (5Y)BETTER
+18.2%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$58,459
Key Differences
Home Prices
Houston's median home price of $277,739.66 is higher than Odessa's $244,505.87 by 14%.
Monthly Rent
Renting in Houston costs $1,583.64/mo compared to $1,549.58/mo in Odessa—a difference of $34.06/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.