Discover Odessa Short-Term Rentals Near Local Favorites
Odessa short-term rentals are in high demand, driven by oil industry visitors and guests exploring unique stops like the Ellen Noël Art Museum. With a dynamic real estate market, Odessa offers diverse opportunities for STR investing, whether you’re eyeing historic sites or festival hotspots.
Quick Takeaways
- Active Listings: 340+ vacation rentals in Odessa
- Average Daily Rate (ADR): $128/night
- Occupancy Rate: 58% year-round
- Year-Over-Year Revenue Growth: Up 12%, fueled by business travelers and regional events
- Cancellation Rate: Under 6% (owner-friendly)
- Pro Tip: Focus on listings near the Permian Basin Petroleum Museum and Sandhills Stock Show & Rodeo for maximum visibility
Odessa’s STR Market: Growth & Yields
Odessa’s STR market has surged as more investors target the area’s solid returns. Listings are up, and favorable occupancy supports consistent cash flow. Many vacation rentals in Odessa benefit from both leisure and business demand, creating resilience against seasonal dips.
High-Demand Seasons and Guest Profiles
Peak occupancy aligns with Q1 oil industry conferences and local events. Business guests book weekdays, but festivals and attractions like the Sandhills Stock Show & Rodeo draw families on weekends. Investors targeting flexible stays will see higher annual returns.
Property Types & Interior Trends
Three-bedroom homes with modern decor outperform outdated listings. Odessa guests seek comfort, Wi-Fi, and proximity to attractions. Properties upgraded with workspaces and smart home tech attract high review scores and repeat bookings.
StaySTRa Analyzer
If you’re evaluating a specific property or narrowing your investment focus, the StaySTRa Analyzer lets you plug in an address and see actual STR performance data. It’s free to use and built for investors.
Airbnb Performance in Odessa
Odessa’s STRs on Airbnb attract significant traveler volume, especially listings within a short drive of the university and arts district. A strategic online presence drives more bookings and higher nightly rates.
Investor Takeaways: Maximizing Returns
Successful STR investing in Odessa requires adjusting to demand shifts. Monitor regional business events and optimize your STR for both professional and family travelers to maximize occupancy year-round.
Explore Odessa’s booming short-term rental market, or get started earning with your own property. Questions? Connect with an expert below.
