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Odessa apartment market overview Oct. 2014Odessa apartment market overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=22512014-12-12T07:37:00Z2014-12-09T00:00:00Z

ODESSA - Apartment MarketData Research Services LLC released October 2014 data. The multifamily market data represent three months trailing (August–October 2014).

As a rule these represent all properties except those that are leased but not occupied units.

Multihousing Market Condition Comparison Aug.–Oct. 2014
Age
Group
Odessa Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 484 99.0% $1.003 914 132,294 96.4% $0.852 832
1970's 2,500 98.9% $1.174 747 383,819 95.8% $0.841 818
1980's 3,971 98.9% $1.240 763 488,257 96.9% $0.928 780
1990's 96 100.0% $0.637 608 226,024 97.4% $1.080 922
2000's 787 99.7% $0.981 915 366,007 97.4% $1.046 963
2010's 904 99.2% $1.574 988 70,963 97.2% $1.194 927
Totals 8,742 99.0% $1.218 802 1,667,364 96.8% $0.966 859


Rate: Rental Rate is the average market rate expressed as ($/SF/month).
Size: The average size of each unit expressed as (SF/unit).

Click to see the full October 2014 Odessa Multihousing Market Conditions Report, including previous data.

Source: Apartment MarketData Research Services LLC, San Antonio

Remember, this report and other data are available under Multifamily in Odessa Market Data Sources.

tag: Texas apartment

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