Dec 9, 2014
Odessa apartment market overview Oct. 2014
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...
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.
| 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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