Affordable Housing In Odessa
Ector County, Texas

18 Low Income Apartment Communities In Odessa

Woodcrest Apartments

2550 W 8th St
Odessa, Texas
Income Based
1-3 BR

Manor Crest Apartments

1401 San Andres Dr
Odessa, Texas
Income Based
1-2 BR
Subsidized

Sage Brush Village

3250 W 8th Street
Odessa, Texas
$754-1,035
1-3 BR
Accepts Vouchers

Sedona Springs Apartments

920 W. University Blvd.
Odessa, Texas
$568-770
1-3 BR
Accepts Vouchers

The Grove Apartments

401 Lasseter Ave
Odessa, Texas
$315-1,603
1-3 BR
Accepts Vouchers

Madison Square

2201 Rocky Lane Road
Odessa, Texas
$535-950
1-2 BR

Arbor Oaks Apts.

1000 E. Monahans Street
Odessa, Texas
Call For Rent
2-3 BR
Accepts Vouchers

Eighty Seventh Apartment Homes

8640 Hunter Miller Way
Odessa, Texas
Call For Rent
1-3 BR
Accepts Vouchers

Arbor Terrace Townhomes

1101 Fitch Ave
Odessa, Texas
$691-793
2-3 BR
Accepts Vouchers

Key West Senior Village

1600 West Clements Street
Odessa, Texas
Call For Rent
1-2 BR
Accepts Vouchers
62+

Housing Authorities that serve Odessa

Housing Authority Programs
Housing Authority of Odessa Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Odessa, Texas

There are 18 low income housing apartment communities offering 1,694 affordable apartments for rent in Odessa, Texas.

Income Based Apartments in Odessa, Texas

Odessa features 763 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Odessa, Texas

There are 931 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Odessa.

Housing Choice Vouchers in Odessa, Texas

On average, Section 8 Housing Choice vouchers pay Odessa landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Odessa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Odessa, Texas for a two-bedroom apartment is between $1,048 and $1,280.

2020 Odessa, Texas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $781 $901 $1,164 $1,451 $1,821
Payment Standard Range $703 to $859 $811 to $991 $1,048 to $1,280 $1,306 to $1,596 $1,639 to $2,003

Sourced from federal housing data and AffordableHousingOnline.com research.

Odessa, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 1,694
Total Housing Units with Rental Assistance 763
Percentage of Housing Units Occupied By Renters 38.28%
Average Renter Household Size 2.51
Average Household Size 2.81
Median Household Income $59,337 ±$2,642
Median Rent $945 ±$25
Percentage Of Renters Overburdened 36.94% ± 3.71pp
Total Population 111,330

Population and Household Demographics

Odessa is a City in Ector County, Texas with a population of 111,330. There are 39,057 households in the city with an average household size of 2.81 persons. 38.28% of households in Odessa are renters.

Income and Rent Overburden in Odessa

The median gross income for households in Odessa is $59,337 a year, or $4,945 a month. The median rent for the city is $945 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Odessa, a household making less than $3,150 a month would be considered overburdened when renting an apartment at or above the median rent. 36.94% of households who rent are overburdened in Odessa.1

Area Median Income In Odessa

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Odessa, the AMI is calculated from all households within Ector County.

In Odessa, HUD calculates the Area Median Income for a family of four as $73,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Odessa

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Odessa

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,550 $17,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,900 $29,600 $33,300 $36,950 $39,950 $42,900 $45,850 $48,800
80% of Median $41,400 $47,300 $53,200 $59,100 $63,850 $68,600 $73,300 $78,050