Housing

If you are a prospective newcomer to Odessa, we think you will find exactly what you want. Whether you prefer the relaxed atmosphere of apartment living or enjoy Lifestyles of the Rich and Famous, the cost of living in Odessa continues to remain very competitive. Odessa housing is about 20 percent below the national average. Odessa offers a variety of homes to meet an individual’s needs. There are more than 500 single-dwelling homes for sale in a wide range of prices, and approximately 84 apartment communities. The average lease rate for a two-bedroom apartment is $670 per month, with an average deposit of $245. Additional deposits are required for pets.

The average price of a newly built home with 2,400 square feet, average three bedrooms, two baths and a double car garage is approximately $230,000. The cost of a pre-owned home, according to a recent survey, is $85,500 depending on amenities and location.

For those who desire a more carefree lifestyle, condominiums and town homes are also available for lease or purchase.

To assist you with your housing needs, there are 53 real estate offices available to serve prospective homebuyers. You may contact the Odessa Board of Realtors at 432/362-8943 for assistance in contacting these professionals.

Many financing options are available through local banks and mortgage companies.

Utilities

The cost of utilities is a primary factor in selecting your home.

Electric: As of January 2002, Texas has deregulated electricity and the customer may choose an electric company. Call 866/797-4839 or visit www.powertochoose.org for a listing of companies in our area.

Gas: ATMOS Energy provides the city with gas service. The average winter bill is approximately $55 per month, and the average summer bill is approximately $21 per month. Contact ATMOS Energy customer service at 888/363-7427 for additional information and account set-up.

Water/Sewer/Trash: The City of Odessa is responsible for water, sewer and garbage collection. The city consolidates all three services into one monthly bill.

Telephone: AT&T, Birch Telecom, Grande Communications, Fairpoint Communications, Ionex Telecommunications, Inc., New Edge Networks, and TechTel Communications provide the area’s telecommunication needs.