Housing market/Texas/ZIP 79763
ZIP 79763 Odessa, Texas
Odessa, TX MSA · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 79763 · TX — sent to you.
ZIP 79763 · TX
ACS rent vs 2BR SAFMR
ZIP 79763 — Odessa, TX HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 79763
- 1-unit detached7,84254.7%
- 1-unit attached4743.3%
- 2–4 units4363.0%
- 5–49 units1,2238.5%
- 50+ units1591.1%
- Mobile4,20129.3%
2–4 unit share 2.9% · 5–49 unit share 8.1% · combined 2–49 11.0%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,097 (all bedrooms, occupied rentals).
- Median contract rent $873.
- Renters paying ≥30% of income 39.0%; ≥50% 14.9%.
- FY2027 2BR SAFMR $1,440 (1.313× ACS median gross rent).
Population
34,878 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -10.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 268 units.
- HUD project-based assisted MF: 5 properties, 464 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 79763 28.7% of occupied households are renters; vacancy is 9.4%; ACS median gross rent is $1,097; population changed -10.5% between the 2018 and 2023 ACS vintages; the housing stock includes 436 units in 2–4-unit structures and 1,223 units in 5–49-unit structures; 3 LIHTC projects totaling 268 units; FY2027 2BR SAFMR is $1,440 versus ACS median gross rent of $1,097. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Texas research
ZIP 79763 is a Census / HUD profile for Odessa, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 79763 — Odessa, TX HUD Section 8 Payment Standards / SAFMR·Texas ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 79763?
ZIP 79763 (Odessa, TX MSA) has 34,878 residents, 13,644 households, a renter share of 28.7%, median household income of $57,618, and ACS 2023 median gross rent of $1,097. Vacancy is 9.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 79763?
ACS counts 67 units in 2-unit buildings, 369 in 3–4 unit buildings, 581 in 5–9, 545 in 10–19, and 97 in 20–49. Combined 2–49 unit stock is 1,659 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 79763?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,440. See the full schedule and 90–110% payment-standard band on the ZIP 79763 — Odessa, TX HUD Section 8 Payment Standards / SAFMR.
Does this Texas ZIP profile include Georgia listings?
No. ZIP 79763 is Census / HUD research for Odessa, TX MSA. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.