Alturas Penbrook
3965 Penbrook St,
Odessa, TX 79762
$919 - $1,429
1-2 Beds
Founded in 1973, the University of Texas of the Permian Basin has evolved from a predominantly commuter campus to a vibrant four-year university offering an array of bachelor’s and master’s degree programs. UT Permian Basin provides quality education in a supportive in-person and online educational format while promoting excellence in teaching, research, and service.
There are plenty of apartments and townhomes available for rent near the UTPB campus in Odessa. Convenience to the I-20 makes commuting and traveling a breeze from the UTPB campus.
A wide range of student clubs and organizations, campus activities, Greek life, special events, and NCAA Division II Falcon athletics contribute the energy on the UTPB campus. Museums, theatres, a symphony, golf courses, football stadiums, ice hockey, a polo club, international airport, and more attractions are all within minutes of campus in the Odessa area. Major Texas cities like Austin, Dallas, San Antonio, and El Paso are all within a five-hour drive from UT Permian Basin as well.
As of March 2026, the average apartment rent in Odessa, TX is $1,157 for a studio, $1,153 for one bedroom, $1,493 for two bedrooms, and $1,918 for three bedrooms. Apartment rent in Odessa has increased by 0.6% in the past year.
Studio
552 sq ft
Average Sq Ft
$1,157/month
Average Rent
1 BR
669 sq ft
Average Sq Ft
$1,153/month
Average Rent
2 BR
996 sq ft
Average Sq Ft
$1,493/month
Average Rent
3 BR
1,231 sq ft
Average Sq Ft
$1,918/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Elementary Magnet At Reagan Elementary School
Public
Grades PK-5
625 Students
Public
Grades PK-5
460 Students
Public
Grades PK-6
613 Students
Public
Grades PK-5
408 Students
Gale Pond Alamo Elementary School
Public
Grades PK-5
317 Students
Wilson & Young Medal of Honor Middle
Public
Grades 6-8
1,245 Students
Public
Grades 6-8
914 Students
Public
Grades 6-8
867 Students
Public
Grades 6-8
1,303 Students
Public
Grades 6-8
1,036 Students
Public
Grades 9-12
460 Students
Public
Grades 9-12
3,978 Students
Public
Grades 9-12
3,874 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.