Submarket Spotlight | Q2 2023 | Midland-Odessa

June 2, 2023

Submarket Report




The Midland/Odessa markets are two of the most prominent multifamily markets in West Texas. Both markets are driven by the oil and gas industry, which the Energy Information Administration predicts surging production for the rest of this year. Economists suggest that Midland-Odessa will lead Texas in annual growth in real GDP over the next five years, primarily due to the success of the energy sector.