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Last updated October 10, 2026 at 1:06 PM CDT

Frequently Asked Questions (FAQs)

The Penwell has 18 units available starting at $1,275 per month (fees may apply) at a 12 month lease term. Check out the Price and Availability section for the most up-to-date unit information.

In Odessa, TX, the average rent is $1,235 for a studio, $1,255 for a 1-bedroom, $1,550 for a 2-bedroom, and $2,153 for a 3-bedroom. The median rent in Odessa, TX has increased 0.4% month over month. For more information on rental trends in Odessa, TX, check out our monthly Odessa, TX Rent Report.

The Penwell offers lease lengths of 3-24 months.

Must have 3x the rent in total household income (before taxes).

Some of The Penwell's amenities include Business center, In unit laundry, and Putting green. Only 7% of the 175 Odessa, TX rentals on Apartment List have a business center. To see the other amenities this property offers, check out the Amenities section.

The Penwell is not currently offering any rent specials.

Yes, The Penwell is pet-friendly.

Yes, The Penwell offers parking.

Yes, The Penwell offers units with in unit laundry.

Yes, The Penwell has a pool.

Yes, The Penwell has accessible units.

Yes, The Penwell has units with dishwashers.

More Rental Options

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Odessa Short-term apartments (opens in new tab)

Experience unparalleled luxury at The Penwell in Odessa, TX, where resort-style amenities and modern comforts abound. Enjoy the serenity of a stunning pool with built-in lounge areas and take advantage of the spacious clubhouse for leisurely gatherings. Pet lovers will appreciate the on-site fenced pet park, providing a safe haven for their furry companions. Reviews highlight the on-site Starbucks coffee bar as a convenient and delightful perk. The property’s prime location offers easy access to a variety of restaurants and parks within a short distance, enhancing your lifestyle. With both cats and dogs welcome, The Penwell provides a perfect blend of style and convenience.

18 available units

Studio1 Bed2 Beds

Price range (fees may apply)

$1,275 - $2,275 per month

Commute

Phone

Call

Amenities

In unit laundry, Putting green, Patio / balcony, Granite counters, Dishwasher, Pet friendly

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Location

8225 Dorado Drive, Odessa, TX 79765

Points of interest shown are within a 10 mile radius of this listing, or 50 miles for airports

Data provided by GreatSchools (opens in new tab). Ratings are based on test scores and additional metrics when available.

Property details

Please note leases shorter than 12 months often have extra fees.

Income Requirement

Must have 3x the rent in total household income (before taxes)

Property DescriptionWelcome to The Penwell, a community of brand new apartments in Odessa bringing innovative amenities to the greater Midland-Odessa area. Life at The Penwell means never having to compromise: At our Odessa apartments, you can expect first-class customer service, designer interiors, active living amenities, and the idyllic balance of privacy and access provided by a gated community with plenty of shopping nearby. Say yes to the lifestyle you have always envisioned, manifested in one unprecedented community. Say yes to life at The Penwell.

Welcome to The Penwell, a community of brand new apartments in Odessa bringing innovative amenities to the greater Midland-Odessa area. Life at The Penwell means never having to compromise: At our Odessa apartments, you can expect first-class customer service, designer interiors, active living amenities, and the idyllic balance of privacy and access provided by a gated community with plenty of shopping nearby. Say yes to the lifestyle you have always envisioned, manifested in one unprecedented community. Say yes to life at The Penwell.

Air Conditioning

Dishwasher

Patio / Balcony

In Unit Laundry

Bathtub

Carpet

Ceiling Fan

Ice Maker

Oven

Range

Refrigerator

Stainless Steel

Walk In Closets

Property amenities

Clubhouse
24hr Gym
Playground
Pool
Cats Allowed
Dogs Allowed
Accessible
Garage
Parking
BBQ/Grill
Business Center
Conference Room
Courtyard
Lobby
Online Portal
Package Receiving
Pool Table
Putting Green
Shuffle Board
Volleyball Court

Price and availability

Prices last verified by The Penwell 2 hours ago

Frequently Asked Questions (FAQs)

The Penwell has 18 units available starting at $1,275 per month (fees may apply) at a 12 month lease term. Check out the Price and Availability section for the most up-to-date unit information.

In Odessa, TX, the average rent is $1,235 for a studio, $1,255 for a 1-bedroom, $1,550 for a 2-bedroom, and $2,153 for a 3-bedroom. The median rent in Odessa, TX has increased 0.4% month over month. For more information on rental trends in Odessa, TX, check out our monthly Odessa, TX Rent Report.

The Penwell offers lease lengths of 3-24 months.

Must have 3x the rent in total household income (before taxes).

Some of The Penwell's amenities include Business center, In unit laundry, and Putting green. Only 7% of the 175 Odessa, TX rentals on Apartment List have a business center. To see the other amenities this property offers, check out the Amenities section.

The Penwell is not currently offering any rent specials.

Yes, The Penwell is pet-friendly.

Yes, The Penwell offers parking.

Yes, The Penwell offers units with in unit laundry.

Yes, The Penwell has a pool.

Yes, The Penwell has accessible units.

Yes, The Penwell has units with dishwashers.

More Rental Options

Amenities

Bedrooms

Cities

Counties

Ector County apartments (opens in new tab)

Colleges

Property Type

Odessa Short-term apartments (opens in new tab)

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South Plains College

Aug 15, 2024

Verified resident

The management team is awesome. I like how Ms. Maura accommodate me when I was looking for an apartment.

Data provided by GreatSchools (opens in new tab). Ratings are based on test scores and additional metrics when available.

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The Penwell

The Penwell

Frequently Asked Questions (FAQs)