Quarterly, the Housing Department team checks market rental rates at the Valley's largest apartment complexes: Blair Place Apartments, Hidden Hollow Apartments, Aspen Meadows, and The Timbers. Together, these complexes represent 560 rental units.
For the third quarter of 2021, vacancy rates remain at 0% and rent rates held steady for all units except studio units, which saw a 6% increase. Average rent rates by unit size are listed below. You can read the entire report here.