Lightner Creek Village apartments: Preview of first-year DSD rental rates and timeline

At this stage, we are sharing a preview of overall pricing to provide early visibility into anticipated costs. Additional details regarding specific unit types, room configurations, eligibility, the lottery process, and final rental rates will be shared as that information becomes available and we set up our housing website.

DSD rates

	Studio	1x1	2x2
Min Rent	$750	$1,000	$1,200
Max Rent	$1,050	$1,640	$1,950
Avg Rent	$900	$1,298	$1,600
Avg/Sq Ft Rent	$1.81	$1.94	$1.74

To provide context, we are also sharing posted current market rental rates for the Durango area that we obtained through a market study in June 2025. These comparisons are intended to help illustrate the potential savings associated with the Lightner Creek Apartments workforce housing initiative.

Comps in market (6/2025)

	Studio	1x1	2x2
Min Rent	$1,220	$1,295	$1,525
Max Rent	$1,685	$2,300	$3,203
Avg Rent	$1,419	$1,857	$2,468
Avg/Sq Ft Rent	$4.38	$2.72	$2.36

A full set of housing guidelines will be released following Winter Break. We anticipate holding the first housing lottery in February, with employees who are selected for housing being notified by March. We remain on track for employees to begin moving into the Lightner Creek Apartments by July 1, 2026, and may have opportunities for staff even earlier.

Thank you for your continued interest. If you have any questions at this stage, please email Chris Coleman, Chief Operations Officer.

We will continue to share updates as more information is available.

Published December 18, 2025 Print