Be Among the First to Call Petra Home
The first residents at Petra will enjoy exclusive Early Rewards available for a limited time. From free rent and protected future rent rates to exciting giveaways, there's never been a better time to reserve your new home.
Reserve now. Move in beginning in August 2026.
Choose Your Lease Terms
24-Month Lease Rewards:
8 Weeks FREE Rent
Maximum 2% rent increase in your third year*
12-Month Lease Rewards:
4 Weeks FREE Rent
No rent increase in your second year*
Maximum 3% increase in your third year*
*Available if you renew for a minimum of 12-month lease.
*Conditions apply. Above rewards offered with all qualifying leases signed through February 28, 2027
Early Rewards Sweepstakes:
Win a Year of FREE Rent
Every household who signs a qualifying 24-month lease and moves in by February 28, 2027 will automatically be entered in a drawing for an entire year of free rent. Winner will receive free rent for same unit in the form of a rent concession applying to second year of residency.
Ride Into Bend in Style
Move in by October 31,2026 and your household will automatically be entered in a drawing for a premium e-bike ( $3,000 retail value). Explore Bend's miles of trails, parks, and bike- friendly streets from your new home.
Don't Miss Your Opportunity
Early residents receive our best incentives—including free rent, future rent protection, and exclusive prize opportunities.
Homes are leasing now for move-ins starting in August 2026, and availability is limited.
Terms: Offers available for a limited time on qualifying new leases only. Free rent is applied as a rent concession. All prizes and rewards non-transferable. Rent guarantee and rent concession terms apply only as outlined in the lease agreement and applicable concessions addendum. Drawings: Odds of winning depend on number of entries. Retail value of one-year free rent is $19,800 - $39,000 (depending on unit). One-year free rent and e-bike drawings are subject to official rules, eligibility requirements, and conditions (outlined in Lease and Addendum).