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Pearl Marketplace apartments in Houston, TX

Updated

Pearl Marketplace

3120 Smith St, Houston, TX 77006, USA

Live pricing, refreshed

29
Units Listed
$1,367
Starting at
$1,858
Average
$2,564
Highest
$2.27
Per Sq Ft

How does this compare? View Montrose rent trends

Beds

Pricing by Bedroom

Studio
$1,842
from $1,367 · 15 units
~574 sqft avg
1 Bed
$1,829
from $1,378 · 9 units
~764 sqft avg
2 Bed
$1,961
from $1,367 · 5 units
~948 sqft avg
Specials Available 29 units

up to 4 weeks free

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (18)

Largest 8 movers of 18

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$173K/mo

from 94 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,838

vs $1,858 current asking ($20 negotiation gap)

Recent Lease Activity

123 units tracked; 94 assumed leased, 29 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

29

Very high availability

16 floor plans

Move-in Specials

29

29 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Available Units

29 units
2 Bed / 1 Bath A03
$1,367/mo
587 ft² · $2.33/ft² · #34
up to 4 weeks free
Studio / 1 Bath A03
$1,367/mo
587 ft² · $2.33/ft² · #5
up to 4 weeks free
Studio 15mo lease
$1,367/mo
· #6
up to 4 weeks free
Down $276 since Sep 25 (was $1,643)
1 Bed / 1 Bath A01
$1,378/mo
561 ft² · $2.46/ft² · #1
up to 4 weeks free
Down $28 since Sep 25 (was $1,406)
2 Bed / 1 Bath A01
$1,378/mo
561 ft² · $2.46/ft² · #29
up to 4 weeks free
Studio / 1 Bath A01
$1,378/mo
561 ft² · $2.46/ft² · #3
up to 4 weeks free
Down $44 since Sep 25 (was $1,422)
Studio 15mo lease
$1,378/mo
· #4
up to 4 weeks free
Down $44 since Sep 25 (was $1,422)
1 Bed / 1 Bath J1a
$1,589/mo
634 ft² · $2.51/ft² · #7
up to 4 weeks free
Down $25 since Sep 25 (was $1,614)
Studio 15mo lease
$1,589/mo
· #8
up to 4 weeks free
Down $104 since Sep 25 (was $1,693)
Studio 15mo lease
$1,639/mo
· #10
up to 4 weeks free

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Houston, TX notes

No resident notes for this property yet.

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