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Somerset at Madison Apartments apartments in Madison, AL

Updated

Somerset at Madison Apartments

121 Continental Dr, Madison, AL 35758, USA

Live pricing, refreshed

23
Units Listed
$896
Starting at
$1,186
Average
$1,708
Highest
$2.37
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Madison 35758 rent trends

Beds

Pricing by Bedroom

Studio
$903
from $896 · 2 units
~500 sqft avg
1 Bed
$1,037
from $896 · 9 units
~500 sqft avg
2 Bed
$1,221
from $1,132 · 8 units
~500 sqft avg
3 Bed
$1,593
from $1,503 · 4 units
~500 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (19)

Largest 8 movers of 19

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: moderate (building size is modeled).

Est. Monthly Revenue

$16K

$194K annual run rate

Modeled estimate

Est. Occupancy

41%

of about 39 units (modeled from leasing activity)

Effective Rent on New Leases

$1,008

vs $1,186 current asking ($178 negotiation gap)

Recent Lease Activity

39 units tracked; 16 assumed leased, 23 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

23

Good availability

22 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

23 units
1 Bed / 1 Bath Studio Premier Terrace
$896/mo
500 ft² · $1.79/ft² · #1
Down $9 since Aug 20 (was $905)
Studio / 1 Bath Studio Premier Terrace
$896/mo
500 ft² · $1.79/ft² · #2
Down $9 since Aug 20 (was $905)
Studio / 1 Bath Studio Premier Terrace-Renovated
$910/mo
500 ft² · $1.82/ft² · #3
Down $9 since Aug 20 (was $919)
1 Bed / 1 Bath 1 Bedroom Luxury Garden
$939/mo
500 ft² · $1.88/ft² · #4
1 Bed / 1 Bath 1 Bedroom Premier Garden
$964/mo
500 ft² · $1.93/ft² · #6
1 Bed / 1 Bath 1 Bedroom Luxury Terrace
$984/mo
500 ft² · $1.97/ft² · #8
1 Bed / 1 Bath 1 Bedroom Premier Terrace
$1,054/mo
500 ft² · $2.11/ft² · #10
1 Bed / 1 Bath 1 Bedroom Luxury Garden-Renovated
$1,078/mo
500 ft² · $2.16/ft² · #5
Up $11 since Aug 20 (was $1,067)
1 Bed / 1 Bath 1 Bedroom Premier Garden-Renovated
$1,103/mo
500 ft² · $2.21/ft² · #7
Up $11 since Aug 20 (was $1,092)
1 Bed / 1 Bath 1 Bedroom Luxury Terrace-Renovated
$1,123/mo
500 ft² · $2.25/ft² · #9
Up $11 since Aug 20 (was $1,112)

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 Madison, AL notes

No resident notes for this property yet.

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