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Somerset Apartments apartments in Redlands, CA

Updated

Somerset Apartments

26454 Redlands Blvd, Redlands, CA 92373, USA

Live pricing, refreshed

6
Units Listed
$2,199
Starting at
$2,429
Average
$2,515
Highest
$3.02
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Live Oak Canyon rent trends

Beds

Pricing by Bedroom

1 Bed
$2,199
from $2,199 · 1 units
~619 sqft avg
2 Bed
$2,475
from $2,424 · 5 units
~841 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 (5)

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: stated by the property itself
  • 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: high (building size is reported).

Est. Monthly Revenue

$236K

$2.8M annual run rate

Est. Occupancy

94%

of about 104 units (reported building size)

Effective Rent on New Leases

$2,432

vs $2,409 current asking

Recent Lease Activity

6 units tracked; 0 assumed leased, 6 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

6

Moderate availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Redlands, CA

Similar

Comparing this building against 2 similar Redlands, CA apartments by price. Click any bar to view that building.

See rent trends on the Redlands, CA map Explore Redlands, CA on the interactive map

Available Units

6 units
1 Bed / 1 Bath B
$2,199/mo
619 ft² · $3.55/ft² · #067
Up $9 since Jul 14 (was $2,190)
2 Bed / 2 Bath C
$2,424/mo
811 ft² · $2.99/ft² · #005
Up $200 since Jul 17 (was $2,299)
2 Bed / 2 Bath C
$2,424/mo
811 ft² · $2.99/ft² · #006
Down $125 since Jul 10 (was $2,424)
2 Bed / 2 Bath D
$2,499/mo
885 ft² · $2.82/ft² · #031
2 Bed / 2 Bath C
$2,514/mo
811 ft² · $3.10/ft² · #004
Up $200 since Jul 15 (was $2,314)
2 Bed / 2 Bath D
$2,515/mo
885 ft² · $2.84/ft² · #011
Up $50 since Jul 15 (was $2,465)

Train activity

Trains close by

Passenger line 921 ft away · 4 trains/day

  • 2 daytime, 2 overnight
  • Quiet zone. Horns are silenced at the nearest crossing.
  • Operator: SCAX

Why this matters →

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 Redlands, CA notes

No resident notes for this property yet.

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