How much does it cost to rent at Breakwater Apartments?

Rent at Breakwater Apartments in Santa Cruz, CA ranges from $2,890 to $4,168 per month as of September 29, 2026.

What is the average 1 bed rent at Breakwater Apartments?

The average 1 bed apartment at Breakwater Apartments costs $2,907/month, starting from $2,890.

What is the average 2 bed rent at Breakwater Apartments?

The average 2 bed apartment at Breakwater Apartments costs $3,703/month, starting from $3,546.

What is the average 3 bed rent at Breakwater Apartments?

The average 3 bed apartment at Breakwater Apartments costs $4,136/month, starting from $4,082.

Is Breakwater Apartments a good apartment complex?

Breakwater Apartments has a 3.2-star rating on Google based on 22 reviews.

Updated September 29, 2026 at 5:45 p.m. PT

Breakwater Apartments

1630 Merrill St, Santa Cruz, CA 95062, USA

3.2 (22 reviews) Official Website (669) 721-1897

Live pricing, refreshed September 29, 2026 at 5:45 p.m. PT

Units Listed

$2,890

Starting at

$3,558

Average

$4,168

Highest

$4.34

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Santa Cruz 95062 rent trends

Beds

Pricing by Bedroom

1 Bed

$2,907

from $2,890 · 4 units

~624 sqft avg

2 Bed

$3,703

from $3,546 · 6 units

~881 sqft avg

3 Bed

$4,136

from $4,082 · 3 units

~955 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 (16)

Largest 8 movers of 16

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

$96K

$1.2M annual run rate

Modeled estimate

Est. Occupancy

67%

of about 39 units (modeled from leasing activity)

Effective Rent on New Leases

$3,687

vs $3,558 current asking

Recent Lease Activity

39 units tracked; 26 assumed leased, 13 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

Moderate availability

4 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Santa Cruz, CA

Similar

Cypress Point Apartments

$2,406 Riverfront Apartments

$2,689 Chestnut Street Apartments

$2,707 1010 Pacific

$2,829 San Lorenzo Apartments

$2,850

Breakwater Apartments

$2,890

The Sands

$3,720

Comparing this building against 6 similar Santa Cruz, CA apartments by price. Click any bar to view that building.

See rent trends on the Santa Cruz, CA map Explore Santa Cruz, CA on the interactive map

Available Units

Sort

13 units

1 Bed / 1 Bath 1x1A

$2,890/mo

624 ft² · $4.63/ft² · #504

1 Bed / 1 Bath 1x1A

$2,903/mo

624 ft² · $4.65/ft² · #403

Down $6 since Sep 29 (was $2,909)

1 Bed / 1 Bath 1x1A

$2,912/mo

624 ft² · $4.67/ft² · #506

Down $6 since Sep 29 (was $2,918)

1 Bed / 1 Bath 1x1A

$2,924/mo

624 ft² · $4.69/ft² · #501

Down $1 since Sep 29 (was $2,925)

2 Bed / 1 Bath 2x1A

$3,546/mo

860 ft² · $4.12/ft² · #601

Up $49 since Sep 30 (was $3,497)

2 Bed / 1 Bath 2x1A

$3,595/mo

860 ft² · $4.18/ft² · #116

Up $49 since Sep 30 (was $3,546)

2 Bed / 1 Bath 2x1A

$3,673/mo

860 ft² · $4.27/ft² · #203

Up $50 since Sep 30 (was $3,623)

2 Bed / 2 Bath 2x1.5THA

$3,784/mo

923 ft² · $4.10/ft² · #305

2 Bed / 1 Bath 2x1A

$3,795/mo

860 ft² · $4.41/ft² · #610

2 Bed / 2 Bath 2x1.5THA

$3,823/mo

923 ft² · $4.14/ft² · #312

Down $114 since Sep 30 (was $3,937)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
504	1x1A	1bd / 1ba	624	$2,890	$4.63	Now	Pro
403	1x1A	1bd / 1ba	624	$2,903	$4.65	Oct 24, 2026	Pro	Down $6 since Sep 29
506	1x1A	1bd / 1ba	624	$2,912	$4.67	Oct 30, 2026	Pro	Down $6 since Sep 29
501	1x1A	1bd / 1ba	624	$2,924	$4.69	Nov 4, 2026	Pro	Down $1 since Sep 29
601	2x1A	2bd / 1ba	860	$3,546	$4.12	Now	Pro	Up $49 since Sep 30
116	2x1A	2bd / 1ba	860	$3,595	$4.18	Now	Pro	Up $49 since Sep 30
203	2x1A	2bd / 1ba	860	$3,673	$4.27	Now	Pro	Up $50 since Sep 30
305	2x1.5THA	2bd / 2ba	923	$3,784	$4.10	Now	Pro
610	2x1A	2bd / 1ba	860	$3,795	$4.41	Oct 30, 2026	Pro
312	2x1.5THA	2bd / 2ba	923	$3,823	$4.14	Now	Pro	Down $114 since Sep 30
206	3x2A	3bd / 2ba	955	$4,082	$4.27	Now	Pro	Up $31 since Sep 30
209	3x2A	3bd / 2ba	955	$4,159	$4.35	Now	Pro	Down $121 since Sep 30
208	3x2A	3bd / 2ba	955	$4,168	$4.36	Now	Pro	Down $125 since Sep 30

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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Train activity

Train activity nearby

Freight line 1,648 ft away

Trains pass infrequently
No road crossing within earshot. Horns unlikely.
Operator: SPP

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 Santa Cruz, CA notes

No resident notes for this property yet.