Skip to content
Breakwater Apartments apartments in Santa Cruz, CA

Updated

Breakwater Apartments

1630 Merrill St, Santa Cruz, CA 95062, USA

Live pricing, refreshed

14
Units Listed
$2,915
Starting at
$3,799
Average
$4,249
Highest
$4.38
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Santa Cruz 95062 rent trends

Beds

Pricing by Bedroom

1 Bed
$2,915
from $2,915 · 2 units
~624 sqft avg
2 Bed
$3,809
from $3,702 · 8 units
~884 sqft avg
3 Bed
$4,219
from $4,196 · 4 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 (15)

Largest 8 movers of 15

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

$24K

$293K annual run rate

Modeled estimate

Est. Occupancy

33%

of about 21 units (modeled from leasing activity)

Effective Rent on New Leases

$3,491

vs $3,799 current asking ($308 negotiation gap)

Recent Lease Activity

21 units tracked; 7 assumed leased, 14 listed now

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

Unlock with Pro

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

14

Moderate availability

4 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

14 units
1 Bed / 1 Bath A1
$2,915/mo
624 ft² · $4.67/ft² · #502
Up $9 since Aug 12 (was $2,906)
1 Bed / 1 Bath A1
$2,915/mo
624 ft² · $4.67/ft² · #504
2 Bed / 1 Bath B1
$3,702/mo
860 ft² · $4.30/ft² · #116
Up $50 since Aug 15 (was $3,652)
2 Bed / 1 Bath B1
$3,704/mo
860 ft² · $4.31/ft² · #115
Up $102 since Aug 6 (was $3,602)
2 Bed / 1 Bath B1
$3,706/mo
860 ft² · $4.31/ft² · #601
Up $99 since Aug 6 (was $3,607)
2 Bed / 1 Bath B1
$3,706/mo
860 ft² · $4.31/ft² · #606
Up $50 since Aug 15 (was $3,656)
2 Bed / 1 Bath B1
$3,712/mo
860 ft² · $4.32/ft² · #203
Up $96 since Aug 6 (was $3,616)
2 Bed / 2 Bath B2
$3,944/mo
923 ft² · $4.27/ft² · #305
Up $54 since Aug 15 (was $3,890)
2 Bed / 2 Bath B2
$3,987/mo
923 ft² · $4.32/ft² · #312
Up $53 since Aug 15 (was $3,934)
2 Bed / 2 Bath B2
$4,013/mo
923 ft² · $4.35/ft² · #311
Up $54 since Aug 15 (was $3,959)

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.

Similar Apartments in Santa Cruz, CA

Santa Cruz 95062 Rent Trends

See how rent prices are changing in Santa Cruz 95062 and across Santa Cruz, CA.

View Trends

Don't see your city?

Tell us where you're moving. We'll find apartments nearby and start tracking real prices for you, free.

Request Your City

Looking for the best deal?

Find Your Match