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The Murray apartments in Summerville, SC

Updated

The Murray

500 Lama Dr, Summerville, SC 29486, USA

4.4 (197 reviews) Official Website

Live pricing, refreshed

23
Units Listed
$1,489
Starting at
$1,903
Average
$3,179
Highest
$1.94
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Summerville 29483 rent trends

Beds

Pricing by Bedroom

Studio
$1,534
from $1,489 · 3 units
~638 sqft avg
1 Bed
$1,684
from $1,663 · 5 units
~780 sqft avg
2 Bed
$1,969
from $1,797 · 14 units
~1,088 sqft avg
3 Bed
$3,179
from $3,179 · 1 units
~1,506 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 (32)

Largest 8 movers of 32

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

$546K

$6.5M annual run rate

Est. Occupancy

93%

of about 345 units (reported building size)

Effective Rent on New Leases

$1,694

vs $1,903 current asking ($209 negotiation gap)

Recent Lease Activity

91 units tracked; 68 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

7 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
Studio / 1 Bath S1
$1,489/mo
638 ft² · $2.33/ft² · #4220
Down $36 since Aug 21 (was $1,525)
Studio / 1 Bath S1
$1,529/mo
638 ft² · $2.40/ft² · #2404
Down $36 since Aug 21 (was $1,565)
Studio / 1 Bath S1
$1,584/mo
638 ft² · $2.48/ft² · #5422
Down $36 since Aug 21 (was $1,620)
1 Bed / 1 Bath A2
$1,663/mo
815 ft² · $2.04/ft² · #3214
Up $10 since Aug 21 (was $1,653)
1 Bed / 1 Bath A1
$1,674/mo
728 ft² · $2.30/ft² · #4119-ADA
Up $10 since Aug 21 (was $1,664)
1 Bed / 1 Bath A1
$1,689/mo
728 ft² · $2.32/ft² · #5116
Up $10 since Aug 21 (was $1,679)
1 Bed / 1 Bath A2
$1,693/mo
815 ft² · $2.08/ft² · #1108
Up $10 since Aug 21 (was $1,683)
1 Bed / 1 Bath A2
$1,703/mo
815 ft² · $2.09/ft² · #2119
Up $10 since Aug 21 (was $1,693)
2 Bed / 2 Bath B1
$1,797/mo
1,072 ft² · $1.68/ft² · #3317
Up $26 since Aug 19 (was $1,771)
2 Bed / 2 Bath B1
$1,806/mo
1,072 ft² · $1.68/ft² · #5305-ADA
Up $9 since Aug 22 (was $1,797)

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 Summerville, SC notes

No resident notes for this property yet.

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