Median asking rent
R 15 500
Active listings
15
Median days on market
19d
Median rent per m²
R 179
P25 — P75
R14k – R23k
Listings with a price cut
13%
The average asking rent in Somerset Lakes is R15 500 a month (Nov 2026), down 22.5% since May 2026. Half of the 15 live listings ask between R14 200 and R22 750; a typical 2-bed is R14 850 and a 3-bed R28 000. Homes take about 36 days to let, and 1 in 8 has cut its asking price since listing.
Like-for-like: the line moves only when asking rents move, not when the mix of what is listed changes.
| Month | 1 bed | 2 bed | 3 bed | 4+ bed |
|---|---|---|---|---|
| May '26 | — | R 15 000 | R 27 000 | R 33 750 |
| Jun '26 | — | R 15 500 | R 27 000 | R 35 000 |
| Jul '26 | R 11 200 | R 14 700 | R 22 500 | — |
| Aug '26 | R 11 000 | R 15 500 | R 21 250 | — |
| Rent band | Listings | Share |
|---|---|---|
| <10k | 0 | 0% |
| 10–15k | 5 | 33% |
| 15–22k | 6 | 40% |
| 22–32k | 1 | 7% |
| 32–50k | 3 | 20% |
| 50k+ | 0 | 0% |
| Bedrooms | Listings | Share |
|---|
| Region | |||||
|---|---|---|---|---|---|
| Somerset Lakes | Somerset West | R 15 500 | 179 | 19d | 15 |
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How deep the price cuts run and how soon they come, days on market, who is letting, and filters by bedrooms and furnished — free with an account.
Asking rents from live listings since 14 May 2026 · updated 09 Nov 2026 · how these figures are measured.
| Sep '26 | R 10 900 | R 16 500 | R 23 000 | R 35 000 |
|---|
| Oct '26 | R 10 900 | R 15 250 | R 28 000 | — |
|---|
| Nov '26 | R 10 900 | R 14 850 | R 28 000 | — |
|---|
| 1 bed | 1 | 7% |
|---|---|---|
| 2 bed | 8 | 53% |
| 3 bed | 6 | 40% |
| Property type | Listings | Share |
|---|---|---|
| Apartment / Flat | 9 | 60% |
| House | 5 | 33% |
| Townhouse | 1 | 7% |