Last updated on October 13, 2026

Average rent in
Oak Island, Revere, MA

Median rent

Median rent in Oak Island

$2,875/mo

decreased by7%

vs previous year

The average rent in Oak Island is $2,875 per month as of October 2026. This is 51% above the national average rent, or $975 more per month.

$3.35

average price per square foot

Total rentals

Available rentals in Oak Island

20

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Oak Island rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Oak Island, Revere, MA

Average rent prices in Oak Island have increased by 9% over the last month and have decreased by 7% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Oak Island, Revere, MA

Rent prices in Oak Island vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Oak Island is $2,850, whereas a house costs $3,500. 1-bedroom apartments in Oak Island run $2,400 on average, while 2-bedroom apartments are $3,000.

Listings

Studio

$1,850

No Change

14%

1 bedroom

$2,400

39%

27%

2 bedroom

$3,237

1%

2%

3 bedroom

$3,600

36%

-

4 bedroom

$4,050

-

6%

Studio

Average rent

$1,850

Last 30 days

No Change

Last year

14%

1 bedroom

Average rent

$2,400

Last 30 days

39%

Last year

27%

2 bedroom

Average rent

$3,237

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$3,600

Last 30 days

36%

4 bedroom

Average rent

$4,050

Last year

6%

The table above reflects average rent prices in Oak Island, Revere, MA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Oak Island, Revere, MA compare to other neighborhoods?

Compare median rent prices in Oak Island and Addison Orange by all bedroom counts and property types.

Oak Island

Median rent price$2,875
increased by51%

higher than the national median

Median rent price$2,523
increased by33%

higher than the national median

Takeaway

The median rent for all rentals in Oak Island, Revere, MA is 14% higher than the median rent in Addison Orange, Chelsea, MA.

Discover rentals in Oak Island, Revere, MA

25 Alice St #1F - Photo 1 of 1

5d+ ago

Oak Island apartment for rent in Revere

3 beds

2 baths

$3,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Oak Island, Revere, MA

Quick answers to common questions about the Oak Island rental market.

How much is rent in Oak Island?

The average rent in Oak Island is $2,875 per month as of October 10, 2026.

Is rent up or down in Oak Island?

Average rent prices in Oak Island have increased by 9% over the last month and have decreased by 7% since last year.

How does Oak Island rent compare to the national average?

Rent in Oak Island is 51% above the national average, which means renters are paying approximately $975 more per month.

What salary do I need to afford rent in Oak Island?

To comfortably afford rent in Oak Island, you'd need to earn approximately $115,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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