
Cheap Homes for Rent in Oak Island Neighborhood of Revere, MA from $1,800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Oak Island area of Revere.


37 Cecilian Ave, Unit 1st floor

50 Hichborn St

1129 N Shore Rd, Unit 1

1129 N Shore Rd, Unit 2
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

19 S Cambridge St

530 Beach St

502 Beach St

10 Franklin Ave

30 Revere Beach Pkwy
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Oak Island, Revere, MA Local Guide

How much does it cost to rent a home in Oak Island?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Oak Island 2 Bedroom Homes for Rent | $2,700 | $2,250 | $3,300 |
| Oak Island 3 Bedroom Homes for Rent | $3,386 | $2,650 | $4,500 |
| Oak Island 4 Bedroom Homes for Rent | $4,150 | $4,100 | $4,200 |
| Oak Island 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Oak Island Neighborhood of Revere, MA.
Explore Revere
Cheapest Available Oak Island Apartments for Rent
 The cheapest available apartment rental in the Oak Island area of Boston, MA is a Studio unit found at Rumney Flats priced from $1,835. Northgate Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,860. Here are the most affordable Oak Island apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rumney Flats | SB | Studio,1BA | $1,835 |
| Northgate Apartments | One Bedroom | 1BR,1BA | $1,860 |
| Pratt Place Apartments | 1 Bedroom, 1st Floor | 1BR,1BA | $1,869 |
Best Value Apartments for Rent in Oak Island, MA
As of January 21, 2026 the best value apartment in the Oak Island area is the $2.65 price per square foot 40 Fowler Ave Model at 40 Fowler Ave in the in the East Saugus neighborhood starting from $4,100. The second greatest value Oak Island apartment is the Two Bedroom Model at 176 Broadway starting at $2,295 with a $1.91 price per square foot in the West Revere neighborhood. Here is today’s list of the best values for Oak Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 40 Fowler Ave | 40 Fowler Ave | 3BR,1.5BA | $2.65 |
| 176 Broadway | Two Bedroom | 2BR,2BA | $1.91 |
| 220 Spencer Ave | 220 Spencer Ave | 1BR,1BA | $2.00 |
| 25 Hooper St, Unit 2 | 25 Hooper St | 3BR,1BA | $2.41 |
| 80 Carroll St, Unit 1 | 80 Carroll St | 2BR,1BA | $2.55 |
| 23 Endicott Ave | 23 Endicott Ave | 1BR,1BA | $2.56 |
| West of One | 1 bed/ 1 bath B | 1BR,1BA | $2.70 |
| 14 Seagirt Ave, Unit 1 | 14 Seagirt Ave | 2BR,1BA | $2.71 |
| Ocean Point Apartments | 1 Bedroom | 1BR,1BA | $2.70 |
| 18 Hancock St | 18 Hancock St | 1BR,1BA | $2.63 |
Frequently Asked Questions about Oak Island
What type of rentals are currently available in Oak Island?
There are currently 253 Apartments for Rent in Oak Island, MA with pricing that ranges from $1,650 to $8,583. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Island ranging from $1,850 to $4,500.
What is the current price range for Rental Homes in Oak Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Island ranges from $1,850 to $4,500 with an average monthly rent of $3,292.
How much are larger Three and Four Bedroom Rentals in Oak Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Island range from $2,550 to $6,013, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $4,500. Four Bedroom Single-Family rentals are also available starting from $4,100 and Four Bedroom Apartments start at $3,500.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!