
Cheap Homes for Rent in Oak Island Neighborhood of Revere, MA from $1,900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Oak Island area of Revere.


257 Washington Ave, Unit 1

257 Washington Ave, Unit 1

286 Revere St, Unit 3R

465 Revere Beach Blvd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

394 Ocean Ave, Unit 412

257 Washington Ave, Unit 34

960 Broadway

1096 N Shore Rd, Unit 1

238 Everett St, Unit 1
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.

238 Everett St, Unit 1
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 | $2,931 | $2,250 | $4,350 |
| Oak Island 3 Bedroom Homes for Rent | $3,268 | $2,600 | $4,150 |
| Oak Island 4 Bedroom Homes for Rent | $4,100 | $3,800 | $4,600 |
| Oak Island 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 10 Yeamans St priced from $1,625. Carlyle House Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Oak Island apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 10 Yeamans St | 0 Beds, 1 Baths | Studio,1BA | $1,625 |
| Carlyle House Apartments | Studio, non-renovated (Exeter) | Studio,1BA | $1,700 |
| The Willet | Studio - 501 | Studio,1BA | $1,815 |
| The Chase at Overlook Ridge | Design EA - W | Studio,1BA | $1,973 |
| Northgate Apartments | Studio | Studio,1BA | $1,980 |
Best Value Apartments for Rent in Oak Island, MA
As of June 18, 2026 the best value apartment in the Oak Island area is the $0.02 price per square foot 28 Yeamans St Model at 28 Yeamans St, Unit 2 in the in the West Revere neighborhood starting from $2,250. The second greatest value Oak Island apartment is the 220 Spencer Ave Model at 220 Spencer Ave starting at $2,400 with a $2.00 price per square foot in the Chelsea Square 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. |
|---|---|---|---|
| 28 Yeamans St, Unit 2 | 28 Yeamans St | 1BR,1BA | $0.02 |
| 220 Spencer Ave | 220 Spencer Ave | 1BR,1BA | $2.00 |
| 190 North Shore | New 2bd center unit | 2BR,2BA | $2.58 |
| 80 Carroll St, Unit 1 | 80 Carroll St | 2BR,1BA | $2.55 |
| 23 Endicott Ave | 23 Endicott Ave | 1BR,1BA | $2.56 |
| 78 Haddon St, Unit 1 | 78 Haddon St | 2BR,1BA | $2.47 |
| Essex Landing Saugus | One Bedroom | 1BR,1BA | $2.78 |
| 18 Hancock St | 18 Hancock St | 1BR,1BA | $2.63 |
| 176 Broadway | One Bedroom | 1BR,1BA | $2.85 |
| 12 Mount Vernon St, Unit BASEMENT | 12 Mount Vernon St | 1BR,1BA | $2.14 |
Frequently Asked Questions about Oak Island
What type of rentals are currently available in Oak Island?
There are currently 246 Apartments for Rent in Oak Island, MA with pricing that ranges from $900 to $16,360. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Island ranging from $1,900 to $4,600.
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 $1,900 to $4,600 with an average monthly rent of $3,187.
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 $2,600 to $5,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $4,150. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $3,200.
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.
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.