Cheap Apartments for Rent in the Oak Island Neighborhood of Revere, MA from $1,000 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Oak Island area of Revere.

property at 2 Second St

2 Second St

RevereMA02151

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

property at 55 Walnut Ave

55 Walnut Ave

RevereMA02151

Oak Island, Revere, MA Local Guide

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 Ocean Point Apartments priced from $1,800. Warden Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here are the most affordable Oak Island apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Ocean Point ApartmentsStudioStudio,1BA$1,800
Warden PlaceOne Bedroom1BR,1BA$1,950
The Chase at Overlook RidgeDesign EBStudio,1BA$1,973
Ocean Plaza ApartmentsStudioStudio,1BA$1,995

Best Value Apartments for Rent in Oak Island, MA

As of March 25, 2025 the best value apartment in the Oak Island area is the $0.23 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 82 Chestnut St Model at 82 Chestnut St, Unit #3 starting at $2,000 with a $0.20 price per square foot in the East Saugus neighborhood. Here is today’s list of the best values for Oak Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
28 Yeamans St, Unit #228 Yeamans St2BR,2BA$0.23
82 Chestnut St, Unit #382 Chestnut St1BR,1BA$0.20
33 Franklin Ave, Unit #833 Franklin Ave2BR,1BA$0.25
32 Franklin Pl, Unit #332 Franklin Pl2BR,1BA$0.25
201 Ocean Ave, Unit #674-104201 Ocean Ave1BR,1BA$0.25
200 Ocean Ave, Unit #660-232200 Ocean Ave1BR,1BA$0.25
354 Revere Beach Blvd, Unit #9354 Revere Beach Blvd1BR,1BA$0.27
35 Franklin Ave, Unit #335 Franklin Ave2BR,1BA$0.25
45 Bruno St, Unit #B45 Bruno St2BR,1BA$0.22
19 Saugus Ave19 Saugus Ave3BR,2BA$1.88

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Pet Friendly Lifestyle
Oak Island, Revere, MA

Ranked #7

Among neighborhoods in Revere, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Oak Island Neighborhood in Revere, MA

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Oak Island Apartments

What is the Cheapest Studio apartment in Oak Island?

Currently the most affordable Cheap Studio Apartment in Oak Island is at Ocean Point Apartments listed at $1,800.

How much is rent for a Cheap One Bedroom Oak Island Apartment?

The lowest price for a Cheap One Bedroom Oak Island Apartment is $1,950 at Warden Place.

What is the lowest price for a Cheap Two Bedroom Oak Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Island is starting from $2,344 at Pratt Place Apartments.

What is the most affordable Oak Island Three Bedroom Apartment?

The best deal on a cheap Oak Island Three Bedroom Apartment rental is at Gibson Point and starts from $4,560.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.