Average Rent in 02151, Revere, MA

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Current Versus Historical 02151, Revere, MA Rents

02151 rentals average $1,122 for a studio rental to $5,250 for a 4-bedroom rental. The median price of all currently available listings is $2,925, or roughly $3 per square feet.

For the apartment units and housing in October 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $125 (7.14%) year-over-year from $1,750 to $1,875. 1-bedroom rentals prices have increased by $408 (20.00%) year-over-year from $2,042 to $2,450. 2-bedroom rentals prices have increased by $229 (8.54%) year-over-year from $2,683 to $2,913. 3-bedroom rentals prices have increased by $417 (13.51%) year-over-year from $3,083 to $3,500. 4-bedroom rentals prices have increased by $67 (1.56%) year-over-year from $4,283 to $4,350. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.81% this month. 1-bedroom rents have gone up by 8.09% this month. 2-bedroom rents have gone up by 3.86% this month. 3-bedroom rents have gone up by 2.94% this month. 4-bedroom rents have gone down by 2.21% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.33	$1,875	$1,750 (7.14%)	$1,781 (5.27%)
1 BR	$3.52	$2,450	$2,042 (20.00%)	$1,867 (31.25%)
2 BR	$2.75	$2,913	$2,683 (8.54%)	$2,017 (44.42%)
3 BR	$2.51	$3,500	$3,083 (13.51%)	$2,649 (32.12%)
4+ BR	$2.28	$4,350	$4,283 (1.56%)	$2,300 (89.13%)

Historical Rents in 02151, Revere, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02151

There are a total of 6 cities nearby 02151. The average rent in 02151 is currently $2,988 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,083, is the most affordable city nearby. In contrast, the most expensive city near 02151, Revere, MA is Boston, MA. Monthly rents here are on average $3,300 per month.

Let's compare 02151, Revere, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02151, Revere, MA is 91.40% more affordable than other cities nearby. One bedrooms are about 3.59% more expensive. Two bedrooms in 02151, Revere, MA are about 3.97% more affordable. Finally, rent for three bedrooms are about 4.36% more expensive. Want more information? Check out the top 6 cities near 02151, Revere, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,575	$2,000	$2,500	$2,083
Malden, MA	$2,185	$2,150	$2,923	$2,650
Revere, MA	$2,108	$2,450	$2,900	$2,900
Medford, MA	N/A	$2,250	$2,800	$3,075
Somerville, MA	$2,475	$2,800	$2,963	$3,188
Boston, MA	$2,298	$2,950	$3,400	$3,300

Top Neighborhoods Near 02151

There are a total of 8 neighborhoods in or near 02151. Some of these neighborhoods include Beacon Hill, North End, and Fenway - Kenmore - Audubon Circle - Longwood. We've included all of these top 8 neighborhoods in or near 02151, Revere, MA in the following chart.

The average rent for these 8 neighborhoods in or near 02151, Revere, MA is currently around $3,775 per month. Meaning, only eight neighborhoods have a higher average rent than $3,775. Interestingly, the neighborhoods' average rent is higher than 02151's average rent, which is only $2,925. Out of all the neighborhoods in or near 02151, Beacon Hill has the most affordable average rent at $3,198 per month. Whereas, at $4,335 average rent per month, Downtown Boston is the most expensive neighborhood in or near 02151. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Beacon Hill, Boston, MA	$2,350	$2,988	$3,675	$3,198
North End, Boston, MA	N/A	$2,825	$3,750	$3,275
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,400	$2,873	$4,563	$3,500
East Cambridge, Cambridge, MA	$3,180	$3,435	$4,031	$3,550
South End, Boston, MA	$450	$3,473	$4,590	$4,000
D Street - West Broadway, Boston, MA	$2,808	$3,735	$4,350	$4,000
Back Bay, Boston, MA	$2,473	$3,100	$5,400	$4,250
Downtown Boston, Boston, MA	$2,860	$3,845	$5,170	$4,335

Top Counties Near 02151

There are a total of 8 counties located by 02151, Revere, MA. Some of these counties include Lynn, MA, Malden, MA, and Revere, MA. The average rent for rentals in these counties is $2,988. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,083. Vice versa, with an average rent of $3,300, Boston, MA is the most expensive county by 02151, Revere, MA.

Typically, rent for studios in 02151, Revere, MA is 91.40% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02151, Revere, MA is 3.59% more expensive than other counties nearby. Finally, rent for two bedrooms in 02151, Revere, MA is 3.97% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,575	$2,000	$2,500	$2,083
Malden, MA	$2,185	$2,150	$2,923	$2,650
Revere, MA	$2,108	$2,450	$2,900	$2,900
Medford, MA	N/A	$2,250	$2,800	$3,075
Somerville, MA	$2,475	$2,800	$2,963	$3,188
Boston, MA	$2,298	$2,950	$3,400	$3,300

Top Zipcodes Near 02151

There are a total of 3 zipcodes in or near 02151, Revere, MA. The average rent for all of these zipcodes is $3,950.

The following chart includes the top 3 zipcodes in 02151, Revere, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02128, Boston, MA	$2,375	$2,375	$2,900	$2,900
02116, Boston, MA	$2,495	$3,075	$5,500	$4,350
02118, Boston, MA	$425	$3,423	$4,584	$3,950

Frequently Asked Questions - 02151 Average Rents

What is the average rent price in 02151, Revere, MA?

The average monthly rental price for 02151, Revere, MA apartments for rent is approximately $2,925. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02151, Revere, MA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 02151, Revere, MA.

How much is a studio apartment in 02151, Revere, MA?

The average monthly rental price for studio apartments is $1,122 and an average price per square feet of $2.33. There are a total of 2 studio apartment listings currently available for rent in 02151.

How much is a one bedroom apartment in 02151, Revere, MA?

The average monthly rental price for one bedroom apartments is $2,438 and an average price per square feet of $3.52. There are a total of 16 one bedroom apartment listings currently available for rent in 02151.

How much is a two bedroom apartment in 02151, Revere, MA?

The average monthly rental price for two bedroom apartments is $2,800 and an average price per square feet of $2.75. There are a total of 20 two bedroom apartment listings currently available for rent in 02151.

How have rent prices in 02151, Revere, MA changed this year?

Rent prices for rentals in 02151, Revere, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by 0.20%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in 02151, Revere, MA?

A reasonable rent price in 02151, Revere, MA is around $2,340/month. You can search for these reasonably priced rental listings on RentHop.