Average Rent in Revere, MA

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Current Versus Historical Revere, MA Rents

Revere rentals average $1,650 for a studio rental to $5,750 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $133 (-7.43%) year-over-year from $1,783 to $1,650. 1-bedroom rentals prices have increased by $292 (14.52%) year-over-year from $2,008 to $2,300. 2-bedroom rentals prices have increased by $50 (1.85%) year-over-year from $2,700 to $2,750. 3-bedroom rentals prices have decreased by $83 (-2.70%) year-over-year from $3,083 to $3,000. 4-bedroom rentals prices have increased by $33 (0.76%) year-over-year from $4,367 to $4,400. 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 down by 9.17% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 2.80% this month. 3-bedroom rents have gone down by 8.16% this month. 4-bedroom rents have gone up by 4.76% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.58 $1,650 $1,783 (-7.43%) $1,787 (-7.69%)
1 BR $3.14 $2,300 $2,008 (14.52%) $2,058 (11.74%)
2 BR $2.83 $2,750 $2,700 (1.85%) $2,083 (32.00%)
3 BR $2.25 $3,000 $3,083 (-2.70%) $2,598 (15.48%)
4+ BR $2.67 $4,400 $4,367 (0.76%) $2,667 (65.00%)

Historical Rents in Revere, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Revere

There are a total of 5 cities nearby Revere. The average rent in Revere is currently $3,200 per month. Only one city nearby has an average rent lower than that. Our records show that Lynn, MA, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near Revere, MA is Boston, MA. Monthly rents here are on average $3,400 per month.

Let's compare Revere, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Revere, MA is on par with the other cities nearby. One bedrooms are about 8.04% more affordable. Two bedrooms in Revere, MA are about 1.79% more affordable. Finally, rent for three bedrooms are about 8.20% more affordable. Want more information? Check out the top 5 cities near Revere, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,595 $1,950 $2,400 $1,950
Malden, MA N/A $2,200 $2,850 $2,800
Medford, MA $1,650 $2,900 $2,725 $3,200
Somerville, MA $2,330 $2,485 $3,200 $3,275
Boston, MA $2,400 $3,000 $3,400 $3,400

Top Neighborhoods Near Revere

There are a total of 9 neighborhoods in or near Revere. Some of these neighborhoods include Beacon Hill, Fenway - Kenmore - Audubon Circle - Longwood, and West End. We've included all of these top 9 neighborhoods in or near Revere, MA in the following chart.

The average rent for these 9 neighborhoods in or near Revere, MA is currently around $3,695 per month. Meaning, only nine neighborhoods have a higher average rent than $3,695. Interestingly, the neighborhoods' average rent is higher than Revere's average rent, which is only $2,500. Out of all the neighborhoods in or near Revere, Beacon Hill has the most affordable average rent at $3,500 per month. Whereas, at $4,350 average rent per month, D Street - West Broadway is the most expensive neighborhood in or near Revere. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Beacon Hill, Boston, MA $2,225 $3,475 $3,700 $3,500
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,400 $2,898 $4,588 $3,500
West End, Boston, MA $2,783 $3,480 $4,770 $3,586
East Cambridge, Cambridge, MA $3,180 $3,473 $3,900 $3,695
North End, Boston, MA N/A $2,800 $4,300 $3,695
Back Bay, Boston, MA $2,475 $3,400 $4,600 $3,913
Downtown Boston, Boston, MA $3,115 $3,750 $5,350 $4,148
South End, Boston, MA $2,425 $3,443 $4,400 $4,165
D Street - West Broadway, Boston, MA $3,075 $3,725 $4,300 $4,350

Top Counties Near Revere

There are a total of 9 counties located by Revere, MA. Some of these counties include Lynn, MA, Revere, MA, and Malden, MA. The average rent for rentals in these counties is $3,000. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $1,950. Vice versa, with an average rent of $3,400, Boston, MA is the most expensive county by Revere, MA.

Typically, rent for studios in Revere, MA is on par with the other counties nearby. In comparison, rent for one bedroom listings in Revere, MA is 4.02% more affordable than other counties nearby. Finally, rent for two bedrooms in Revere, MA is 0.89% 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 $1,595 $1,950 $2,400 $1,950
Revere, MA $1,650 $2,300 $2,800 $2,500
Malden, MA N/A $2,200 $2,850 $2,800
Medford, MA $1,650 $2,900 $2,725 $3,200
Somerville, MA $2,330 $2,485 $3,200 $3,275
Boston, MA $2,400 $3,000 $3,400 $3,400

Top Zipcodes Near Revere

There are a total of 3 zipcodes in or near Revere, MA. The average rent for all of these zipcodes is $4,050.

The following chart includes the top 3 zipcodes in 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 $2,200 $2,525 $2,950 $2,800
02116, Boston, MA $2,800 $3,238 $4,998 $4,250
02118, Boston, MA $450 $3,443 $4,400 $4,050

Frequently Asked Questions - Revere Average Rents

What is the average rent price in Revere, MA?
The average monthly rental price for Revere, MA apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Revere, MA.
How much is a studio apartment in Revere, MA?
The average monthly rental price for studio apartments is $1,650 and an average price per square feet of $1.58. There are a total of 6 studio apartment listings currently available for rent in Revere.
How much is a one bedroom apartment in Revere, MA?
The average monthly rental price for one bedroom apartments is $2,300 and an average price per square feet of $3.14. There are a total of 26 one bedroom apartment listings currently available for rent in Revere.
How much is a two bedroom apartment in Revere, MA?
The average monthly rental price for two bedroom apartments is $2,800 and an average price per square feet of $2.83. There are a total of 19 two bedroom apartment listings currently available for rent in Revere.
How have rent prices in Revere, MA changed this year?
Rent prices for rentals in Revere, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Revere, MA?
A reasonable rent price in Revere, MA is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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