Average Rent in Revere, MA

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Current Versus Historical Revere, MA Rents

Revere rentals average $1,800 for a studio rental to $6,000 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $3 per square feet.
For the apartment units and housing in July 2024, median rents have risen over the last year. Studio rentals prices have increased by $42 (2.37%) year-over-year from $1,758 to $1,800. 1-bedroom rentals prices have increased by $150 (7.50%) year-over-year from $2,000 to $2,150. 2-bedroom rentals prices have decreased by $358 (-12.54%) year-over-year from $2,858 to $2,500. 3-bedroom rentals prices have decreased by $50 (-1.52%) year-over-year from $3,300 to $3,250. 4-bedroom rentals prices have increased by $933 (21.13%) year-over-year from $4,417 to $5,350. 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 0.93% this month. 1-bedroom rents have gone up by 3.61% this month. 2-bedroom rents have gone down by 8.81% this month. 3-bedroom rents have gone up by 4.00% this month. 4-bedroom rents have gone up by 23.94% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.12 $1,800 $1,758 (2.37%) $1,739 (3.49%)
1 BR $2.94 $2,150 $2,000 (7.50%) $1,644 (30.80%)
2 BR $2.70 $2,500 $2,858 (-12.54%) $2,196 (13.85%)
3 BR $2.18 $3,250 $3,300 (-1.52%) $2,600 (25.00%)
4+ BR $2.17 $5,350 $4,417 (21.13%) $2,698 (98.27%)

Historical Rents in Revere, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Revere

There are a total of 7 cities nearby Revere. The average rent in Revere is currently $2,800 per month. Our records show that Lynn, MA, with an average rent of $2,478, is the most affordable city nearby. In contrast, the most expensive city near Revere, MA is Somerville, MA. Monthly rents here are on average $3,630 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 8.33% more expensive than other cities nearby. One bedrooms are about 6.98% more affordable. Two bedrooms in Revere, MA are about 12.62% more affordable. Finally, rent for three bedrooms are about 7.69% more affordable. Want more information? Check out the top 7 cities near Revere, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,650 $2,394 $2,500 $2,478
Chelsea, MA $1,675 $1,950 $2,900 $2,695
Everett, MA N/A $2,125 $2,800 $2,750
Malden, MA N/A $2,175 $2,800 $2,800
Medford, MA $1,163 $2,300 $3,000 $3,500
Boston, MA $2,720 $3,200 $3,825 $3,548
Somerville, MA $2,050 $2,758 $3,398 $3,630

Top Neighborhoods Near Revere

There are a total of 18 neighborhoods in or near Revere. Some of these neighborhoods include Jeffries Point - Airport, Central Maverick Square - Paris Street, and Mid-Cambridge. We've included all of these top 18 neighborhoods in or near Revere, MA in the following chart.

The average rent for these 18 neighborhoods in or near Revere, MA is currently around $3,737 per month. Meaning, only eighteen neighborhoods have a higher average rent than $3,737. Interestingly, the neighborhoods' average rent is higher than Revere's average rent, which is only $2,400. Out of all the neighborhoods in or near Revere, Jeffries Point - Airport has the most affordable average rent at $3,000 per month. Whereas, at $4,400 average rent per month, City Point is the most expensive neighborhood in or near Revere. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Jeffries Point - Airport, Boston, MA $2,350 $2,500 $3,200 $3,000
Central Maverick Square - Paris Street, Boston, MA N/A $2,700 $3,400 $3,000
Mid-Cambridge, Cambridge, MA $2,525 $2,800 $3,925 $3,340
Back Bay, Boston, MA $2,400 $3,200 $5,800 $3,400
West End, Boston, MA $2,905 $3,400 $4,865 $3,460
Beacon Hill, Boston, MA $2,273 $3,225 $4,300 $3,495
North End, Boston, MA $2,450 $3,165 $4,500 $3,575
Columbus Park - Andrew Square, Boston, MA $2,715 $2,750 $3,650 $3,723
Chinatown - Leather District, Boston, MA $3,292 $3,583 $5,122 $3,725
East Cambridge, Cambridge, MA $2,995 $3,500 $4,273 $3,748
Downtown Boston, Boston, MA $2,865 $3,453 $4,544 $3,900
South End, Boston, MA $2,846 $3,480 $4,800 $3,980
Kendall Square, Cambridge, MA $3,111 $3,880 $4,606 $3,990
D Street - West Broadway, Boston, MA $3,179 $3,718 $4,600 $4,041
Telegraph Hill, Boston, MA N/A $2,900 $3,600 $4,100
Mission Hill, Boston, MA N/A $2,750 $3,450 $4,100
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,650 $4,073 $4,850 $4,127
City Point, Boston, MA $2,300 $2,600 $3,900 $4,400

Top Counties Near Revere

There are a total of 18 counties located by Revere, MA. Some of these counties include Revere, MA, Lynn, MA, and Chelsea, MA. The average rent for rentals in these counties is $2,775. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Revere, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $3,630, Somerville, MA is the most expensive county by Revere, MA.

Typically, rent for studios in Revere, MA is 7.64% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Revere, MA is 4.07% more affordable than other counties nearby. Finally, rent for two bedrooms in Revere, MA is 10.68% more affordable than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Revere, MA $1,800 $2,150 $2,575 $2,400
Lynn, MA $1,650 $2,394 $2,500 $2,478
Chelsea, MA $1,675 $1,950 $2,900 $2,695
Everett, MA N/A $2,125 $2,800 $2,750
Malden, MA N/A $2,175 $2,800 $2,800
Medford, MA $1,163 $2,300 $3,000 $3,500
Boston, MA $2,720 $3,200 $3,825 $3,548
Somerville, MA $2,050 $2,758 $3,398 $3,630

Top Zipcodes Near Revere

There are a total of 22 zipcodes in or near Revere, MA. The average rent for all of these zipcodes is $3,549.

The following chart includes the top 10 zipcodes in Revere, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02114, Boston, MA $2,728 $3,395 $4,488 $3,630
02210, Boston, MA $3,240 $3,850 $5,029 $4,161
02127, Boston, MA $2,200 $2,900 $3,800 $4,000
02118, Boston, MA $2,885 $3,410 $4,800 $3,948
02215, Boston, MA $2,450 $4,073 $5,000 $4,073
02116, Boston, MA $2,575 $3,493 $5,442 $3,785
02142, Cambridge, MA $3,015 $3,702 $4,417 $3,910
02128, Boston, MA $2,345 $2,550 $3,350 $3,150
02139, Cambridge, MA $2,400 $2,800 $3,800 $3,800
02155, Medford, MA $1,163 $2,300 $3,000 $3,500

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 $2,400. 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 $1,800 and an average price per square feet of $4.12. There are a total of 9 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 $2,150 and an average price per square feet of $2.94. There are a total of 15 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 $2,575 and an average price per square feet of $2.70. There are a total of 16 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 0.02%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Revere, MA?
A reasonable rent price in Revere, MA is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.
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