Average Rent in Revere, MA

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Current Versus Historical Revere, MA Rents

Revere rentals average $1,700 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $2,725, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $50 (2.90%) year-over-year from $1,725 to $1,775. 1-bedroom rentals prices have decreased by $83 (-3.82%) year-over-year from $2,183 to $2,100. 2-bedroom rentals prices have increased by $117 (4.43%) year-over-year from $2,633 to $2,750. 3-bedroom rentals prices have increased by $100 (3.23%) year-over-year from $3,100 to $3,200. 4-bedroom rentals prices have decreased by $383 (-9.16%) year-over-year from $4,183 to $3,800. 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 1.84% this month. 1-bedroom rents have gone up by 0.80% this month. 2-bedroom rents have gone up by 3.77% this month. 3-bedroom rents have gone down by 0.78% this month. 4-bedroom rents have gone down by 9.52% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.17 $1,775 $1,725 (2.90%) $1,698 (4.56%)
1 BR $3.01 $2,100 $2,183 (-3.82%) $1,665 (26.13%)
2 BR $2.74 $2,750 $2,633 (4.43%) $1,833 (50.00%)
3 BR $2.29 $3,200 $3,100 (3.23%) $2,558 (25.08%)
4+ BR $1.89 $3,800 $4,183 (-9.16%) $3,033 (25.27%)

Historical Rents in Revere, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Revere

There are a total of 4 cities nearby Revere. The average rent in Revere is currently $3,575 per month. Only one city nearby has an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Revere, MA is Somerville, MA. Monthly rents here are on average $3,900 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 12.50% more affordable than other cities nearby. One bedrooms are about 23.52% more affordable. Two bedrooms in Revere, MA are about 13.95% more affordable. Finally, rent for three bedrooms are about 10.61% more affordable. Want more information? Check out the top 4 cities near Revere, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Medford, MA N/A $2,698 $2,800 $3,500
Boston, MA $2,774 $3,400 $3,978 $3,650
Somerville, MA $2,125 $2,738 $3,695 $3,900

Top Neighborhoods Near Revere

There are a total of 13 neighborhoods in or near Revere. Some of these neighborhoods include Central Maverick Square - Paris Street, Beacon Hill, and North End. We've included all of these top 13 neighborhoods in or near Revere, MA in the following chart.

The average rent for these 13 neighborhoods in or near Revere, MA is currently around $3,858 per month. Meaning, only thirteen neighborhoods have a higher average rent than $3,858. Interestingly, the neighborhoods' average rent is higher than Revere's average rent, which is only $2,725. Out of all the neighborhoods in or near Revere, Central Maverick Square - Paris Street has the most affordable average rent at $3,200 per month. Whereas, at $4,500 average rent per month, Back Bay is the most expensive neighborhood in or near Revere. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central Maverick Square - Paris Street, Boston, MA $2,418 $3,000 $3,400 $3,200
Beacon Hill, Boston, MA $2,300 $3,750 $3,750 $3,500
North End, Boston, MA $2,400 $3,250 $4,675 $3,500
West End, Boston, MA $2,913 $3,320 $4,870 $3,546
South End, Boston, MA $3,006 $3,400 $4,495 $3,568
East Cambridge, Cambridge, MA $3,047 $3,350 $4,300 $3,600
Downtown Boston, Boston, MA $2,843 $3,443 $4,517 $3,858
Chinatown - Leather District, Boston, MA $3,292 $3,600 $5,550 $3,925
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,550 $3,931 $4,658 $4,000
Kendall Square, Cambridge, MA $3,123 $3,936 $4,606 $4,005
D Street - West Broadway, Boston, MA $3,240 $3,822 $4,698 $4,163
Mission Hill, Boston, MA N/A $2,800 $3,375 $4,400
Back Bay, Boston, MA $2,350 $3,528 $5,714 $4,500

Top Counties Near Revere

There are a total of 13 counties located by Revere, MA. Some of these counties include Lynn, MA, Medford, MA, and Boston, MA. The average rent for rentals in these counties is $3,575. 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 Lynn, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $3,900, Somerville, MA is the most expensive county by Revere, MA.

Typically, rent for studios in Revere, MA is 12.50% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Revere, MA is 23.52% more affordable than other counties nearby. Finally, rent for two bedrooms in Revere, MA is 13.95% more affordable than other counties nearby. We've listed the top 4 counties in the chart below.
County Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Medford, MA N/A $2,698 $2,800 $3,500
Boston, MA $2,774 $3,400 $3,978 $3,650
Somerville, MA $2,125 $2,738 $3,695 $3,900

Top Zipcodes Near Revere

There are a total of 17 zipcodes in or near Revere, MA. The average rent for all of these zipcodes is $3,843.

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 $2,740 $3,395 $4,228 $3,675
02210, Boston, MA $3,240 $3,819 $5,000 $4,104
02127, Boston, MA $2,700 $3,100 $3,700 $4,100
02118, Boston, MA $3,003 $3,385 $4,590 $3,590
02215, Boston, MA $2,388 $4,072 $4,566 $3,891
02116, Boston, MA $2,843 $3,530 $5,530 $4,029
02142, Cambridge, MA $3,135 $3,635 $4,383 $3,908
02128, Boston, MA $2,500 $2,798 $3,300 $3,200
02139, Cambridge, MA $2,325 $2,800 $3,500 $3,500
02155, Medford, MA N/A $2,698 $2,800 $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 $2,725. 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 $1,700 and an average price per square feet of $0.17. There are a total of 3 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 $2,200 and an average price per square feet of $3.01. There are a total of 16 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 $2,850 and an average price per square feet of $2.74. There are a total of 12 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 0.03%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.04%, 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 $2,180/month. You can search for these reasonably priced rental listings on RentHop.
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