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Average Rent in Revere 02151 & Rent Trends

Rent prices and market trends across 6 apartment communities in Revere 02151, Lynn, MA. Updated daily.

Area All Areas
Revere 02151
Salem 01970
Saugus 01906
Swampscott 01907

Market Average

$2,727/mo

▲ +5.2% from last month

Lowest Available

$2,251/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

23

available now

Price Cuts This Week in Revere 02151

21 listed units across 4 buildings offering studio units in Revere 02151 dropped their asking rent in the past 7 days, an average cut of $126/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Robinson Unit 1, S3 $2,894 $2,408 $486
The Robinson Unit 3, A2 $3,160 $2,895 $265
500 Ocean Ave Unit 425, B9 $4,473 $4,223 $250
BLVD at Revere Beach Unit 5, B2 $3,429 $3,266 $163
500 Ocean Ave Unit 737, B1-N $4,381 $4,231 $150
The Robinson Unit 2, S3 $2,553 $2,408 $145
The Robinson Unit 1, S2 $2,766 $2,622 $144
Ocean 650 Apartments Unit 6 $2,793 $2,653 $140
See today's prices on all 23 listed units

Revere 02151 vs Lynn, MA Average

Revere 02151 is cheaper than the Lynn, MA average by $232/mo (8%). The citywide average is $2,959/mo across all neighborhoods.

Is Rent Going Up or Down in Revere 02151?

As of August 2026, the average rent in Revere 02151 is $2,727 per month across 6 apartment communities and 23 available units. Rents have increased $161 (5.2%) over the past month.

The most affordable option is Ocean 650 Apartments starting at $2,251/mo. By unit type, a studio averages $2,727/mo.

Prices range from $2,251 to $3,558 per month. The most common price point is the $2,600 range, where 11 units are currently listed.

Revere 02151 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $3,238 - 5
July 2026 $3,144 -$94 6
August 2026 $3,246 +$102 6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Revere 02151

Studio
$2,727
from $2,251 · 23 units

Rent Prices by Apartment in Revere 02151

Property Starting at Average Units Rating
Ocean 650 Apartments $2,251/mo $2,814/mo 13 4.1
The Robinson $2,408/mo $2,408/mo 1 4.5
Gibson Point $2,449/mo $2,525/mo 2 4.6
BLVD at Revere Beach $2,489/mo $2,489/mo 1 4.1
500 Ocean Ave $2,510/mo $2,637/mo 3 3.8
Revio Revere Beach $2,735/mo $2,762/mo 3 5

Frequently Asked Questions About Rent in Revere 02151

What is the average rent in Revere 02151?

The average rent in Revere 02151 is $2,727 per month as of August 2026, based on 23 units across 6 apartment communities.

Is rent going up or down in Revere 02151?

Rent in Revere 02151 has increased $161 (5.2%) over the past month. The current average is $2,727/mo.

What is the cheapest apartment in Revere 02151?

The most affordable apartment in Revere 02151 is Ocean 650 Apartments with units starting at $2,251/mo.

How many apartments are available in Revere 02151?

There are 23 units available across 6 apartment communities in Revere 02151.

What salary do I need to live comfortably in Revere 02151?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$109,000/year

Based on the 30 percent rule, using our tracked average rent of $2,727/mo.

Comfortable income

$131,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,251/mo), you need to earn at least $90,000/year.

Median household income in Revere 02151 is $74,715 , about 43% below the comfortable-living threshold.

Cost of living in Revere 02151

Overall prices in Revere 02151 runs above the national average by about 10% (BEA Regional Price Parity index 110.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Revere 02151's regional price parities.

Category Monthly estimate
Rent (market average) $2,727
Utilities $637
Groceries $544
Transportation $1,520
Healthcare $741
Other goods and services $1,186
Estimated total $7,355/mo

Population

100,905

Median household income

$74,715

Census median rent

$1,612/mo

Rent as % of income

33.9%

Median age

36.8

Mean commute

31 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Revere 02151 Apartments

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