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Rental Market Trends in Oak Island, NC

What is the average rent in Oak Island, NC?

$1,348/month

Average Rent

805 Sq Ft

Average Apartment Size

-4%

Decrease in the Last Year

As of April 2026, the average rent in Oak Island, NC is $1,348 per month. This is 18% lower than the national average rent of $1,641/month, making renting in Oak Island more affordable than most cities in the US. When you rent an apartment in Oak Island, you can expect to pay about per month for a studio, $1,348 for a one-bedroom apartment, and around $1,572 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,803 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,348/month
805 Sq Ft
Two Bedroom
$1,572/month
1,207 Sq Ft
Three Bedroom
$1,803/month
1,321 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Oak Island, NC?

In the past year, rent has decreased by 4%, which averages out to $54 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oak Island, NC
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Oak Island, NC
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Oak Island, NC?

Because the average rent in Oak Island is $1,348, you’ll want to make about $4,493 per month or $53,916 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Oak Island, NC

156 Available Apartments for Rent

Search for Nearby Apartments

How does Oak Island, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Oak Island, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Oak Island, NC

Apartment Averages

Nearby City Rent Trends

  • Southport Average Rent
  • Winnabow Average Rent

Apartment communities in Oak Island we think you'll love

Evolve St James

Evolve St James

3025 Headwater Dr SE,
Southport, NC 28461

$1,433 - $3,026

1-3 Beds

Hawthorne at Pine Forest

Hawthorne at Pine Forest

1045 Woodsia Way,
Oak Island, NC 28461

$1,201 - $3,800

1-3 Beds

Egret Crossing Apartments

Egret Crossing Apartments

4850 Tobago Dr SE,
Southport, NC 28461

$1,075 - $1,425

Studio - 2 Beds

130 NW 19th St

130 NW 19th St

130 NW 19th St,
Oak Island, NC 28465

$1,900

3 Beds

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United States North Carolina Oak Island Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity