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Rental Market Trends in Oak Island, NC

Updated September 2026

The average rent in Oak Island, NC is $1,366/month.

Rent in Oak Island is 18% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,366/month

Average Rent

807 Sq Ft

Average Size

-0.4%

Change / Year

91

Available Apartments

Oak Island rent varies by unit size and layout:

  • Studio apartments in Oak Island average per month.
  • One-bedroom apartments in Oak Island average $1,366 per month.
  • Two-bedroom apartments in Oak Island average $1,598 per month.
  • Three-bedroom apartments in Oak Island average $1,774 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,366/month
807 Sq Ft
Two Bedroom
$1,598/month
1,208 Sq Ft
Three Bedroom
$1,774/month
1,321 Sq Ft
View Oak Island Apartments

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

In the past year, rent has decreased by 0.4%, which averages out to $5 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Oak Island, NC

September 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 $1,366, you’ll want to make about $4,553 per month or $54,636 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

91 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.

View the Oak Island Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Bolivia

    Bolivia

    Avg Rent: $1,705/month

  • Southport

    Southport

    Avg Rent: $1,304/month

  • Winnabow

    Winnabow

    Avg Rent: $856/month

  • Shallotte

    Shallotte

    Avg Rent: $1,385/month

Apartment Communities in Oak Island We Think You'll Love

Evolve St James

Evolve St James

3025 Headwater Dr SE,
Southport, NC 28461

1-3 Beds | $1,399 - $1,914

Hawthorne at Pine Forest

Hawthorne at Pine Forest

1045 Woodsia Way,
Oak Island, NC 28461

1-3 Beds | $1,270 - $2,861

Egret Crossing Apartments

Egret Crossing Apartments

4850 Tobago Dr SE,
Southport, NC 28461

Studio - 2 Beds | $975

111 NE 19th St

111 NE 19th St

111 NE 19th St,
Oak Island, NC 28465

3 Beds | $2,000

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Frequently Asked Questions

What is the average rent in Oak Island?

The average rent in Oak Island is $1,366 per month, which is 18.0% lower than the national average of $1,665.

Are rents going up or down in Oak Island?

Rents in Oak Island, NC are decreasing, with prices down 0.4% year-over-year and $5 less per month.

What rent range is most common in Oak Island?

In Oak Island, NC, 100% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity