Rentometer, Inc. | Data as of 10/22/2025
Oak Island, a charming coastal city in North Carolina, offers a relaxed seaside lifestyle combined with modern amenities. With miles of pristine beaches, the iconic Oak Island Lighthouse, and a lively fishing pier, residents enjoy easy access to ocean recreation, waterfront dining, and seasonal festivals. The city’s close‑knit community appeals to both retirees seeking tranquility and young professionals attracted by the vibrant summer tourism scene. Its convenient location—just a short drive from Wilmington—makes commuting and weekend getaways effortless.
The rental market in Oak Island reflects the city’s diverse housing needs, offering everything from coastal apartments to spacious family homes. One‑bedroom apartments typically rent in the $1400s, while two‑bedroom units are found in the $1600 range, providing affordable options for couples and small families. For those seeking more space, two‑bedroom houses fall within the $1700‑$1800 range, three‑bedroom homes average around the $2700‑$2800 bracket, and larger four‑plus bedroom properties command the $3700‑$3800 tier. Neighborhoods such as Oak Island Village, The Dunes, and Mid‑Island give renters a variety of styles, from modern condos near the beach to traditional single‑family homes nestled in quiet cul‑de‑sacs.
Beyond the shoreline, Oak Island residents benefit from well‑rated schools, convenient shopping centers, and a growing selection of eateries and recreational facilities. The city’s active community calendar features events like the annual Seafood Festival and beachfront yoga sessions, fostering a strong sense of belonging. With reliable internet infrastructure and easy highway access, the area is ideal for remote workers and commuters alike. Whether you’re looking for a seasonal retreat or a long‑term home, Oak Island’s balanced blend of coastal charm and modern convenience makes it a compelling destination for renters across the region.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,401 | $1,399 | $1,300 - $1,528 | $1,381 - $1,399 |
| Apartment | 2 Bedroom | $1,624 | $1,599 | $1,599 - $1,699 | $1,599 - $1,699 |
| House | 2 Bedroom | $1,783 | $1,850 | $1,235 - $2,200 | $1,700 - $2,200 |
| House | 3 Bedroom | $2,708 | $2,312 | $1,650 - $5,000 | $1,900 - $2,975 |
| House | 4+ Bedroom | $3,732 | $3,697 | $2,500 - $5,000 | $2,500 - $5,000 |
In the current period, the average rent in Oak Island was $1,401 for 1 Bedroom, $1,677 for 2 Bedroom, $2,670 for 3 Bedroom, and $3,099 for 4+ Bedroom.
Data provided by Rentometer, Inc.