What is the average apartment size in Oak Island?

The average size for a Oak Island, NC apartment is 1,049 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Oak Island?

As of Sep / 2025, the average rent in Oak Island is $1,721 per month, a 1.02% decrease from last year’s average of $1,738.

What is the average apartment size in Oak Island?

The typical apartment in Oak Island offers about 1,049 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Oak Island, NC Rental Market Trends

Q: What's the typical rent budget in Oak Island?

The typical rent budget in Oak Island ranges from $1,501 to $2,000 per month, with 73% of rentals in this range.

Q: Do most people rent or own in Oak Island?

In Oak Island, 12% of households rent while 88% own their homes, based on the latest U.S. Census data.

Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Oak Island is $1,721, a 1.02% decrease compared to the previous year, when the average rent was $1,738.

One-bedroom apartments provide 793 square feet for $1,488, balancing privacy and affordability.

Two-beedroom units at $1,812 offer 1,166 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,296 sq ft) for $2,012, suitable for larger households.

Average rent in Oak Island, NC

Last updated: October 20, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,721	1,049 sq. ft.
Studio	n/a	n/a
1 Bed	$1,488	793 sq. ft.
2 Beds	$1,812	1,166 sq. ft.
3 Beds	$2,012	1,296 sq. ft.

Oak Island, NC rent trends

Rental prices in Oak Island, NC have decreased by 1.02% over the past year. The average rent moved from $1,738 to $1,721.

What's the typical rent budget in Oak Island, NC?

The largest share of rentals in Oak Island, NC (73%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Oak Island, NC?

525 or 12% of the households in Oak Island, NC are renter-occupied while 3,779 or 88% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Oak Island Compares to Other Cities

City	Average Rent
Oak Island	$1,721
Charlotte	$1,653
Concord	$1,535
Raleigh	$1,591
Fayetteville	$1,276
Durham	$1,555
Greensboro	$1,320
Winston - Salem	$1,293
Cary	$1,664
Wilmington	$1,629
Asheville	$1,716
Calabash	$1,596
Belville	$1,683
Leland	$1,684
Shallotte	$1,684

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Oak Island apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.