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Homes & Apartments for Rent in Oak Island, NC 28465

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What to Know About

Life in Oak Island & Beyond

Oak Island shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Oak Island, NC

As of October 2026, Oak Island's rental market is balanced, with rentals spending about 41 days on the market, slower than in North Carolina (35), and rents up 1.8% over the past year. Oak Island's average rent is 29.2% ($509) higher than the North Carolina average of $1,745 and 8.3% ($172) higher than the U.S. average of $2,082.

Average Rent
$2,254
Monthly ChangeMonth Over Month Change
Increased0.21% ($5)
Yearly ChangeYear Over Year Change
Increased1.8% ($39)
Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,613 Increased0.46% ($7) Increased4.7% ($73)
2 Beds $2,019 Increased0.17% ($3) Increased1.0% ($20)
3 Beds $2,511 Increased0.12% ($3) Increased0.7% ($17)
Nearby Cities Average Rent Avg. Rent vs. Oak IslandAverage Rent vs. Oak Island Days on Market
Southport $2,077 Decreased7.9% ($177) 42 days
Bolivia $1,828 Decreased18.9% ($426) 42 days
Kure Beach $2,964 Increased31.5% ($710) 42 days
Winnabow $1,998 Decreased11.4% ($256) 42 days
Carolina Beach $2,563 Increased13.7% ($309) 40 days
Based on rentals advertised on RentalSource in and around Oak Island.
Frequently Asked Questions
Oak Island Rental Market FAQs

Explore rental prices, market conditions, and affordability in Oak Island, NC.

The average rent in Oak Island, NC is about $2,254 per month.
In Oak Island, the average rent is about $1,613 per month for a 1-bedroom home, about $2,019 for a 2-bedroom home and about $2,511 for a 3-bedroom home.
The average rent in Oak Island is 8.3% ($172) higher than the national average of $2,082 per month.
The rental market in Oak Island, NC is currently balanced, with rentals spending about 41 days on the market, slower than in North Carolina (35), and rents up 1.8% over the past year.
Based on the current averages, a household would need an annual income of about $80,800 to comfortably afford a 2-bedroom home in Oak Island.
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