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500 Ocean Ave apartments in Lynn, MA

Updated

500 Ocean Ave

500 Ocean Ave, Revere, MA 02151, USA

3.8 (188 reviews) Official Website

Live pricing, refreshed

19
Units Listed
$2,510
Starting at
$3,234
Average
$4,473
Highest
$4.62
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Revere 02151 rent trends

Beds

Pricing by Bedroom

Studio
$2,660
from $2,510 · 4 units
~483 sqft avg
1 Bed
$3,008
from $2,713 · 10 units
~642 sqft avg
2 Bed
$4,146
from $3,771 · 5 units
~990 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (4)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$69K

$831K annual run rate

Modeled estimate

Est. Occupancy

55%

of about 42 units (modeled from leasing activity)

Effective Rent on New Leases

$3,012

vs $3,234 current asking ($222 negotiation gap)

Recent Lease Activity

42 units tracked; 23 assumed leased, 19 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

19

Good availability

12 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

19 units
Studio / 1 Bath S2-G2
$2,510/mo
481 ft² · $5.22/ft² · #714
Studio / 1 Bath S2-F
$2,685/mo
485 ft² · $5.54/ft² · #453
1 Bed / 1 Bath J1
$2,713/mo
607 ft² · $4.47/ft² · #518
Down $50 since Aug 13 (was $2,763)
Studio / 1 Bath S2-F
$2,715/mo
485 ft² · $5.60/ft² · #353
Studio / 1 Bath S2
$2,729/mo
481 ft² · $5.67/ft² · #538
Up $10 since Jul 29 (was $2,719)
1 Bed / 1 Bath J4
$2,734/mo
577 ft² · $4.74/ft² · #651
1 Bed / 1 Bath J4
$2,905/mo
585 ft² · $4.97/ft² · #736
1 Bed / 1 Bath A1
$2,910/mo
648 ft² · $4.49/ft² · #415
Down $150 since Aug 5 (was $3,060)
1 Bed / 1 Bath A1
$3,020/mo
679 ft² · $4.45/ft² · #326
1 Bed / 1 Bath A1-SA
$3,073/mo
745 ft² · $4.12/ft² · #407

Train activity

Trains close by

Passenger line 1,920 ft away · 58 trains/day

  • 41 daytime, 17 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: MBTA

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lynn, MA notes

No resident notes for this property yet.

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