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Oak Island, NC Condos for Rent

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  • /19

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    122 SE 58th St Unit 111, Oak Island, NC 28465

    Wake up to panoramic ocean views at this stylish 3BR condo, lovingly named "Namaste at the Beach" in Southern Shores Villas! Perched directly on the sand in the heart of Oak Island, relax and enjoy a beachfront pool, private balcony, gazebo, picnic area, and outdoor shower—plus walkable access to the Oak Island Pier, local seafood spots, and charming island shops. Thoughtfully designed for

    122 SE 58th St Unit 111, Oak Island, NC 28465
  • /19

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    122 SE 58th St Unit 111, Oak Island, NC 28465

    Wake up to panoramic ocean views at this stylish 3BR condo, lovingly named "Namaste at the Beach" in Southern Shores Villas! Perched directly on the sand in the heart of Oak Island, relax and enjoy a beachfront pool, private balcony, gazebo, picnic area, and outdoor shower—plus walkable access to the Oak Island Pier, local seafood spots, and charming island shops. Thoughtfully designed for

    122 SE 58th St Unit 111, Oak Island, NC 28465

Frequently Asked Questions

How much does it cost to rent a condo in Oak Island, NC?
The median rent for a condo in Oak Island, NC is $1,675 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Oak Island, NC?
To comfortably afford the median rent in Oak Island, NC, a household needs to earn roughly $104,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,600 per month in Oak Island, NC, renters typically need to show $7,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Oak Island, NC?
In Oak Island, NC, the price-to-rent ratio is 21.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Oak Island, NC are best for renting a condo?
The best neighborhood for renting in Oak Island, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Dry Pond-South Side and Pine Valley, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,675
Median 1 Bedroom Condo Rent
$1,350
Median 2 Bedroom Condo Rent
$1,450
Median 3 Bedroom Condo Rent
$2,600
How to Rent a Home