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City · 60,012 residents · Suffolk County, Massachusetts

Revere , Massachusetts

In Revere, a typical home is worth $597,400 and typical rent is $2,076 a month. Compared with all of Suffolk County, the typical home value is 15% lower, typical household income is 9% lower, and the share of households that own their home is 9 points higher.

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  • Typical home value

    $597,400

    15% below the county

    6% above Massachusetts

    • Revere
    • Suffolk
    • Massachusetts

  • Typical rent

    $2,076a month

    2% below the county

    18% above Massachusetts

    • Revere
    • Suffolk
    • Massachusetts

  • Typical household income

    $86,969a year

    9% below the county

    16% below Massachusetts

    • Revere
    • Suffolk
    • Massachusetts

  • Households that own their home

    46%

    9 points above the county

    17 points below Massachusetts

    • Revere
    • Suffolk
    • Massachusetts

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$609,383
1.1% more than 12 months ago
Typical rent
$2,764 a month
1.1% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Revere is in Suffolk County. The FHA loan limit ($962,550 for a one-unit home), the fair market rents and the help on this page are those of all of Suffolk County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Revere apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Chelsea, the typical home value is $493,500: 17% less than in Revere ($597,400).

  2. The typical home in Revere is worth $597,400, 15% less than in Suffolk County as a whole ($705,800).

  3. 46% of households in Revere own their home, against 36% in Suffolk County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Revere

What homes there are in Revere, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Revere there is a bit of everything: no kind of home reaches half. The most common are buildings of 2 to 4 homes (35%), as in Suffolk County.

Year built

Homes in Revere are newer: the typical year built is 1965; in Suffolk County, 1949.

There is more room for a big family here: 39% of homes have 3 bedrooms or more, against 35% in Suffolk County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

HUD's 2-bedroom fair market rent for Suffolk County is high ($3,008): at least 85% of rents in Revere cost less than $3,000.

With a mortgage

$2,870 a month

Suffolk County: $2,962 a month

Without a mortgage

$1,021 a month

Suffolk County: $1,046 a month

Owners with a mortgage

63%

Suffolk County: 70%

In Revere, 63% of owners have a mortgage; their typical cost is $2,870 a month, about the same as in Suffolk County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Revere rose 60%; in Suffolk County, it rose 42%.

Since 2015–2019, the typical rent in Revere rose 46%, more than in Suffolk County (34%).

Housing prices ran ahead of income in Revere: typical income rose 39%, against +60% for home values and +46% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureRevereSuffolk CountyMassachusettsUnited States
Rental vacancy 5.5%4.5%3.5%5.5%
Homeowner vacancy Unreliable estimate1.1%0.6%0.9%
More than one person per room 7.7%4.2%2.3%3.4%
People per household 2.692.252.442.53
Drive alone 53%35%61%69%
Carpool 12%6%7%9%
Public transit 22%22%7%3%
Walk or bike 2%14%5%3%
Work from home 9%20%19%15%
Other means 2%2%2%2%
Typical commute 30 to 39 minutes30 to 39 minutes20 to 29 minutes20 to 29 minutes

In Revere, the rental vacancy rate is 5.5%; in Suffolk County, 4.5%.

More households are short on space in Revere: 7.7% have more than one person per room; in Suffolk County, 4.2%.

On average, a household in Revere has 2.69 people, more than in Suffolk County (2.25).

More people carpool to work in Revere than in Suffolk County: 12% against 6%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Revere?

A typical home costs more than the typical income allows

We start with a typical home in Revere, worth $597,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 68% of the typical household income in Revere, which is $86,969 a year. For that payment to be 28% of income, a household would need to earn about $212,349 a year.

The calculator's FHA and conventional loan limits are those of all of Suffolk County.

Your numbers

Local data
$

Starts at the typical home value in Revere. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $20,909 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,955

at 7.18% · 30 years

Loan amount
$586,580
Total interest
$843,950
Paid off in
November 2056

Includes $10,089 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,029 a month

  • Tight

    $2,029 to $2,609 a month

  • Hard

    more than $2,609 a month

    Your payment · 68%

Compared with the typical household income in Revere ($86,969 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,955
Principal & interest$3,974
Property tax$468
Home insurance$249
FHA mortgage insurance (MIP)$264

You need at least $20,909 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Revere and Suffolk County

Revere is in Suffolk County, Massachusetts. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Revere's own numbers

Typical home value
$597,400
Typical monthly rent
$2,076
Typical yearly household income
$86,969
Households that own their home
46%
Effective property tax rate
0.94%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Suffolk County

FHA limit, one-unit home
$962,550
Conventional limit, one unit
$962,550
HUD fair market rent, 2 bedrooms
$3,008
Price change over 5 years (FHFA)
+35%
Homes in a high flood-risk zone
3.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Suffolk County.

Everything about Suffolk County

Buying

Buying a home in Revere

A typical home in Revere is worth $597,400: 15% below the county and 6% above Massachusetts. With the typical household income in Revere ($86,969 a year), a typical home costs 6.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Revere 6.9 years
  • Suffolk 7.4 years
  • Massachusetts 5.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Suffolk County

According to FHFA’s house price index, home prices in Suffolk County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Suffolk County.

Period County Massachusetts U.S.
Last year (2025) +3.4% +3.7% +2.9%
5 years (2020–2025) +35% +49% +47%
10 years (2015–2025) +87% +87% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Revere next to Suffolk County, Massachusetts and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Revere $597,400
  • Suffolk $705,800
  • Massachusetts $562,100
  • United States $332,700
Typical monthly rent
  • Revere $2,076
  • Suffolk $2,129
  • Massachusetts $1,762
  • United States $1,413
Typical yearly household income
  • Revere $86,969
  • Suffolk $95,631
  • Massachusetts $103,960
  • United States $80,734
See the full table
Revere next to Suffolk County and Massachusetts
Measure Revere Suffolk County Massachusetts U.S.
Typical home value $597,400 $705,800 $562,100 $332,700
Typical monthly rent $2,076 $2,129 $1,762 $1,413
Typical yearly household income $86,969 $95,631 $103,960 $80,734
Households that own their home 46% 36% 63% 65%
Typical yearly property tax $5,605 $4,649 $5,992 $3,119
Effective property tax rate 0.94% 0.66% 1.07% 0.94%
Renters with high rent for their income 58% 52% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Suffolk County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Revere

For a typical $597,400 home in Revere, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Revere's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,955a month

    Least cash to close
    Down payment
    $20,909
    Cash to close
    $38,831
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $264

  • Conventional, 5% down $4,845a month

    Down payment
    $29,870
    Cash to close
    $47,792
    Rate
    7.18%
    Mortgage insurance
    PMI · $284

  • Conventional, 20% down, no PMI $3,954a month

    Down payment
    $119,480
    Cash to close
    $137,402
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,507a month

    Down payment
    $89,610
    Cash to close
    $107,532
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Revere and for Suffolk County.

Property tax

Effective rate in Revere

0.94%of the home’s value each year

$5,605 a year for the typical owner in Revere.

  • Revere 0.94%
  • Suffolk 0.66%
  • Massachusetts 1.07%

What Massachusetts publishes Local senior exemption (clause 41C) (Massachusetts General Court (General Laws))

Exemptions and deadlines in Massachusetts

Flood risk in Suffolk County

FEMA does not publish these numbers by city: they are for all of Suffolk County.

Homes in the high-risk zone
3.8%
5,006
Of those, with NFIP insurance
53%
County Massachusetts U.S.
Homes in the high-risk zone 3.8% 3% 3.5%
Of those, with NFIP insurance 53% 50% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Revere

Typical rent in Revere is $2,076 a month: 2% below the county. In Revere, 58% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Suffolk County, by unit size. To pay the 2-bedroom one ($3,008 a month) without spending more than 30% of your income, you would need to earn $57.85 an hour working full time.

HUD fair market rent for all of Suffolk County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,440 $46.92 $97,600
1 bedroom $2,518 $48.42 $100,720
2 bedrooms $3,008 $57.85 $120,320
3 bedrooms $3,584 $68.92 $143,360
4 bedrooms $3,953 $76.02 $158,120

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Revere

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Revere is in ZIP code 02151.

For 2 bedrooms it is $2,720: $288 less than the fair market rent for Suffolk County ($3,008).

  • 02151 $2,720$3,240

A ZIP code counts for Revere when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Revere

HUD lists 6 buildings with rents for lower incomes in Revere. These are the largest.

  • Jack Satter House 420 Revere Beach Blvd, Revere 02151 266 low-income homes · For older adults (781) 289-4505
  • Rose Street & Pamona Street 2 Harris St, Revere 02151 194 low-income homes · Run by Revere Housing Authority · Average payment: $650 a month · Average wait: 57 months (781) 284-4394
  • Friendly Garden Coop Apts 235 Revere St, Revere 02151 107 homes, 106 low-income · For older adults
  • REVERE PHA/Hyman Towers 50 Walnut Ave, Revere 02151 106 low-income homes · For older adults
  • Prospect House 420 Reservoir Ave, Revere 110 homes, 78 low-income · Studio: 77 · 1 bd: 33

See all 632 buildings in Suffolk County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Revere

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 12 HUD-approved agencies with an office in Suffolk County; 6 say they serve in Spanish.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Revere

No down payment, repair or rent-help program on our list is for Revere or Suffolk County. The ones below are statewide in Massachusetts: they work in Revere the same as in the rest of the state.

Which programs do I qualify for? All programs in Massachusetts

  • MassHousing Down Payment Assistance

    Statewide in Massachusetts

    Massachusetts state agency second mortgage for the down payment: up to $30,000 at 0% and deferred, or up to $25,000 at 2% or 3% over 15 years, for first-time buyers with eligible income. Offered by MassHousing.

    DeferredRepayable

    See the program Official page

Housing counselors near Revere

The HUD-approved agencies closest to the center of Revere, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Chelsea Restoration Corporation

    154 Pearl St Ofc 2, Chelsea · 3 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (617) 889-2277

  • Neighborhood of Affordable Housing, Inc.

    143 Border St, East Boston · 4 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (617) 567-5882

  • The Housing Partnership Network

    56 Broad St, Boston · 5 miles away

    (617) 720-1999

Every agency in Suffolk County All counseling agencies in Massachusetts

Help in Spanish near Revere

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Revere

HUD’s record names them for Revere or Suffolk County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Revere Housing Authority Public housing and Section 8 vouchers (781) 284-4394

3 other authorities have an office in Suffolk County: see the list Source: HUD

Cities

Other cities in Suffolk County

These cities are also in Suffolk County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Suffolk County Housing in Massachusetts

Nearby cities

The cities closest to Revere, with the typical home value.

Neighboring counties

If Suffolk County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Revere.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Revere

Short answers with the numbers for Revere and all of Suffolk County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Revere?

The typical home value in Revere is $597,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Suffolk County it is $705,800.

How much does it cost to rent in Revere?

Typical rent in Revere is $2,076 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Suffolk County is $3,008.

What is the FHA loan limit in Revere?

Revere uses the FHA limit for all of Suffolk County (2026): $962,550 for a one-unit home and $1,851,100 for a four-unit home.

How much property tax do owners pay in Revere?

The typical homeowner in Revere pays $5,605 a year, according to the U.S. Census Bureau. That is 0.94% of the home’s value; in Suffolk County, the rate is 0.66%.

Where can I find free help to buy or rent in Revere?

There are 12 HUD-approved counseling agencies with an office in Suffolk County. 6 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).