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$1,695 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available Jan 16, 2026Gardencrest Apartments
1077 Main StWakefield, MA 01880
Cheap Apartments for Rent in Wakefield, MA from $1,000 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakefield.
34 Chestnut St
WakefieldMA01880
30 Crescent St
WakefieldMA01880
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$2,000
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
1 Railroad Ave, Unit Apt1 1st Floor
1 Railroad AveWakefield, MA 01880
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$2,000
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
34 Armory St, Unit BUNGALOW
34 Armory StWakefield, MA 01880
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$2,050
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,050
Total Monthly Price
$2,050
246 Salem St, Unit 4
246 Salem StWakefield, MA 01880
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$2,100 - $2,700
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now27-37 Water St
27-37 Water StWakefield, MA 01880
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$1,725
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,725
Total Monthly Price
$1,725
223 Essex St, Unit 4
223 Essex StMelrose, MA 02176
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$1,745 - $2,525
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowLeisure Lane Apartments
100 Leisure LnStoneham, MA 02180
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,795 - $1,900
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now119 West Wyoming
119 W Wyoming AveMelrose, MA 02176
72 Linden St
ReadingMA01867
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$1,895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,895
Total Monthly Price
$1,895
283 Vinton St, Unit A
283 Vinton StMelrose, MA 02176
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Rent Specials
$1,950 - $2,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMill Street Gardens
57 Mill StWoburn, MA 01801
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$1,952
Plus Fees
Studio Apartments Available NowFurnished Studio-Boston - Saugus
832 BroadwaySaugus, MA 01906
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
513-517-517 Franklin St
MelroseMA02176
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$2,100
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$2,100
Total Monthly Price
$2,100
40 Hurd St
40 Hurd StMelrose, MA 02176
150 Green St
MelroseMA02176
121 Franklin St
StonehamMA02180
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Explore Like a Local: The Insider's Guide to Boston
Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.
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Wakefield, MA Local Guide
Lake Quannapowitt by Herzogbr is licensed under Internal
How much does it cost to rent an apartment in Wakefield?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Wakefield Studio Apartments | $2,395 | $1,695 | $4,065 |
| Cheap Wakefield 1 Bedroom Apartments | $2,767 | $1,725 | $6,687 |
| Cheap Wakefield 2 Bedroom Apartments | $3,356 | $2,050 | $9,574 |
| Cheap Wakefield 3 Bedroom Apartments | $4,234 | $2,500 | $5,329 |
| Cheap Wakefield 4 Bedroom Apartments | $3,675 | $3,000 | $5,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Wakefield
See all Apartments in WakefieldExplore Wakefield
Wakefield, MA Local Guide
- Wakefield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wakefield Apartments for Rent
The cheapest available apartment rental in Wakefield, MA is a Studio unit found at Leisure Lane Apartments in the West Side neighborhood priced from $1,750. 119 West Wyoming in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. Here is today’s list of the most affordable Wakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Leisure Lane Apartments | studio | Studio,1BA | $1,750 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $1,795 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Towne Estates | One Bedroom One Bathroom | 1BR,1BA | $2,120 |
Best Value Apartments for Rent in Wakefield, MA
As of November 08, 2025 the best value apartment in the Wakefield area is the $0.30 price per square foot 6 Dragon Court Cir Model at 6 Dragon Court Cir, Unit NA in the in the Walnut Hill neighborhood starting from $3,000. The second greatest value Wakefield apartment is the 5 Howard St Model at 5 Howard St, Unit 1 starting at $2,200 with a $0.22 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6 Dragon Court Cir, Unit NA | 6 Dragon Court Cir | 4BR,1.5BA | $0.30 |
| 5 Howard St, Unit 1 | 5 Howard St | 1BR,1BA | $0.22 |
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 7 Cypress Park, Unit 1 | 7 Cypress Park | 4BR,2BA | $1.45 |
| 4 Central St, Unit Lakeside Apt | 4 Central St | 2BR,1BA | $1.80 |
| Stonehill Towers | Two Bedroom Corner Unit | 2BR,2BA | $2.01 |
| APT Correlative Housing - The Coolidge | 1BR/1.5BA | 1BR,1.5BA | $2.43 |
| 666 Main St, Unit 1 | 666 Main St | 3BR,1BA | $2.08 |
| 220 Hancock St, Unit 1 | 220 Hancock St | 2BR,1BA | $2.14 |
| 1 Railroad Ave, Unit Apt1 1st Floor | 1 Railroad Ave | 1BR,1BA | $2.35 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
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Best Local Schools in Wakefield, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wakefield, MA Rentals by Map
See the most popular apartments and homes in Wakefield, MA
Getting Around Wakefield, MA
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Wakefield Apartments
What is the Cheapest Studio apartment in Wakefield?
Currently the most affordable Cheap Studio Apartment in Wakefield is at Leisure Lane Apartments listed at $1,750.
How much is rent for a Cheap One Bedroom Wakefield Apartment?
The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,795 at 119 West Wyoming.
What is the lowest price for a Cheap Two Bedroom Wakefield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wakefield is starting from $2,195 at Leisure Lane Apartments.
What is the most affordable Wakefield Three Bedroom Apartment?
The best deal on a cheap Wakefield Three Bedroom Apartment rental is at The Elms and starts from $3,066.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.