41 Richardson Ave
WakefieldMA01880
Cheap Apartments for Rent in Wakefield, MA from $1,000 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakefield.
7 Greenwood St
WakefieldMA01880
124 Salem St
WakefieldMA01880
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$2,100 - $2,600
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now27-37 Water St
27-37 Water StWakefield, MA 01880
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Rent Specials
$2,200 - $2,950
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,200 - $2,950
Total Monthly Price
$2,200 - $2,950
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
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$2,200 - $2,300
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$2,200 - $2,300
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Melrose Terrace
12 Melrose TerWakefield, MA 01880
40 Central St
WakefieldMA01880
580 Salem St
WakefieldMA01880
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$2,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Nov 1Total Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
34 Armory St, Unit BUNGALOW
34 Armory StWakefield, MA 01880
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$2,250 - $5,859
Plus Fees
Studio to 2 Bedroom Apartments Available Jul 23Grayson Lofts
168 Albion StWakefield, MA 01880
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.
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Rent Specials
$2,320 - $4,080
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,320 - $4,080
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Aster at the Summit
89 Hopkins StWakefield, MA 01880
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$2,381 - $12,686
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,381 - $12,686
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Everly
14 Audubon RdWakefield, MA 01880
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Rent Specials
$2,394 - $3,795
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNexxus Apartments
105 Hopkins StWakefield, MA 01880
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$2,450
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityGardencrest Apartments
1077 Main StWakefield, MA 01880
3
11 Columbia Rd
WakefieldMA01880
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$2,500
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,500
Total Monthly Price
$2,500
273 Albion St, Unit #23
273 Albion StWakefield, MA 01880
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Studio to 1 Bedroom Apartments
39-41 Richardson Ave
39-41 Richardson AveWakefield, MA 01880
276 Albion St
WakefieldMA01880
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1 to 3 Bedroom Apartments
Rockledge Apartments
11 Bartley StWakefield, MA 01880
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1 to 2 Bedroom Apartments
598 North
598 North AveWakefield, MA 01880
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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2 Bedroom Apartments
600 NORTH
600 North AveWakefield, MA 01880
104 W Emerson St, Unit 5a
104 W Emerson St
MelroseMA02176
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$1,845 - $2,375
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Aug 21Leisure Lane Apartments
100 Leisure LnStoneham, MA 02180
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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
223 Essex St
223 Essex StMelrose, MA 02176
191 W Wyoming Ave, Unit 11
191 W Wyoming Ave
MelroseMA02176
12 Gould St
StonehamMA02180
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Rent Specials
$1,950 - $2,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMill Street Gardens
57 Mill StWoburn, MA 01801
19 Spring St
StonehamMA02180
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$2,095
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now119 West Wyoming
119 W Wyoming AveMelrose, MA 02176
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$2,100
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
40 Hurd St
40 Hurd StMelrose, MA 02176
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.
150 Green St
MelroseMA02176
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$2,1001 Bedroom Apartments Available Aug 1
59 Greenwood St, Unit 1
59 Greenwood StMelrose, MA 02176
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Rent Specials
$2,170 - $2,595
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,170 - $2,595
Total Monthly Price
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Towne Estates
209 Pleasant StMelrose, MA 02176
2608 Lewis O Gray Dr
SaugusMA01906
53 Pearl St
MelroseMA02176
836 Main St
MelroseMA02176
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Rent Specials
$2,256 - $5,628
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,256 - $5,628
Total Monthly Price
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Hanover Stoneham
95 Maple StStoneham, MA 02180
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$2,350 - $2,500
Plus Fees
2 Bedroom Apartments Available Now30 Pomeworth Street
30 Pomeworth StStoneham, MA 02180
189 W Wyoming Ave, Unit 31
189 W Wyoming Ave
MelroseMA02176
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$2,375 - $2,850
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCorey10
10 Corey StMelrose, MA 02176
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
175 W Wyoming Ave, Unit 38
175 W Wyoming Ave
MelroseMA02176
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Rent Specials
$2,397 - $3,936
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,291 - $3,830
Required Monthly Fees
$106
Total Monthly Price
$2,397 - $3,936
Avalon Saugus
861 BroadwaySaugus, MA 01906
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$2,400 - $3,300
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,400 - $3,300
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Stonehill Towers
5 Stonehill DrStoneham, MA 02180
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$2,400
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$2,400
Total Monthly Price
$2,400
147 W Wyoming Ave
147 W Wyoming AveMelrose, MA 02176
33 W Emerson St
MelroseMA02176
83 Haven St
ReadingMA01867
16 Indian Rock Dr
SaugusMA01906
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$2,400
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$2,400
Total Monthly Price
$2,400
39 Albion St, Unit 39 Albion Street
39 Albion StMelrose, MA 02176
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$2,4001 Bedroom Apartments Available Now
16 Indian Rock Dr, Unit B
16 Indian Rock DrSaugus, MA 01906
177 Central St
StonehamMA02180
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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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 | $2,586 | $1,845 | $3,450 |
| Cheap Wakefield 1 Bedroom Apartments | $2,895 | $1,850 | $8,429 |
| Cheap Wakefield 2 Bedroom Apartments | $3,488 | $2,200 | $10,000+ |
| Cheap Wakefield 3 Bedroom Apartments | $4,013 | $2,700 | $5,662 |
| Cheap Wakefield 4 Bedroom Apartments | $5,034 | $3,950 | $6,119 |
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
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Cheapest Available Wakefield Apartments for Rent
The cheapest available apartment rental in Wakefield, MA is a 1 Bed unit found at Mill Street Gardens in the Nobility Hill neighborhood priced from $1,950. Rockledge Apartments in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here is today’s list of the most affordable Wakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2,095 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Towne Estates | One Bedroom One Bathroom | 1BR,1BA | $2,170 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2,200 |
| 30 Pomeworth Street | 2BR/1.0BA | 2BR,1BA | $2,350 |
| Corey10 | 305 | 1BR,1BA | $2,375 |
Best Value Apartments for Rent in Wakefield, MA
As of July 16, 2026 the best value apartment in the Wakefield area is the $1.27 price per square foot 3 Dragon Court Cir Model at 3 Dragon Court Cir, Unit 3 Dragon Court Cir in the in the Walnut Hill neighborhood starting from $3,500. The second greatest value Wakefield apartment is the FIRST FLOOR CORNER Model at Michaels Landing starting at $2,900 with a $2.42 price per square foot in the West Peabody 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. |
|---|---|---|---|
| 3 Dragon Court Cir, Unit 3 Dragon Court Cir | 3 Dragon Court Cir | 3BR,1.5BA | $1.27 |
| Michaels Landing | FIRST FLOOR CORNER | 2BR,2BA | $2.42 |
| 32 Pond St, Unit A | 32 Pond St | 2BR,1BA | $2.45 |
| 27 W Wyoming Ave, Unit #3 | 27 W Wyoming Ave | 2BR,1BA | $2.60 |
| Stonehill Towers | 1 Bedroom | 1BR,1BA | $2.43 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
| 30 Pomeworth Street | 2BR/1.0BA | 2BR,1BA | $2.88 |
| 40 Hurd St | 40 Hurd St | 1BR,1BA | $2.80 |
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.
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Don'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 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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
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 The Devon at Weiss Farm listed at $2,489.
How much is rent for a Cheap One Bedroom Wakefield Apartment?
The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,950 at Mill Street Gardens.
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 $2,250 at Mill Street Gardens.
What is the most affordable Wakefield Three Bedroom Apartment?
The best deal on a cheap Wakefield Three Bedroom Apartment rental is at The Residences at Stevens Pond and starts from $3,399.
Expert Rental Resources
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.
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The 10 Best Affordable Neighborhoods in Boston, MA
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