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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
219 Albion St, Unit 3
219 Albion StWakefield, MA 01880
Cheap Apartments for Rent in Wakefield, MA from $1,000 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakefield.
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$2,050
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$2,050
Total Monthly Price
$2,050
246 Salem St, Unit 4
246 Salem StWakefield, MA 01880
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$2,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
34 Richardson St, Unit #2
34 Richardson StWakefield, MA 01880
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Rent Specials
$2,100 - $2,250
Plus Fees
1 Bedroom Apartments Available NowMelrose Terrace
12 Melrose TerWakefield, MA 01880
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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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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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1 to 3 Bedroom Apartments
Wakefield one, two, and three bedrooms with heating included
11 Bartley 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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$1,750 - $2,525
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowLeisure Lane Apartments
100 Leisure LnStoneham, MA 02180
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21 Sanborn St
ReadingMA01867
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$1,850
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,850
Total Monthly Price
$1,850
192 W Wyoming Ave, Unit #10
192 W Wyoming AveMelrose, MA 02176
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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$1,900
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,900
Total Monthly Price
$1,900
157 Franklin St, Unit #B2
157 Franklin StStoneham, MA 02180
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$1,949
Plus Fees
Studio Apartments Available NowFurnished Studio-Boston - Saugus
832 BroadwaySaugus, MA 01906
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$1,950 - $2,450
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMill Street Gardens
57 Mill StWoburn, MA 01801
37 Crystal St
MelroseMA02176
10 Chestnut St
MelroseMA02176
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$2,000
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
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$2,000
Total Monthly Price
$2,000
10 Chestnut St, Unit 3
10 Chestnut StMelrose, MA 02176
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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
150 Green 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
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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 | $2,433 | $1,750 | $4,065 |
| Cheap Wakefield 1 Bedroom Apartments | $2,751 | $1,725 | $5,859 |
| Cheap Wakefield 2 Bedroom Apartments | $3,350 | $2,050 | $9,578 |
| Cheap Wakefield 3 Bedroom Apartments | $4,126 | $2,600 | $5,149 |
| Cheap Wakefield 4 Bedroom Apartments | $3,600 | $2,800 | $4,400 |
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
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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. Wakefield one, two, and three bedrooms with heating included in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. 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 |
| Wakefield one, two, and three bedrooms with heating included | 1BR/1.0BA | 1BR,1BA | $1,975 |
| Melrose Terrace | 1 Bedroom | 1BR,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Wakefield, MA
As of December 23, 2025 the best value apartment in the Wakefield area is the $0.52 price per square foot 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 in the in the Hammersmith Village neighborhood starting from $5,150. The second greatest value Wakefield apartment is the 6 Dragon Court Cir Model at 6 Dragon Court Cir, Unit NA starting at $2,800 with a $0.28 price per square foot in the Walnut Hill 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. |
|---|---|---|---|
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 6 Dragon Court Cir, Unit NA | 6 Dragon Court Cir | 4BR,1.5BA | $0.28 |
| 46 Yale Ave, Unit 46A | 46 Yale Ave | 2BR,2BA | $2.34 |
| Stonehill Towers | Two Bedroom | 2BR,2BA | $2.11 |
| APT Correlative Housing - The Coolidge | 1BR/1.5BA | 1BR,1.5BA | $2.35 |
| 43 Union St, Unit #1 | 43 Union St | 3BR,1.5BA | $2.25 |
| Everly | Two Bedroom Two Bath (1,137 SF) | 2BR,2BA | $2.44 |
| 39 Gould St, Unit 39 Gould St. | 39 Gould St | 2BR,1BA | $2.52 |
| 47 W Wyoming Ave, Unit 7 | 47 W Wyoming Ave | 2BR,1BA | $2.46 |
| 286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
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 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
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 $1,975 at Wakefield one, two, and three bedrooms with heating included.
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
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.
Helpful Local Expert Guides
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.
A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.