Cheap Apartments for Rent in Wakefield, MA from $1,000 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wakefield.

property at 580 Salem St

$1,675 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

Studio To 2 Bedroom Rentals

Available Now

580 Salem St

WakefieldMA01880
property at 68 Valley St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

68 Valley St

WakefieldMA01880
property at 124 Salem St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

124 Salem St

WakefieldMA01880
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184 Broadway St, Unit #3
$2,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050
1 Bedroom Apartment Available Now

184 Broadway St, Unit #3

184 Broadway StWakefield, MA 01880
Affordability
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246 Salem St, Unit 4
$2,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050
2 Bedroom Apartment Available Now

246 Salem St, Unit 4

246 Salem StWakefield, MA 01880
Affordability

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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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39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included
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598 North
1 to 2 Bedroom Apartments

598 North

598 North AveWakefield, MA 01880
property at 21 Sanborn St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

Studio, 1 Bath Home for Rent

Available Now

21 Sanborn St

ReadingMA01867

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51 Hancock St
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Mar 1

51 Hancock St

51 Hancock StStoneham, MA 02180
Cost Per Sq.Ft.
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property at 513-517-517 Franklin St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

2 Bedroom, 1 Bath Home for Rent

Available Now

property at 150 Green St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

150 Green St

MelroseMA02176

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.

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40 Hurd St
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
1 Bedroom Apartment Available Now

40 Hurd St

40 Hurd StMelrose, MA 02176
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40 Hurd St, Unit 1
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
1 Bedroom Apartment Available Now

40 Hurd St, Unit 1

40 Hurd StMelrose, MA 02176
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Stoneham House
Studio to 2 Bedroom Apartments

Stoneham House

180-222 Central StStoneham, MA 02180
  • Utilities Included
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30 Howard St
1 to 2 Bedroom Apartments

30 Howard St

30 Howard StSaugus, MA 01906
  • Utilities Included
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7 Falmouth St
1 Bedroom Apartments

7 Falmouth St

7 Falmouth StSaugus, MA 01906
  • Utilities Included
  • Smoke Free
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411 Main St
1 to 2 Bedroom Apartments

411 Main St

411 Main StStoneham, MA 02180
  • Utilities Included

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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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119 West Wyoming
Studio to 2 Bedroom Apartments

119 West Wyoming

119 W Wyoming AveMelrose, MA 02176
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30 Pomeworth Street
Studio to 1 Bedroom Apartments

30 Pomeworth Street

30 Pomeworth StStoneham, MA 02180

Wakefield, MA Local Guide

Cheapest Available Wakefield Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Leisure Lane ApartmentsstudioStudio,1BA$1,665
27-37 Water St1 Bedroom1BR,1BA$2,100

Best Value Apartments for Rent in Wakefield, MA

As of January 15, 2026 the best value apartment in the Wakefield area is the $1.73 price per square foot 93 Meridian St Model at 93 Meridian St, Unit 2 in the in the Hammersmith Village neighborhood starting from $2,600. The second greatest value Wakefield apartment is the 2BR/2.0BA Model at APT Correlative Housing - The Coolidge starting at $3,015 with a $2.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
93 Meridian St, Unit 293 Meridian St2BR,1.5BA$1.73
APT Correlative Housing - The Coolidge2BR/2.0BA2BR,2BA$2.23
110 Crescent Ave, Unit 1110 Crescent Ave3BR,1BA$2.07
43 Union St, Unit #143 Union St3BR,1.5BA$2.25
68 High St, Unit 268 High St2BR,1BA$2.48
159 Main St159 Main St2BR,2BA$2.67
15 Landers Rd, Unit B15 Landers RdStudio ,1BA$2.50
47 W Wyoming Ave, Unit 747 W Wyoming Ave2BR,1BA$2.46
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63

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.

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Top Neighborhoods Near Boston Colleges and Universities

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,665.

How much is rent for a Cheap One Bedroom Wakefield Apartment?

The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,945 at Leisure Lane Apartments.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!