Cheap Apartments for Rent in Wakefield, MA from $1,000 (33 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Stoneham House
1 to 2 Bedroom Apartments

Stoneham House

180-222 Central StStoneham, MA 02180
  • Utilities Included
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7 Falmouth St
1 Bedroom Apartments

7 Falmouth St

7 Falmouth StSaugus, MA 01906
  • Utilities Included
  • Smoke Free

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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411 Main St
1 to 2 Bedroom Apartments

411 Main St

411 Main StStoneham, MA 02180
  • Utilities Included

Wakefield, MA Local Guide

Cheapest Available Wakefield Apartments for Rent

 

The cheapest available apartment rental in Wakefield, MA is a 1 Bed unit found at 30 Howard St in the Hammersmith Village neighborhood priced from $1,600. Leisure Lane Apartments in the West Side neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,795. Here is today’s list of the most affordable Wakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
30 Howard St7H Falmouth1BR,1BA$1,600
Leisure Lane ApartmentsstudioStudio,1BA$1,795
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$1,950

Best Value Apartments for Rent in Wakefield, MA

As of May 15, 2025 the best value apartment in the Wakefield area is the $0.25 price per square foot 22 Linden Rd Model at 22 Linden Rd in the in the Hammersmith Village neighborhood starting from $2,450. The second greatest value Wakefield apartment is the 119 Myrtle St Model at 119 Myrtle St, Unit #1 starting at $1,750 with a $0.18 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.
22 Linden Rd22 Linden Rd2BR,1BA$0.25
119 Myrtle St, Unit #1119 Myrtle St1BR,1BA$0.18
51 Mount Vernon St, Unit #551 Mount Vernon St2BR,1.5BA$0.28
39-41 Crescent St, Unit #139-41 Crescent St2BR,2.5BA$1.75
28 Salem St, Unit #128 Salem St3BR,1BA$2.14
33 Salem St, Unit #133 Salem St3BR,1BA$2.14
110 W Wyoming Ave, Unit #2110 W Wyoming Ave2BR,1BA$2.19
23 Rendall Pl, Unit #2323 Rendall Pl2BR,1BA$2.09
55 Lynde Ave, Unit #255 Lynde Ave2BR,1BA$2.15
13 Radcliffe Rd, Unit #113 Radcliffe Rd1BR,1BA$2.22

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

Explore Wakefield, MA Rentals by Map

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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

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 $1,795.

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

The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,600 at 30 Howard St.

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 Hanover Stoneham and starts from $4,663.

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.

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Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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