close
View Me
Cheap Apartments for Rent in the Downtown Wakefield Neighborhood of Wakefield, MA from $1,000 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wakefield area of Wakefield.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
from $2,1002 Bedroom Apartment Available Now
34 Richardson St, Unit #2
34 Richardson StWakefield, MA 01880
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.
close
View Me
from $2,1001 Bedroom Apartments Available Now
Wakefield one, two, and three bedrooms
11 Bartley StWakefield, MA 01880
close
View Me
close
View Me
close
View Me
from $2,178Studio to 2 Bedroom Apartments Available Jul 20
Grayson Lofts
168 Albion StWakefield, MA 01880
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
272 Albion St
WakefieldMA01880
close
View Me
11 Columbia Rd
WakefieldMA01880
Showing Results 1-14, Page 1 of 1
Downtown Wakefield, Wakefield, MA Local Guide
Lake Quannapowitt by Herzogbr is licensed under Internal
How much does it cost to rent an apartment in Downtown Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wakefield Studio Apartments | $3,663 | $2,178 | $5,190 |
| Downtown Wakefield 1 Bedroom Apartments | $2,932 | $2,000 | $6,503 |
| Downtown Wakefield 2 Bedroom Apartments | $3,661 | $2,100 | $7,368 |
| Downtown Wakefield 3 Bedroom Apartments | $3,920 | $2,700 | $4,300 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Downtown Wakefield Neighborhood of Wakefield, MA.
See all Apartments in WakefieldExplore Wakefield
Downtown Wakefield, Wakefield, MA Local Guide
- Nearby Wakefield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Wakefield Apartments for Rent
The cheapest available apartment rental in the Downtown Wakefield area of Boston, MA is a 1 Bed unit found at Wakefield one, two, and three bedrooms priced from $2,100. 27-37 Water St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Downtown Wakefield apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| The Elms | One Bed | 1BR,1BA | $2,301 |
Best Value Apartments for Rent in Downtown Wakefield, MA
As of June 23, 2025 the best value apartment in the Downtown Wakefield area is the $2.14 price per square foot 33 Salem St Model at 33 Salem St, Unit #1 in the in the Montrose neighborhood starting from $2,700. The second greatest value Downtown Wakefield apartment is the 315 Albion St Model at 315 Albion St, Unit #1 starting at $2,800 with a $2.55 price per square foot in the Greenwood neighborhood. Here is today’s list of the best values for Downtown Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 33 Salem St, Unit #1 | 33 Salem St | 3BR,1BA | $2.14 |
| 315 Albion St, Unit #1 | 315 Albion St | 2BR,1BA | $2.55 |
| 316 Albion St, Unit #1 | 316 Albion St | 2BR,1BA | $2.55 |
| 407 Lowell St, Unit #3 | 407 Lowell St | 2BR,2BA | $2.78 |
| 404 Lowell St, Unit #3 | 404 Lowell St | 2BR,2BA | $2.78 |
| 269 Albion St, Unit #11 | 269 Albion St | 2BR,1BA | $2.44 |
| 287 Albion St, Unit #2 | 287 Albion St | 1BR,1BA | $2.46 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
| 30 Salem St, Unit #2 | 30 Salem St | 1BR,1BA | $2.94 |
| 34 Salem St, Unit #2 | 34 Salem St | 1BR,1BA | $2.94 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Downtown Wakefield area?
If you’re an expert on all things Downtown Wakefield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Wakefield, Wakefield, MA
Ranked #2
Among neighborhoods in Wakefield, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Wakefield Apartments
What is the price of a cheap apartment in Downtown Wakefield?
The cheapest apartment in Downtown Wakefield is Wakefield one, two, and three bedrooms which is listed at $2,100, while the average apartment in Downtown Wakefield costs $4,200.
What types of apartments are the cheapest in Downtown Wakefield?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Downtown Wakefield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Wakefield?
Cheap apartments in Downtown Wakefield have an average cost of $217 which is $3,983 cheaper than the average rent for all rentals in Downtown Wakefield.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.