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$2,150 - $5,859
Plus Fees
Studio to 2 Bedroom Apartments Available Jul 13Grayson Lofts
168 Albion StWakefield, MA 01880
Cheap Apartments for Rent in the Downtown Wakefield Neighborhood of Wakefield, MA from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wakefield area of Wakefield.
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1 to 2 Bedroom Apartments
The Foundry Wakefield
69 Foundry StWakefield, MA 01880
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2 Bedroom Apartments
30 Chestnut St
30 Chestnut StWakefield, MA 01880
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2 Bedroom Apartments
175 North Ave
175 North AveWakefield, MA 01880
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1 to 2 Bedroom Apartments
5 Columbia Rd
5 Columbia RdWakefield, MA 01880
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1 to 2 Bedroom Apartments
642MAIN
642 Main StWakefield, 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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Studio Apartments
217 Albion St
217 Albion StWakefield, MA 01880
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1 to 2 Bedroom Apartments
598 North
598 North AveWakefield, MA 01880
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1 Bedroom Apartments
301 North Ave
301 North AveWakefield, MA 01880
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2 Bedroom Apartments
259 Water St
259 Water StWakefield, MA 01880
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Studio to 1 Bedroom Apartments
39-41 Richardson Ave
39-41 Richardson AveWakefield, MA 01880
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2 Bedroom Apartments
600 NORTH
600 North AveWakefield, MA 01880
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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Studio to 1 Bedroom Apartments
The Americana Wakefield
415 Lowell StWakefield, MA 01880
Showing Results 1-13, 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 Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Wakefield Studio Apartments | $2,715 | $2,150 | $3,655 |
| Downtown Wakefield 1 Bedroom Apartments | $2,937 | $2,000 | $5,859 |
| Downtown Wakefield 2 Bedroom Apartments | $3,170 | $2,250 | $4,345 |
| Downtown Wakefield 3 Bedroom Apartments | $4,200 | $4,200 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Downtown Wakefield Neighborhood of Wakefield, MA.
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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 with heating included priced from $2,000. 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 with heating included | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| The Elms | Two Bed | 2BR,1BA | $2,750 |
Best Value Apartments for Rent in Downtown Wakefield, MA
As of May 08, 2026 the best value apartment in the Downtown Wakefield area is the $3.18 price per square foot One Bed Model at The Elms in the in the West Side neighborhood starting from $2,750. The second greatest value Downtown Wakefield apartment is the 273 Albion St Model at 273 Albion St, Unit #23 starting at $2,500 with a $3.03 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. |
|---|---|---|---|
| The Elms | One Bed | 1BR,1BA | $3.18 |
| 273 Albion St, Unit #23 | 273 Albion St | 2BR,1BA | $3.03 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $3.00 |
| Wakefield one, two, and three bedrooms with heating included | One bedroom | 1BR,1BA | $3.44 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $3.50 |
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 with heating included which is listed at $2,000, 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 $378 which is $3,822 cheaper than the average rent for all rentals in Downtown Wakefield.
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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