276 Albion St
WakefieldMA01880
Cheap Homes for Rent in Downtown Wakefield Neighborhood of Wakefield, MA from $1,900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wakefield area of Wakefield.
248 Albion St
WakefieldMA01880
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.
10 Blue Jay Cir, Unit 2
10 Blue Jay Cir
WakefieldMA01880
10 Blue Jay Cir
WakefieldMA01880
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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Downtown Wakefield, Wakefield, MA Local Guide
Lake Quannapowitt by Herzogbr is licensed under Internal
How much does it cost to rent a home in Downtown Wakefield?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Wakefield 2 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
| Downtown Wakefield 3 Bedroom Homes for Rent | $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 Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Downtown Wakefield Neighborhood of Wakefield, MA.
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Best Value Apartments for Rent in Downtown Wakefield, MA
As of June 07, 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 1BR/1.0BA Model at Wakefield one, two, and three bedrooms with heating included starting at $2,000 with a $3.28 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 |
| Wakefield one, two, and three bedrooms with heating included | 1BR/1.0BA | 1BR,1BA | $3.28 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $3.50 |
Frequently Asked Questions about Downtown Wakefield
What type of rentals are currently available in Downtown Wakefield?
There are currently 55 Apartments for Rent in Downtown Wakefield, MA with pricing that ranges from $1,995 to $5,859. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wakefield ranging from $1,995 to $4,200.
What is the current price range for Rental Homes in Downtown Wakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Wakefield ranges from $1,995 to $4,200 with an average monthly rent of $3,165.
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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Pet-Friendly Renting: Everything You Need to Know Before You Move
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.