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Cheap Homes for Rent in Downtown Wakefield Neighborhood of Wakefield, MA from $2,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wakefield area of Wakefield.
276 Albion St
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.
276 Albion St
WakefieldMA01880
252 Albion St
WakefieldMA01880
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.
5 Charles St
WakefieldMA01880
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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 | $2,500 | $2,500 | $2,500 |
| Downtown Wakefield 3 Bedroom Homes for Rent | $3,933 | $3,300 | $4,300 |
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 5 rentals with your search options within a 1 mile radius of the Downtown Wakefield Neighborhood of Wakefield, MA.
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Downtown Wakefield, Wakefield, MA Local Guide
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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 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 | 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 September 09, 2025 the best value apartment in the Downtown Wakefield area is the $3.31 price per square foot B4 Model at Grayson Lofts in the in the Greenwood neighborhood starting from $3,585. The second greatest value Downtown Wakefield apartment is the One Bed Model at The Elms starting at $2,750 with a $3.18 price per square foot in the West Side 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. |
|---|---|---|---|
| Grayson Lofts | B4 | 2BR,2BA | $3.31 |
| The Elms | One Bed | 1BR,1BA | $3.18 |
| Wakefield one, two, and three bedrooms | One bedroom | 1BR,1BA | $3.44 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $3.50 |
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Pet Friendly LifestyleDowntown Wakefield, Wakefield, MA
Ranked #3
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Wakefield
What type of rentals are currently available in Downtown Wakefield?
There are currently 53 Apartments for Rent in Downtown Wakefield, MA with pricing that ranges from $1,725 to $7,368. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wakefield ranging from $2,500 to $4,300.
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 $2,500 to $4,300 with an average monthly rent of $3,216.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.