
Cheap Apartments for Rent in the Greenwood Neighborhood of Wakefield, MA from $1,000 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Wakefield.


68 Valley St

27-37 Water St

Melrose Terrace

39-41 Richardson Ave
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Total Monthly Price
223 Essex St, Unit 4

Furnished Studio-Boston - Saugus

513-517-517 Franklin St

150 Green St

Total Monthly Price
40 Hurd St, Unit 1
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Total Monthly Price
40 Hurd St, Unit 1

Total Monthly Price
40 Hurd St

7 Falmouth St

30 Howard St

119 West Wyoming
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Greenwood, Wakefield, MA Local Guide

How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Greenwood Studio Apartments | $2,445 | $1,949 | $4,065 |
| Greenwood 1 Bedroom Apartments | $2,640 | $1,725 | $5,859 |
| Greenwood 2 Bedroom Apartments | $3,260 | $2,050 | $7,025 |
| Greenwood 3 Bedroom Apartments | $4,179 | $2,695 | $5,149 |
| Greenwood 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Wakefield, MA.
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Greenwood, Wakefield, MA Local Guide
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Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Boston, MA is a 1 Bed unit found at Melrose Terrace 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 Greenwood apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Melrose Terrace | 1 Bedroom | 1BR,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Atwood | Studio-S1 | Studio,1BA | $2,293 |
| The Devon at Weiss Farm | Studio | Studio,1BA | $2,318 |
| Essex Landing Saugus | One Bedroom | 1BR,1BA | $2,350 |
Best Value Apartments for Rent in Greenwood, MA
As of January 24, 2026 the best value apartment in the Greenwood area is the $2.23 price per square foot 2BR/2.0BA Model at APT Correlative Housing - The Coolidge in the in the Hammersmith Village neighborhood starting from $3,015. The second greatest value Greenwood apartment is the 110 Crescent Ave Model at 110 Crescent Ave, Unit 1 starting at $2,695 with a $2.07 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| APT Correlative Housing - The Coolidge | 2BR/2.0BA | 2BR,2BA | $2.23 |
| 110 Crescent Ave, Unit 1 | 110 Crescent Ave | 3BR,1BA | $2.07 |
| 48 Pleasant Street | 2BR/1.5BA | 2BR,1.5BA | $2.73 |
| 68 High St, Unit 2 | 68 High St | 2BR,1BA | $2.48 |
| 23 Converse St, Unit 1st Floor Apt | 23 Converse St | 2BR,1BA | $2.48 |
| 15 Landers Rd, Unit B | 15 Landers Rd | Studio ,1BA | $2.50 |
| Gardencrest Apartments | 2BR/1.0BA | 2BR,1BA | $2.69 |
| Essex Landing Saugus | One Bedroom | 1BR,1BA | $2.78 |
| 40 Hurd St | 40 Hurd St | 1BR,1BA | $2.80 |
| 40 Hurd St, Unit 1 | 40 Hurd St | 1BR,1BA | $2.80 |
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Read ArticleQuick 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.
Pet Friendly LifestyleGreenwood, Wakefield, MA
Ranked #5
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Greenwood, Wakefield, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Greenwood Apartments
What is the Cheapest Studio apartment in Greenwood?
Currently the most affordable Cheap Studio Apartment in Greenwood is at Atwood listed at $2,293.
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $2,100 at Melrose Terrace.
What is the lowest price for a Cheap Two Bedroom Greenwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greenwood is starting from $2,450 at Gardencrest Apartments.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at The Residences at Stevens Pond and starts from $3,506.
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.