
Cheap Apartments for Rent in the Greenwood Neighborhood of Wakefield, MA from $1,000 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Wakefield.


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219 Albion St, Unit 3

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10 Roosevelt Rd

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34 Richardson St, Unit #2

27-37 Water St

Melrose Terrace
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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286 Albion St, Unit #2

Grayson Lofts

Wakefield one, two, and three bedrooms with heating included

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51 Mount Vernon St, Unit B

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223 Essex St, Unit 4
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.

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283 Vinton St, Unit A

Furnished Studio-Boston - Saugus

506-512-512 Franklin St

37 Crystal St

121 Franklin St

513-517-517 Franklin St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

150 Green St

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10 Chestnut St, Unit 3

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40 Hurd St

53 Pearl St

Avalon Saugus
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.
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 | $2,340 | $1,600 | $4,065 |
| Greenwood 1 Bedroom Apartments | $2,630 | $1,725 | $5,859 |
| Greenwood 2 Bedroom Apartments | $3,207 | $2,050 | $7,025 |
| Greenwood 3 Bedroom Apartments | $4,214 | $2,600 | $5,149 |
| Greenwood 4 Bedroom Apartments | $4,850 | $4,400 | $5,300 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Wakefield, MA.
See all Apartments in WakefieldExplore Wakefield
Greenwood, Wakefield, MA Local Guide
- Nearby Wakefield neighborhoods
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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 27-37 Water St priced from $2,100. Avalon Saugus has the second lowest priced unit, which is a Studio apartment currently listed from $2,155. Here are the most affordable Greenwood apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Avalon Saugus | SM04 | Studio,1BA | $2,155 |
| Atwood | Studio-S1 | Studio,1BA | $2,250 |
Best Value Apartments for Rent in Greenwood, MA
As of December 04, 2025 the best value apartment in the Greenwood area is the $0.16 price per square foot 51 Mount Vernon St Model at 51 Mount Vernon St, Unit B in the in the Hammersmith Village neighborhood starting from $1,600. The second greatest value Greenwood apartment is the 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 starting at $5,150 with a $0.52 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. |
|---|---|---|---|
| 51 Mount Vernon St, Unit B | 51 Mount Vernon St | Studio ,1BA | $0.16 |
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 29 Lynde St, Unit 29 | 29 Lynde St | 2BR,1BA | $1.93 |
| APT Correlative Housing - The Coolidge | 1BR/1.5BA | 1BR,1.5BA | $2.43 |
| 43 Union St, Unit #1 | 43 Union St | 3BR,1.5BA | $2.25 |
| 118 Vine St, Unit 2 | 118 Vine St | 2BR,1BA | $2.50 |
| 118 Vine St, Unit 2 | 118 Vine St | 2BR,1BA | $2.60 |
| 47 W Wyoming Ave, Unit 7 | 47 W Wyoming Ave | 2BR,1BA | $2.57 |
| 286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 Avalon Saugus listed at $2,155.
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 27-37 Water St.
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 $2,475 at 27-37 Water St.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at The Devon at Weiss Farm and starts from $4,382.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




