Cheap Apartments for Rent in the Greenwood Neighborhood of Wakefield, MA from $1,000 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Wakefield.

34 Richardson St, Unit #2

Wakefield one, two, and three bedrooms
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.

127 Upham St
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.

157 Franklin St, Unit #B2
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

150 Green St

APT Correlative Housing - The Coolidge
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Greenwood, Wakefield, MA Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $2,703 | $1,850 | $5,495 |
Greenwood 1 Bedroom Apartments | $2,761 | $1,800 | $6,503 |
Greenwood 2 Bedroom Apartments | $3,379 | $2,100 | $7,368 |
Greenwood 3 Bedroom Apartments | $4,049 | $2,400 | $6,352 |
Greenwood 4 Bedroom Apartments | $3,500 | $3,500 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 28 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Greenwood, MA
As of June 21, 2025 the best value apartment in the Greenwood area is the $0.35 price per square foot 716 Franklin St Model at 716 Franklin St, Unit 1 in the in the Hammersmith Village neighborhood starting from $3,500. The second greatest value Greenwood apartment is the 51 Mount Vernon St Model at 51 Mount Vernon St, Unit #5 starting at $2,800 with a $0.28 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. |
---|---|---|---|
716 Franklin St, Unit 1 | 716 Franklin St | 4BR,2BA | $0.35 |
51 Mount Vernon St, Unit #5 | 51 Mount Vernon St | 2BR,1.5BA | $0.28 |
22 Linden Rd | 22 Linden Rd | 2BR,1BA | $0.25 |
1 Greenleaf Pl | 1 Greenleaf Pl | 2BR,1.5BA | $1.54 |
110 W Wyoming Ave, Unit #2 | 110 W Wyoming Ave | 2BR,1BA | $2.19 |
23 Rendall Pl, Unit #23 | 23 Rendall Pl | 2BR,1BA | $2.09 |
159 Franklin St, Unit #D3 | 159 Franklin St | 2BR,1BA | $2.27 |
28 W Wyoming Ave, Unit #3 | 28 W Wyoming Ave | 2BR,1BA | $2.29 |
79 Pleasant St, Unit 3 | 79 Pleasant St | 1BR,1BA | $2.00 |
APT Correlative Housing - The Coolidge | 1BR/1.0BA | 1BR,1BA | $2.21 |
Quick 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 neighborhoods in Wakefield, MA 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 $2,330.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Atwood and starts from $4,050.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.