
Cheap Apartments for Rent in the Greenwood Neighborhood of Wakefield, MA from $1,000 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Wakefield.


27-37 Water St

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34 Richardson St, Unit #2

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74 Vernon St, Unit Unit 1

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224 Albion St, Unit 1

Melrose Terrace

Grayson Lofts
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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.

52 Vernon St

8 Wakefield Ave

34 Chestnut St

39-41 Richardson Ave

Wakefield one, two, and three bedrooms with heating included

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223 Essex St

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452 Main St, Unit 1
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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.

101 Vine St

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452 Main St, Unit 1

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7 Cypress Park, Unit Unit 3

340 Main St

Furnished Studio-Boston - Saugus

66 Lake Avenue

18-20 N High St
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40 Hurd St, Unit 1

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40 Hurd St

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40 Hurd St, Unit 1

53 Pearl St

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172 Trenton St, Unit 172 Trenton St.

126 W Wyoming Ave

30 Howard St
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7 Falmouth St

119 West Wyoming

32 Tappan St.
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 | $2,329 | $1,900 | $3,655 |
| Greenwood 1 Bedroom Apartments | $2,632 | $1,775 | $5,859 |
| Greenwood 2 Bedroom Apartments | $3,389 | $2,100 | $6,760 |
| Greenwood 3 Bedroom Apartments | $4,150 | $2,695 | $5,123 |
| Greenwood 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 31 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 119 West Wyoming 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 |
|---|---|---|---|
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Grayson Lofts | S1/S1a | Studio,1BA | $2,180 |
Best Value Apartments for Rent in Greenwood, MA
As of March 13, 2026 the best value apartment in the Greenwood area is the $0.52 price per square foot 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 in the in the Hammersmith Village neighborhood starting from $5,150. The second greatest value Greenwood apartment is the 452 Main St Model at 452 Main St, Unit 1 starting at $1,800 with a $0.18 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. |
|---|---|---|---|
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 452 Main St, Unit 1 | 452 Main St | 1BR,1BA | $0.18 |
| 452 Main St, Unit 1 | 452 Main St | 1BR,1BA | $0.18 |
| 39 Melvin St, Unit 1 | 39 Melvin St | 3BR,2BA | $1.97 |
| 110 Crescent Ave, Unit 1 | 110 Crescent Ave | 3BR,1BA | $2.07 |
| 554 Main St, Unit 2 | 554 Main St | 4BR,1BA | $2.77 |
| 68 High St, Unit 2 | 68 High St | 2BR,1BA | $2.38 |
| 27 W Wyoming Ave, Unit #3 | 27 W Wyoming Ave | 2BR,1BA | $2.60 |
| 74 Vernon St, Unit Unit 1 | 74 Vernon St | 1BR,1BA | $2.33 |
| 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.
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Read ArticleCash 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.
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 a cheap apartment in Greenwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greenwood is under $2,180.
What is the price of a cheap apartment in Greenwood?
The cheapest apartment in Greenwood is 119 West Wyoming which is listed at $2,100, while the average apartment in Greenwood costs $5,150.
What types of apartments are the cheapest in Greenwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Greenwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Greenwood?
Cheap apartments in Greenwood have an average cost of $169 which is $4,981 cheaper than the average rent for all rentals in Greenwood.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.