$1,600
Total Monthly Price
Total Monthly Price
Base Rent
$1,600
Utilities & Essentials
Varies
Total Monthly Price
$1,600
Studio, 1 Bath Condo for Rent
Available Dec 19
340 Main St
MelroseMA02176
Cheap Homes for Rent in Wakefield, MA from $1,600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.
340 Main St
MelroseMA02176
905 Main St
LynnfieldMA01940
3 Summit Dr
ReadingMA01867
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72 Linden St
ReadingMA01867
594 Franklin St
MelroseMA02176
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.
71 Montvale Ave
StonehamMA02180
223 Essex St
MelroseMA02176
116-124A Central Ave
LynnMA01901
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$1,949
Plus Fees
Studio Apartments Available NowFurnished Studio-Boston - Saugus
832 BroadwaySaugus, MA 01906
56 Johnson St
LynnMA01902
4 Melrose St, Unit #3
4 Melrose St
BostonMA02116
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.
59 Spring St
WakefieldMA01880
10 Roosevelt Rd
WakefieldMA01880
100 Ledgewood Dr, Unit 216
100 Ledgewood Dr
StonehamMA02180
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51 Melrose St
MelroseMA02176
52 Valley St
WakefieldMA01880
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
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Wakefield, MA Local Guide
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How much does it cost to rent a home in Wakefield?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Wakefield 2 Bedroom Homes for Rent | $2,772 | $1,950 | $4,000 |
| Wakefield 3 Bedroom Homes for Rent | $3,511 | $2,800 | $4,750 |
| Wakefield 4 Bedroom Homes for Rent | $4,900 | $4,000 | $5,500 |
| Wakefield 5 Bedroom Homes for Rent | $12,500 | $7,000 | $10,000+ |
| Wakefield 6 Bedroom Homes for Rent | $22,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Wakefield, MA Local Guide
- Wakefield Neighborhoods
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Cheapest Available Wakefield Apartments for Rent
The cheapest available apartment rental in Wakefield, MA is a Studio unit found at Leisure Lane Apartments in the West Side neighborhood priced from $1,750. Mill Street Gardens in the Nobility Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here is today’s list of the most affordable Wakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Leisure Lane Apartments | studio | Studio,1BA | $1,750 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Windsor Radio Factory | A1L - Mill | Studio,1BA | $2,105 |
Best Value Apartments for Rent in Wakefield, MA
As of December 15, 2025 the best value apartment in the Wakefield 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 Wakefield apartment is the 6 Dragon Court Cir Model at 6 Dragon Court Cir, Unit NA starting at $2,800 with a $0.28 price per square foot in the Walnut Hill neighborhood. Here is today’s list of the best values for Wakefield 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 |
| 6 Dragon Court Cir, Unit NA | 6 Dragon Court Cir | 4BR,1.5BA | $0.28 |
| 223 Central St, Unit 7 | 223 Central St | 1BR,1BA | $0.20 |
| Stonehill Towers | Two Bedroom | 2BR,2BA | $2.03 |
| APT Correlative Housing - The Coolidge | 1BR/1.5BA | 1BR,1.5BA | $2.35 |
| 43 Union St, Unit #1 | 43 Union St | 3BR,1.5BA | $2.25 |
| Nexxus Apartments | The Suffolk | 2BR,2.5BA | $2.54 |
| 39 Gould St, Unit 39 Gould St. | 39 Gould St | 2BR,1BA | $2.52 |
| 47 W Wyoming Ave, Unit 7 | 47 W Wyoming Ave | 2BR,1BA | $2.46 |
| 286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
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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 ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
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Best Local Schools in Wakefield, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wakefield, MA Rentals by Map
See the most popular apartments and homes in Wakefield, MA
Frequently Asked Questions about Wakefield
What type of rentals are currently available in Wakefield?
There are currently 241 Apartments for Rent in Wakefield, MA with pricing that ranges from $1,725 to $9,623. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,600 to $22,500.
What is the current price range for Rental Homes in Wakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wakefield ranges from $1,600 to $22,500 with an average monthly rent of $7,143.
How much are larger Three and Four Bedroom Rentals in Wakefield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wakefield range from $2,600 to $5,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $4,750. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $2,800.
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.
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Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
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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.
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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.