$1,750
Total Monthly Price
Total Monthly Price
Base Rent
$1,750
Utilities & Essentials
Varies
Total Monthly Price
$1,750
Studio, 1 Bath Condo for Rent
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3 Summit Dr
ReadingMA01867
Cheap Homes for Rent in Wakefield, MA from $1,600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.
3 Summit Dr
ReadingMA01867
76 Woburn St
ReadingMA01867
223 Essex St
MelroseMA02176
116-124A Central Ave
LynnMA01901
50 Franklin St
StonehamMA02180
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
72 Linden St
ReadingMA01867
17-19-19 Washington St
MaldenMA02148
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.
594 Franklin St
MelroseMA02176
20 Center St
BurlingtonMA01803
71 Montvale Ave
StonehamMA02180
295 Main St
ReadingMA01867
59 Spring 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.
137 Lynde St
MelroseMA02176
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Wakefield, MA Local Guide
Lake Quannapowitt by Herzogbr is licensed under Internal
How much does it cost to rent a home in Wakefield?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Wakefield 2 Bedroom Homes for Rent | $2,664 | $1,960 | $4,000 |
| Wakefield 3 Bedroom Homes for Rent | $3,694 | $2,850 | $4,800 |
| Wakefield 4 Bedroom Homes for Rent | $4,030 | $3,400 | $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.
Browse Top Homes for Rent in Wakefield
Explore Wakefield
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 1 Bed unit found at Leisure Lane Apartments in the West Side neighborhood priced from $1,695. 119 West Wyoming in the Greenwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here is today’s list of the most affordable Wakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Leisure Lane Apartments | small 1 bedroom | 1BR,1BA | $1,695 |
| 119 West Wyoming | 0BR/1.0BA | Studio,1BA | $1,695 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Wakefield, MA
As of October 29, 2025 the best value apartment in the Wakefield area is the $0.22 price per square foot 5 Howard St Model at 5 Howard St, Unit 1 in the in the Hammersmith Village neighborhood starting from $2,200. The second greatest value Wakefield apartment is the 1BR/1.5BA Model at APT Correlative Housing - The Coolidge starting at $3,100 with a $2.43 price per square foot in the Hammersmith Village 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. |
|---|---|---|---|
| 5 Howard St, Unit 1 | 5 Howard St | 1BR,1BA | $0.22 |
| APT Correlative Housing - The Coolidge | 1BR/1.5BA | 1BR,1.5BA | $2.43 |
| 30 Haven | 2x1 BA | 2BR,1BA | $2.71 |
| Nexxus Apartments | The Suffolk | 2BR,2.5BA | $2.78 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| 1 Railroad Ave, Unit Apt1 1st Floor | 1 Railroad Ave | 1BR,1BA | $2.35 |
| The Residences at Stevens Pond | The Appleton | 1BR,1BA | $2.82 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $2.44 |
| 40 Hurd St | 40 Hurd St | 1BR,1BA | $2.80 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleDon'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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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
Read ArticleQuick Rent Budget Calculator
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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 231 Apartments for Rent in Wakefield, MA with pricing that ranges from $1,650 to $13,728. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,650 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 $1,650 to $22,500 with an average monthly rent of $7,059.
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 $2,800 to $5,329, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $4,800. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $3,000.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
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.