340 Main St
MelroseMA02176
Cheap Homes for Rent in Wakefield, MA from $1,750 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.
84 Franklin St, Unit 2
84 Franklin St
StonehamMA02180
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$2,0001 Bedroom Apartments Available Sep 1
822 Main St
822 Main StMelrose, MA 02176
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$2,2002 Bedroom Apartments Available Nov 1
70 Mill St, Unit 6
70 Mill StWoburn, MA 01801
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$2,2001 Bedroom Apartments Available Now
78 Mill St, Unit 10
78 Mill StWoburn, MA 01801
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$2,2001 Bedroom Apartments Available Oct 1
80 Mill St, Unit 8
80 Mill StWoburn, MA 01801
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Moving to Boston? Discover how to handle unique rental rules, avoid common moving day pitfalls, and prepare for your first winter in the city
16 Indian Rock Dr
SaugusMA01906
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$2,249Studio Apartments Available Now
Furnished Studio-Boston - Saugus
832 BroadwaySaugus, MA 01906
298 Main St, Unit 298 Main
298 Main St
WakefieldMA01880
298 Main St
WakefieldMA01880
20-22 Emerson St
StonehamMA02180
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$2,3001 Bedroom Apartments Available Now
70 Mill St, Unit 10
70 Mill StWoburn, MA 01801
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
189 W Wyoming Ave, Unit 31
189 W Wyoming Ave
MelroseMA02176
32 Pond St
StonehamMA02180
15 W Water St
WakefieldMA01880
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$2,5002 Bedroom Apartments Available Oct 1
76 Mill St, Unit 5
76 Mill StWoburn, MA 01801
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$2,5002 Bedroom Apartments Available Sep 1
78 Mill St, Unit 1
78 Mill StWoburn, MA 01801
100 Ledgewood Dr, Unit 412
100 Ledgewood Dr
StonehamMA02180
What It Really Costs to Live in Boston: A Local Renter’s Guide
Thinking of moving to Boston? Discover the real cost of living in the city. Our local expert guide breaks down rent, hidden utility costs, transportation tips, and neighborhood tradeoffs to help you budget smarter.
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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 | $2,970 | $2,300 | $4,200 |
| Wakefield 3 Bedroom Homes for Rent | $4,186 | $3,000 | $6,000 |
| Wakefield 4 Bedroom Homes for Rent | $4,358 | $3,200 | $5,500 |
| Wakefield 5 Bedroom Homes for Rent | $15,000 | $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
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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 Mill Street Gardens in the Nobility Hill neighborhood priced from $1,950. 119 West Wyoming in the Greenwood 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 |
|---|---|---|---|
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $1,950 |
| Leisure Lane Apartments | small 1 bedroom | 1BR,1BA | $1,955 |
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Wakefield, MA
As of August 26, 2026 the best value apartment in the Wakefield area is the $2.22 price per square foot 58 Temple St Model at 58 Temple St, Unit 1 in the in the North Woburn neighborhood starting from $3,990. The second greatest value Wakefield apartment is the THIRD FLOOR CORNER Model at Michaels Landing starting at $3,150 with a $2.63 price per square foot in the West Peabody 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. |
|---|---|---|---|
| 58 Temple St, Unit 1 | 58 Temple St | 3BR,1BA | $2.22 |
| Michaels Landing | THIRD FLOOR CORNER | 2BR,2BA | $2.63 |
| 48 Pleasant Street | 2BR/1.5BA | 2BR,1.5BA | $2.97 |
| 32 Pond St, Unit 2 | 32 Pond St | 2BR,1BA | $2.45 |
| 32 Pond St, Unit 2w | 32 Pond St | 2BR,1BA | $2.45 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| Washington Crossing Apartments | Charles 1B1B | 1BR,1BA | $2.90 |
| Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
| Residences at Stevens Pond | The Appleton | 1BR,1BA | $2.98 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2.79 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Wakefield, MA
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 221 Apartments for Rent in Wakefield, MA with pricing that ranges from $1,800 to $19,900. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,750 to $15,000.
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 $1,750 to $15,000 with an average monthly rent of $3,889.
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 $2,900 to $6,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $3,700.
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
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.
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Rent According to Income: A Look at Income-Restricted Rentals
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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