10 Wiley St
WakefieldMA01880
Cheap Homes for Rent in Wakefield, MA from $1,600 (14 Rentals)
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$1,800
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now223 Essex St
223 Essex StMelrose, MA 02176
104 W Emerson St, Unit 3
104 W Emerson St
MelroseMA02176
15 W Water St
WakefieldMA01880
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
50 Franklin St
StonehamMA02180
4 Melrose St, Unit #3
4 Melrose St
BostonMA02116
57 Howard St
MelroseMA02176
594 Franklin St
MelroseMA02176
72 Linden St
ReadingMA01867
10 Montrose Ave
WakefieldMA01880
71 Montvale Ave
StonehamMA02180
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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.
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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 | $2,854 | $2,200 | $4,000 |
| Wakefield 3 Bedroom Homes for Rent | $3,738 | $3,200 | $4,800 |
| Wakefield 4 Bedroom Homes for Rent | $4,310 | $3,300 | $5,200 |
| Wakefield 5 Bedroom Homes for Rent | $5,075 | $4,350 | $7,000 |
| 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
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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 |
| Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Gardencrest Apartments | 1BR/1.0BA | 1BR,1BA | $2,125 |
Best Value Apartments for Rent in Wakefield, MA
As of September 13, 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 18 Union St Model at 18 Union St, Unit 2 starting at $3,300 with a $2.09 price per square foot in the Downtown Reading 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 |
| 18 Union St, Unit 2 | 18 Union St | 4BR,1BA | $2.09 |
| 40 Hurd St, Unit #2 | 40 Hurd St | 4BR,1BA | $2.20 |
| Stonehill Towers | Two Bedroom Corner Unit | 2BR,2BA | $2.08 |
| 1 Fulton St | 1 Fulton St | 2BR,1BA | $2.25 |
| Michaels Landing | 2BED 2BATH (OCT-NOV 2025) | 2BR,2BA | $2.50 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| Gardencrest Apartments | 1BR/1.0BA | 1BR,1BA | $2.46 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
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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 $1,725 to $12,370. There are also 66 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 $6,068.
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 $2,500 to $6,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $4,800. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $3,300.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.