$1,600
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Total Monthly Price
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$1,600
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Varies
Total Monthly Price
$1,600
Studio, 1 Bath Condo for Rent
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340 Main St
MelroseMA02176
Cheap Homes for Rent in Wakefield, MA from $1,600 (17 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
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.
594 Franklin St
MelroseMA02176
71 Montvale Ave
StonehamMA02180
223 Essex St
MelroseMA02176
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$1,949
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Studio Apartments Available NowFurnished Studio-Boston - Saugus
832 BroadwaySaugus, MA 01906
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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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.
51 Melrose St
MelroseMA02176
156 Main St
MelroseMA02176
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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 | $2,875 | $2,350 | $4,000 |
| Wakefield 3 Bedroom Homes for Rent | $3,575 | $2,800 | $4,750 |
| Wakefield 4 Bedroom Homes for Rent | $4,566 | $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. Wakefield one, two, and three bedrooms with heating included in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. 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 |
| Wakefield one, two, and three bedrooms with heating included | 1BR/1.0BA | 1BR,1BA | $1,975 |
| Melrose Terrace | 1 Bedroom | 1BR,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Wakefield, MA
As of December 30, 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 110 Crescent Ave Model at 110 Crescent Ave, Unit 1 starting at $2,925 with a $2.25 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. |
|---|---|---|---|
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 110 Crescent Ave, Unit 1 | 110 Crescent Ave | 3BR,1BA | $2.25 |
| Stonehill Towers | Two Bedroom | 2BR,2BA | $2.11 |
| 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 |
| Everly | Two Bedroom Two Bath (1,137 SF) | 2BR,2BA | $2.48 |
| 39 Gould St, Unit 39 Gould St. | 39 Gould St | 2BR,1BA | $2.52 |
| 68 High St, Unit 2 | 68 High St | 2BR,1BA | $2.48 |
| 47 W Wyoming Ave, Unit 7 | 47 W Wyoming Ave | 2BR,1BA | $2.46 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
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
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 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 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
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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 243 Apartments for Rent in Wakefield, MA with pricing that ranges from $1,725 to $9,556. There are also 58 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 $7,121.
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
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.
A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
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.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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!