68 Valley St
WakefieldMA01880
Cheap Homes for Rent in Wakefield, MA from $1,700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.
191 W Wyoming Ave, Unit uni#10
191 W Wyoming Ave
MelroseMA02176
72 Linden St
ReadingMA01867
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239 Main St
ReadingMA01867
4 Nixon Ln, Unit 1W
4 Nixon Ln
StonehamMA02180
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
60 Franklin St
StonehamMA02180
71 Montvale Ave
StonehamMA02180
23 Nelson Ave
ReadingMA01867
11 Columbia Rd
WakefieldMA01880
189 W Wyoming Ave, Unit uni#22
189 W Wyoming Ave
MelroseMA02176
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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175 W Wyoming Ave, Unit uni#39 2-bed 1-bath
175 W Wyoming Ave
MelroseMA02176
51 Melrose 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 Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakefield 2 Bedroom Homes for Rent | $3,267 | $2,300 | $5,800 |
| Wakefield 3 Bedroom Homes for Rent | $4,035 | $3,150 | $5,000 |
| Wakefield 4 Bedroom Homes for Rent | $6,750 | $6,750 | $6,750 |
| Wakefield 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
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 Studio unit found at Leisure Lane Apartments in the West Side neighborhood priced from $1,750. 119 West Wyoming in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,925. 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 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $1,925 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| 30 Pomeworth Street | 1BR/1.0BA | 1BR,1BA | $1,975 |
Best Value Apartments for Rent in Wakefield, MA
As of June 05, 2025 the best value apartment in the Wakefield area is the $0.18 price per square foot 119 Myrtle St Model at 119 Myrtle St, Unit #1 in the in the Hammersmith Village neighborhood starting from $1,750. The second greatest value Wakefield apartment is the 505 Main St Model at 505 Main St, Unit 1 starting at $2,875 with a $0.96 price per square foot in the Wyoming 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. |
|---|---|---|---|
| 119 Myrtle St, Unit #1 | 119 Myrtle St | 1BR,1BA | $0.18 |
| 505 Main St, Unit 1 | 505 Main St | 3BR,1BA | $0.96 |
| 37 Sylvan Ave | 37 Sylvan Ave | 4BR,2BA | $1.82 |
| 39-41 Crescent St, Unit #1 | 39-41 Crescent St | 2BR,2.5BA | $1.75 |
| 1 Greenleaf Pl | 1 Greenleaf Pl | 2BR,1.5BA | $1.54 |
| 28 Salem St, Unit #1 | 28 Salem St | 3BR,1BA | $2.14 |
| 33 Salem St, Unit #1 | 33 Salem St | 3BR,1BA | $2.14 |
| 110 W Wyoming Ave, Unit #2 | 110 W Wyoming Ave | 2BR,1BA | $2.19 |
| 23 Rendall Pl, Unit #23 | 23 Rendall Pl | 2BR,1BA | $2.09 |
| 55 Lynde Ave, Unit #2 | 55 Lynde Ave | 2BR,1BA | $2.15 |
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Frequently Asked Questions about Wakefield
What type of rentals are currently available in Wakefield?
There are currently 278 Apartments for Rent in Wakefield, MA with pricing that ranges from $1,600 to $16,155. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,700 to $7,000.
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 $1,700 to $7,000 with an average monthly rent of $4,653.
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 $2,250 to $8,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,150 to $5,000. Four Bedroom Single-Family rentals are also available starting from $6,750 and Four Bedroom Apartments start at $4,200.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.