580 Salem St
WakefieldMA01880
Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.
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$2,100 - $2,600
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now27-37 Water St
27-37 Water StWakefield, MA 01880
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Rent Specials
$2,150 - $6,619
Plus Fees
Studio to 2 Bedroom Apartments Available Jun 30Grayson Lofts
168 Albion StWakefield, MA 01880
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$2,150
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,150
Total Monthly Price
$2,150
224 Albion St, Unit 1, Unit 1
224 Albion StWakefield, MA 01880
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$2,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Nov 1Total Monthly Price
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$2,200
Total Monthly Price
$2,200
34 Armory St, Unit BUNGALOW, Unit BUNGALOW
34 Armory StWakefield, MA 01880
19 Hart St
WakefieldMA01880
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Rent Specials
$2,200 - $2,950
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,200 - $2,950
Total Monthly Price
$2,200 - $2,950
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
41 Richardson Ave
WakefieldMA01880
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$2,407 - $7,632
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,407 - $7,632
Total Monthly Price
Varies
Everly
14 Audubon RdWakefield, MA 01880
6 Walnut St
WakefieldMA01880
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Rent Specials
$2,515 - $7,420
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,515 - $7,420
Total Monthly Price
$2,515 - $7,420
The Basin
200-400 Quannapowitt PkyWakefield, MA 01880
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Studio to 1 Bedroom Apartments
39-41 Richardson Ave
39-41 Richardson AveWakefield, MA 01880
276 Albion St
WakefieldMA01880
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1 to 3 Bedroom Apartments
Wakefield one, two, and three bedrooms with heating included
11 Bartley StWakefield, MA 01880
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.
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1 Bedroom Apartments
301 North Ave
301 North AveWakefield, MA 01880
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2 Bedroom Apartments
259 Water St
259 Water StWakefield, MA 01880
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1 to 2 Bedroom Apartments
The Residence at 581 Salem St
581 Salem StWakefield, MA 01880
1 Salem St
WakefieldMA01880
136 Oak St
WakefieldMA01880
16 Indian Rock Dr
SaugusMA01906
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$2,898 - $17,849
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMarketStreet Apartments
150 King Rail DrLynnfield, MA 01940
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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$2,900 - $3,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMichaels Landing
2 BroadwayLynnfield, MA 01940
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1 to 2 Bedroom Apartments
The Arthur - Lynnfield
160 Moulton DrLynnfield, MA 01940
Showing Results 1-23, Page 1 of 1
Montrose, Wakefield, MA Local Guide
Lake Quannapowitt by Herzogbr is licensed under Internal
How much does it cost to rent an apartment in Montrose?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Montrose Studio Apartments | $2,716 | $2,150 | $5,520 |
| Montrose 1 Bedroom Apartments | $3,192 | $2,000 | $5,859 |
| Montrose 2 Bedroom Apartments | $4,024 | $2,150 | $7,632 |
| Montrose 3 Bedroom Apartments | $5,572 | $5,275 | $5,820 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Montrose Neighborhood of Wakefield, MA.
See all Apartments in WakefieldExplore Wakefield
Montrose, Wakefield, MA Local Guide
- Nearby Wakefield neighborhoods
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Cheapest Available Montrose Apartments for Rent
The cheapest available apartment rental in the Montrose area of Boston, MA is a 1 Bed unit found at Wakefield one, two, and three bedrooms with heating included priced from $2,100. 27-37 Water St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Montrose apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wakefield one, two, and three bedrooms with heating included | One bedroom | 1BR,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2,200 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $2,407 |
| The Basin | S3 | Studio,1BA | $2,515 |
Best Value Apartments for Rent in Montrose, MA
As of April 28, 2026 the best value apartment in the Montrose area is the $2.42 price per square foot FIRST FLOOR 2BED 2BATH Model at Michaels Landing in the in the West Peabody neighborhood starting from $2,900. The second greatest value Montrose apartment is the 1 Bedroom Model at Colonial Point Apartments starting at $2,200 with a $2.55 price per square foot in the West Peabody neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Michaels Landing | FIRST FLOOR 2BED 2BATH | 2BR,2BA | $2.42 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| 224 Albion St, Unit 1 | 224 Albion St | 2BR,1BA | $2.69 |
| The Residence at 581 Salem St | 1BR/1.0BA | 1BR,1BA | $3.56 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $3.05 |
| MarketStreet Apartments | Bryant | 1BR,1BA | $3.78 |
| The Basin | A1aP | 1BR,1BA | $4.69 |
| Wakefield one, two, and three bedrooms with heating included | One bedroom | 1BR,1BA | $3.44 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $3.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Montrose, Wakefield, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Montrose Apartments
What is a cheap apartment in Montrose?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montrose is under $2,900.
What is the price of a cheap apartment in Montrose?
The cheapest apartment in Montrose is Wakefield one, two, and three bedrooms with heating included which is listed at $2,100, while the average apartment in Montrose costs $5,620.
What types of apartments are the cheapest in Montrose?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Montrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Montrose?
Cheap apartments in Montrose have an average cost of $143 which is $5,477 cheaper than the average rent for all rentals in Montrose.
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.
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