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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
Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.
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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
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$2,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Nov 1Total Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
34 Armory St, Unit BUNGALOW
34 Armory StWakefield, MA 01880
111 Albion St
WakefieldMA01880
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$2,250 - $5,859
Plus Fees
Studio to 2 Bedroom Apartments Available Jun 30Grayson Lofts
168 Albion StWakefield, MA 01880
26 A Lake St
WakefieldMA01880
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.
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$2,347 - $13,552
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,347 - $13,552
Total Monthly Price
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Everly
14 Audubon RdWakefield, MA 01880
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$2,395
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jul 1Total Monthly Price
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$2,395
Total Monthly Price
$2,395
63 Cedar St, Unit Wakefield
63 Cedar StWakefield, MA 01880
34 Salem St
WakefieldMA01880
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$2,512 - $6,642
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,445 - $6,575
Required Monthly Fees
$67
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$2,512 - $6,642
The Basin
200-400 Quannapowitt PkyWakefield, MA 01880
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$2,700
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
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$2,700
Total Monthly Price
$2,700
21 Wakefield Ave, Unit Luxury Loft
21 Wakefield AveWakefield, MA 01880
7 Perham 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.
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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
Rockledge Apartments
11 Bartley StWakefield, MA 01880
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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
Residence at 581 Salem St
581 Salem StWakefield, MA 01880
Cash 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.
248 Albion St
WakefieldMA01880
184 Chestnut St
LynnMA01902
16 Indian Rock Dr, Unit 1
16 Indian Rock Dr
SaugusMA01906
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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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$2,943 - $16,759
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMarketStreet Apartments
150 King Rail DrLynnfield, MA 01940
16 Indian Rock Dr
SaugusMA01906
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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1 to 2 Bedroom Apartments
The Arthur - Lynnfield
160 Moulton DrLynnfield, MA 01940
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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 | $2,719 | $2,250 | $5,891 |
| Montrose 1 Bedroom Apartments | $3,015 | $2,100 | $8,356 |
| Montrose 2 Bedroom Apartments | $4,224 | $2,200 | $10,000+ |
| Montrose 3 Bedroom Apartments | $4,614 | $1,950 | $5,237 |
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 25 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 Rockledge Apartments priced from $2,000. 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 |
|---|---|---|---|
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2,200 |
| Everly | Studio (632 SF) | Studio,1BA | $2,347 |
| The Basin | A1 | 1BR,1BA | $2,512 |
Best Value Apartments for Rent in Montrose, MA
As of June 12, 2026 the best value apartment in the Montrose area is the $3.97 price per square foot Wilkes Model at MarketStreet Apartments in the in the West Peabody neighborhood starting from $4,770. The second greatest value Montrose apartment is the TOP FLOOR 2BED 2BATH Model at Michaels Landing starting at $3,000 with a $2.50 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. |
|---|---|---|---|
| MarketStreet Apartments | Wilkes | 2BR,2BA | $3.97 |
| Michaels Landing | TOP FLOOR 2BED 2BATH | 2BR,2BA | $2.50 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| The Residence at 581 Salem St | 1BR/1.0BA | 1BR,1BA | $3.56 |
| Everly | Studio (632 SF) | Studio ,1BA | $3.71 |
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $3.28 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $3.50 |
| The Basin | S3 | Studio ,1BA | $4.51 |
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.
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Real 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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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 the Cheapest Studio apartment in Montrose?
Currently the most affordable Cheap Studio Apartment in Montrose is at Everly listed at $2,347.
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $2,000 at Rockledge Apartments.
What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $2,475 at 27-37 Water St.
What is the most affordable Montrose Three Bedroom Apartment?
The best deal on a cheap Montrose Three Bedroom Apartment rental is at The Basin and starts from $4,692.
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
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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.
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.