Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.

property at 124 Salem St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

124 Salem St

WakefieldMA01880
property at 40 Central St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

40 Central St

WakefieldMA01880

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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The Basin
Rent Specials
$2,368 - $5,927
Total Monthly Price

Total Monthly Price

Base Rent
$2,301 - $5,860
Required Monthly Fees
$67

Total Monthly Price
$2,368 - $5,927
Studio to 3 Bedroom Apartments Available Now

The Basin

200-400 Quannapowitt PkyWakefield, MA 01880
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  • Customer Reviewed
  • Utilities Included
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Everly
$2,381 - $12,612
Total Monthly Price

Total Monthly Price

Base Rent
$2,381 - $12,612

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Everly

14 Audubon RdWakefield, MA 01880
Furnished
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  • Customer Reviewed
  • Utilities Included
property at 11 Columbia Rd

$2,425

1 Bedroom, 1 Bath Rentals

Available Now

3

11 Columbia Rd
WakefieldMA01880
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39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 298 Main St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

298 Main St

WakefieldMA01880
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301 North Ave
1 Bedroom Apartments

301 North Ave

301 North AveWakefield, MA 01880
property at 16 Indian Rock Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Home for Rent

Available Now

16 Indian Rock Dr

SaugusMA01906
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The Arthur - Lynnfield
1 to 2 Bedroom Apartments

The Arthur - Lynnfield

160 Moulton DrLynnfield, MA 01940
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Montrose, Wakefield, MA Local Guide

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 27-37 Water St priced from $2,100. Rockledge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,180. Here are the most affordable Montrose apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
27-37 Water St1 Bedroom1BR,1BA$2,100
Rockledge Apartments1BR/1.0BA1BR,1BA$2,180
Colonial Point Apartments1 Bedroom1BR,1BA$2,200
The BasinA71BR,1BA$2,368
EverlyStudio (632 SF)Studio,1BA$2,381

Best Value Apartments for Rent in Montrose, MA

As of July 27, 2026 the best value apartment in the Montrose area is the $2.58 price per square foot THIRD FLOOR 2BED 2BATH Model at Michaels Landing in the in the West Peabody neighborhood starting from $3,100. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Michaels LandingTHIRD FLOOR 2BED 2BATH2BR,2BA$2.58
Colonial Point Apartments1 Bedroom1BR,1BA$2.55
MarketStreet ApartmentsBryant1BR,1BA$3.67
Grayson LoftsA3/A3a1BR,1BA$3.57
EverlyStudio (632 SF)Studio ,1BA$3.77
Rockledge Apartments1BR/1.0BA1BR,1BA$3.57
27-37 Water St1 Bedroom1BR,1BA$3.50
The BasinS3Studio ,1BA$4.42

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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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 $2,381.

How much is rent for a Cheap One Bedroom Montrose Apartment?

The lowest price for a Cheap One Bedroom Montrose Apartment is $2,100 at 27-37 Water St.

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 $4,137.

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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