
Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.


10 Roosevelt Rd

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10 Roosevelt Rd

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246 Salem St, Unit 4

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34 Richardson St, Unit #2

27-37 Water St
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184 Broadway St

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286 Albion St, Unit #2

Grayson Lofts

Colonial Point Apartments

580 Salem St

52 Valley St
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10 Wakefield Ave, Unit 3R

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Everly

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298 Main St, Unit Unit 11

Wakefield one, two, and three bedrooms with heating included

Michaels Landing
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Montrose, Wakefield, MA Local Guide

How much does it cost to rent an apartment in Montrose?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Montrose Studio Apartments | $2,650 | $2,355 | $4,065 |
| Montrose 1 Bedroom Apartments | $2,925 | $1,800 | $5,859 |
| Montrose 2 Bedroom Apartments | $3,762 | $2,050 | $9,623 |
| Montrose 3 Bedroom Apartments | $3,400 | $3,400 | $3,400 |
| Montrose 4 Bedroom Apartments | $4,400 | $4,400 | $4,400 |
Browse Apartments in this Neighborhood
There are currently 18 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
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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 $1,975. 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 | 1BR/1.0BA | 1BR,1BA | $1,975 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2,200 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $2,311 |
| Michaels Landing | 1BED 1BATH (Available NOW) | 1BR,1BA | $2,350 |
Best Value Apartments for Rent in Montrose, MA
As of December 16, 2025 the best value apartment in the Montrose area is the $2.52 price per square foot 39 Gould St Model at 39 Gould St, Unit 39 Gould St. in the in the Greenwood neighborhood starting from $2,650. The second greatest value Montrose apartment is the 286 Albion St Model at 286 Albion St, Unit #2 starting at $2,150 with a $2.46 price per square foot in the Greenwood 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. |
|---|---|---|---|
| 39 Gould St, Unit 39 Gould St. | 39 Gould St | 2BR,1BA | $2.52 |
| 286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| Michaels Landing | 1BED 1BATH (Available NOW) | 1BR,1BA | $2.94 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
| 298 Main St, Unit 11 | 298 Main St | 2BR,1BA | $3.00 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $2.93 |
| 10 Wakefield Ave, Unit 3R | 10 Wakefield Ave | 2BR,1BA | $3.29 |
| 246 Salem St, Unit 4 | 246 Salem St | 2BR,1BA | $3.31 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $3.50 |
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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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.
Pet Friendly LifestyleMontrose, Wakefield, MA
Ranked #3
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,399.
What is the price of a cheap apartment in Montrose?
The cheapest apartment in Montrose is 27-37 Water St which is listed at $2,100, while the average apartment in Montrose costs $4,400.
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.
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

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Articles, How-To's, and Tips

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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.

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Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
