Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (19 Rentals)

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

property at 68 Valley St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

68 Valley St

WakefieldMA01880
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 14 W Water St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available May 1

14 W Water St, Unit #3

14 W Water St
WakefieldMA01880
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74 Vernon St, Unit Unit 1
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
1 Bedroom Apartment Available Now

74 Vernon St, Unit Unit 1

74 Vernon StWakefield, MA 01880
Cost Per Sq.Ft.
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property at 8 Wakefield Ave

$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 Now

8 Wakefield Ave

WakefieldMA01880
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Colonial Point Apartments
Rent Specials
$2,200 - $2,950
Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $2,950

Total Monthly Price
$2,200 - $2,950
1 to 2 Bedroom Apartments Available Now

Colonial Point Apartments

95 Audubon RdWakefield, MA 01880
Pet Friendly
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  • Customer Reviewed
  • Utilities Included
property at 34 Chestnut St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

34 Chestnut St

WakefieldMA01880

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property at 52 Vernon St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

52 Vernon St

WakefieldMA01880
property at 1 Salem St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 To 2 Bedroom Rentals

Available Now

1 Salem St

WakefieldMA01880
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Everly
$2,485 - $6,758
Total Monthly Price

Total Monthly Price

Base Rent
$2,485 - $6,758

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Everly

14 Audubon RdWakefield, MA 01880
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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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

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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. Grayson Lofts has the second lowest priced unit, which is a Studio 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
Grayson LoftsS1/S1aStudio,1BA$2,180
Colonial Point Apartments1 Bedroom1BR,1BA$2,200
Wakefield one, two, and three bedrooms with heating includedTwo Bedroom2BR,1BA$2,400
The BasinS1Studio,1BA$2,470

Best Value Apartments for Rent in Montrose, MA

As of March 13, 2026 the best value apartment in the Montrose area is the $1.97 price per square foot 39 Melvin St Model at 39 Melvin St, Unit 1 in the in the Greenwood neighborhood starting from $2,950. The second greatest value Montrose apartment is the 554 Main St Model at 554 Main St, Unit 2 starting at $3,600 with a $2.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
39 Melvin St, Unit 139 Melvin St3BR,2BA$1.97
554 Main St, Unit 2554 Main St4BR,1BA$2.77
74 Vernon St, Unit Unit 174 Vernon St1BR,1BA$2.33
Colonial Point Apartments1 Bedroom1BR,1BA$2.55
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63
Wakefield one, two, and three bedrooms with heating includedTwo Bedroom2BR,1BA$3.04
EverlyOne Bedroom One Bath (789 SF)1BR,1BA$3.15
Grayson LoftsS1/S1aStudio ,1BA$3.38
124 Salem St, Unit D124 Salem St1BR,1BA$3.27
27-37 Water St1 Bedroom1BR,1BA$3.50

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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 $2,850.

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 $5,525.

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 $135 which is $5,390 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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