Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.

580 Salem St

580 Salem St
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.

34 Richardson St, Unit #2

Wakefield one, two, and three bedrooms
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

11 Columbia Rd, Unit 2

Grayson Lofts

Colonial Point Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

52 Walnut St, Unit #B
Montrose, Wakefield, MA Local Guide

How much does it cost to rent an apartment in Montrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montrose Studio Apartments | $3,797 | $2,178 | $5,695 |
Montrose 1 Bedroom Apartments | $3,316 | $1,650 | $9,295 |
Montrose 2 Bedroom Apartments | $4,642 | $2,100 | $10,000+ |
Montrose 3 Bedroom Apartments | $4,016 | $2,700 | $5,950 |
Montrose 4 Bedroom Apartments | $5,875 | $4,500 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 21 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
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wakefield one, two, and three bedrooms | One bedroom | 1BR,1BA | $2,100 |
27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Montrose, MA
As of July 15, 2025 the best value apartment in the Montrose area is the $2.23 price per square foot 24 Church St Model at 24 Church St, Unit 2 in the in the Greenwood neighborhood starting from $7,250. The second greatest value Montrose apartment is the 34 Hall Rd Model at 34 Hall Rd, Unit 2 starting at $4,500 with a $1.96 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. |
---|---|---|---|
24 Church St, Unit 2 | 24 Church St | 4BR,3.5BA | $2.23 |
34 Hall Rd, Unit 2 | 34 Hall Rd | 4BR,2.5BA | $1.96 |
5 Charles St, Unit 2 | 5 Charles St | 3BR,2BA | $2.02 |
33 Salem St, Unit #1 | 33 Salem St | 3BR,1BA | $2.14 |
28 Salem St, Unit #1 | 28 Salem St | 3BR,1BA | $2.14 |
271 Albion St, Unit #11 | 271 Albion St | 2BR,1BA | $2.44 |
269 Albion St, Unit #11 | 269 Albion St | 2BR,1BA | $2.44 |
286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
287 Albion St, Unit #1 | 287 Albion St | 1BR,1BA | $2.46 |
19 Chestnut St, Unit 2 | 19 Chestnut St | 1BR,1BA | $2.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMontrose, Wakefield, MA
Ranked #3
Among neighborhoods in Wakefield, MA 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 the price of a cheap apartment in Montrose?
The cheapest apartment in Montrose is Wakefield one, two, and three bedrooms which is listed at $2,100, while the average apartment in Montrose costs $5,875.
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 7 regular apartments in Montrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.