
Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.


27-37 Water St

Total Monthly Price
34 Richardson St, Unit #2

184 Broadway St

Grayson Lofts
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Total Monthly Price
Colonial Point Apartments

580 Salem St

Total Monthly Price
298 Main St, Unit Unit 11

Wakefield one, two, and three bedrooms with heating included

10 Roosevelt Rd
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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 | $2,691 | $2,295 | $4,065 |
| Montrose 1 Bedroom Apartments | $3,046 | $2,100 | $5,859 |
| Montrose 2 Bedroom Apartments | $3,817 | $2,050 | $9,553 |
| Montrose 3 Bedroom Apartments | $4,254 | $3,400 | $5,109 |
Browse Apartments in this Neighborhood
There are currently 12 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 |
| Grayson Lofts | S1/S1a | Studio,1BA | $2,380 |
| The Basin | S1-G2 | Studio,1BA | $2,579 |
Best Value Apartments for Rent in Montrose, MA
As of December 31, 2025 the best value apartment in the Montrose area is the $2.48 price per square foot Two Bedroom Two Bath (1,137 SF) Model at Everly in the in the West Peabody neighborhood starting from $2,818. The second greatest value Montrose apartment is the 39 Gould St Model at 39 Gould St, Unit 39 Gould St. starting at $2,650 with a $2.52 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. |
|---|---|---|---|
| Everly | Two Bedroom Two Bath (1,137 SF) | 2BR,2BA | $2.48 |
| 39 Gould St, Unit 39 Gould St. | 39 Gould St | 2BR,1BA | $2.52 |
| 20 Pleasant St, Unit 2nd floor | 20 Pleasant St | 2BR,1BA | $2.90 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| The Residence at 581 Salem St | 1BR/1.0BA | 1BR,1BA | $3.56 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
| 298 Main St, Unit Unit 11 | 298 Main St | 2BR,1BA | $3.00 |
| 246 Salem St, Unit 4 | 246 Salem St | 2BR,1BA | $3.31 |
| Wakefield one, two, and three bedrooms with heating included | 1BR/1.0BA | 1BR,1BA | $3.24 |
| 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 #2
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 the Cheapest Studio apartment in Montrose?
Currently the most affordable Cheap Studio Apartment in Montrose is at Grayson Lofts listed at $2,380.
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $1,975 at Wakefield one, two, and three bedrooms with heating included.
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.
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: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

