Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (17 Rentals)

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

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.

property at 580 Salem St

580 Salem St

WakefieldMA01880

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.

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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

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.

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 Wakefield one, two, and three bedrooms priced from $2,100. 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 ListingModel NameBed/BathPriced From
Wakefield one, two, and three bedrooms1BR/1.0BA1BR,1BA$2,100
27-37 Water St1 Bedroom1BR,1BA$2,100
Colonial Point ApartmentsModel 1A1BR,1BA$2,200

Best Value Apartments for Rent in Montrose, MA

As of June 19, 2025 the best value apartment in the Montrose area is the $2.55 price per square foot 315 Albion St Model at 315 Albion St, Unit #1 in the in the Greenwood neighborhood starting from $2,800. The second greatest value Montrose apartment is the 316 Albion St Model at 316 Albion St, Unit #1 starting at $2,800 with a $2.55 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.
315 Albion St, Unit #1315 Albion St2BR,1BA$2.55
316 Albion St, Unit #1316 Albion St2BR,1BA$2.55
404 Lowell St, Unit #3404 Lowell St2BR,2BA$2.78
15 W Water St, Unit 215 W Water St2BR,1BA$2.75
269 Albion St, Unit #11269 Albion St2BR,1BA$2.44
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
38 Byron St, Unit #238 Byron St1BR,1BA$2.99
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63
Michaels Landing1BED 1BATH (AUG-SEP 2025)1BR,1BA$3.13
34 Salem St, Unit #234 Salem St1BR,1BA$2.94

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Pet Friendly Lifestyle
Montrose, Wakefield, MA

Ranked #3

Among neighborhoods in Wakefield, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $4,205.

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.

How do the prices of cheap apartments compare to the average apartment in Montrose?

Cheap apartments in Montrose have an average cost of $146 which is $4,059 cheaper than the average rent for all rentals in Montrose.

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.

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