Cheap Apartments for Rent in Wakefield, MI from $500 (10 Rentals)

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

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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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.

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Showing Results 1-10, Page 1 of 1

Wakefield, MI Local Guide

Cheapest Available Wakefield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wakefield, MI is a 2 Beds unit found at Anthony Street Apartments priced from $675. Gazette Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Wakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anthony Street Apartments12BR,1BA$675
Gazette Apartments1 Bed Unit1BR,1BA$750
One Penny Place Senior ApartmentsOne Bedroom One Bathroom1BR,1BA$760

Best Value Apartments for Rent in Wakefield, MI and Nearby

As of June 02, 2025 the best value apartment in the Wakefield area is the $0.76 price per square foot Two Bedroom / One Bath Apartment Model at Lindoo School Apartments in the starting from $925. The second greatest value Wakefield apartment is the 491 Flambeau Ave Model at 491 Flambeau Ave, Unit 491 starting at $1,349 with a $1.12 price per square foot . Here is today’s list of the best values for Wakefield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lindoo School ApartmentsTwo Bedroom / One Bath Apartment2BR,1BA$0.76
491 Flambeau Ave, Unit 491491 Flambeau Ave2BR,1BA$1.12
High Gate ApartmentsEfficiency2BR,1BA$1.09
Eagle Trails Estates2 Bedroom 2 Bathroom - Split2BR,2BA$1.26
HIDDEN VALLEY ESTATES2 Bed 2 Bath Lower2BR,2BA$1.19
One Penny Place Senior ApartmentsOne Bedroom One Bathroom1BR,1BA$0.92
Anthony Street Apartments12BR,1BA$0.87
126 N Lake Ave, Unit 126 North Lake Avenue126 N Lake Ave1BR,1.5BA$2.00
300 Ashland St, Unit 4300 Ashland St1BR,1BA$1.67
417 Shelden Ave, Unit #D417 Shelden Ave1BR,1BA$1.98

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wakefield, MI Rentals by Map

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See the most popular apartments and homes in Wakefield, MI

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Getting Around Wakefield, MI

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wakefield Apartments

How much is rent for a Cheap One Bedroom Wakefield Apartment?

The lowest price for a Cheap One Bedroom Wakefield Apartment is $750 at Gazette Apartments.

What is the lowest price for a Cheap Two Bedroom Wakefield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wakefield is starting from $675 at Anthony Street Apartments.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.