Cheap Apartments for Rent in Wakefield, MI from $300 (31 Rentals)

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

property at 402 Fritz Ave E

$625 - $825

1 To 2 Bedroom Rentals

Available Now

402 Fritz Ave E

LadysmithWI54848

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Copper Lantern
1 to 3 Bedroom Apartments

Copper Lantern

302 S Sophie StBessemer, MI 49911
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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102 E Gogebic St
1 Bedroom Apartments

102 E Gogebic St

102 E Gogebic StIronwood, MI 49938
  • Utilities Included
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612 E McLeod Ave
1 Bedroom Apartments

612 E McLeod Ave

612 E McLeod AveIronwood, MI 49938
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Edgewood Manor
2 Bedroom Apartments

Edgewood Manor

9425 County JMinocqua, WI 54548
  • Utilities Included

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.

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100 S Marquette St
1 to 2 Bedroom Apartments

100 S Marquette St

100 S Marquette StIronwood, MI 49938
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307 Vivian St
2 Bedroom Apartments

307 Vivian St

307 Vivian StHoughton, MI 49931
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1110 College Ave
2 Bedroom Apartments

1110 College Ave

1110 College AveHoughton, MI 49931
Showing Results 1-31, 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 1 Bed unit found at Greenwood Apartments priced from $200. 305-315 S Eyder Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $200. Here is today’s list of the most affordable Wakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenwood Apartments1 bed1BR,1BA$200
305-315 S Eyder Ave#142BR,1BA$200
Price County Housing1 BR1BR,1BA$734
Flambeau Village ApartmentsTwo Bedroom2BR,2BA$840
Gazette ApartmentsLarge 1 Bed loft1BR,1BA$850
T Bird Country ApartmentsStudio1BR,1BA$900
Forest EdgeThree Bedroom3BR,2BA$1,112
Woods Hollow3x1.5TH3BR,1BA$1,150
Morgan Oaks Townhomes98942BR,1BA$1,180
100 S Marquette St37 Loft2BR,1BA$1,200

Best Value Apartments for Rent in Wakefield, MI and Nearby

As of June 20, 2026 the best value apartment in the Wakefield area is the $0.75 price per square foot 37 Loft Model at 100 S Marquette St in the starting from $1,200. The second greatest value Wakefield apartment is the Three Bedroom Model at Forest Edge starting at $1,112 with a $0.77 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.
100 S Marquette St37 Loft2BR,1.5BA$0.75
Forest EdgeThree Bedroom3BR,2BA$0.77
Woods Hollow3x1.5TH3BR,1.5BA$0.85
Flambeau Village ApartmentsTwo Bedroom2BR,2BA$0.73
DRISCOLL ROAD ESTATES2 Bedroom 2 Bath Split2BR,2BA$1.20
Eagle Trails Estates2 Bedroom 2 Bathroom - Lower2BR,2BA$1.40
Morgan Oaks Townhomes98942BR,1BA$1.48
305-315 S Eyder Ave#142BR,1BA$0.25
Greenwood Apartments1 bed1BR,1BA$0.33
Price County Housing1 BR1BR,1BA$1.41

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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.

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

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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 $200 at Greenwood 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 $200 at 305-315 S Eyder Ave.

What is the most affordable Wakefield Three Bedroom Apartment?

The best deal on a cheap Wakefield Three Bedroom Apartment rental is at Forest Edge and starts from $1,112.

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.

Articles, How-To's, and Tips

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.