Cheap Apartments for Rent near Wakefield, RI from $600 (41 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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North Cove Landing
2 to 3 Bedroom Apartments

North Cove Landing

66 Intrepid RdNorth Kingstown, RI 02852
  • Utilities Included
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Coddington Point
2 to 3 Bedroom Apartments

Coddington Point

231 Maple AveNewport, RI 02840

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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9 Sherman Street
1 Bedroom Apartments

9 Sherman Street

10 1/2 Sherman StNewport, RI 02840

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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Showing Results 1-41, Page 1 of 1

Wakefield, RI Local Guide

Cheapest Available Wakefield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wakefield, RI is a 1 Bed unit found at Harborview Apartment Community in the Warwick West Warwick neighborhood priced from $1,150. Apartments at Remington Pond in the Warwick West Warwick neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,220. Here is today’s list of the most affordable Wakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harborview Apartment CommunityOne Bedroom1BR,1BA$1,150
Apartments at Remington PondStudioStudio,1BA$1,220
Bay View EstatesStudio -TowerStudio,1BA$1,300
Ade Bethune House1 Bed, 1 bath1BR,1BA$1,308
Gristmill Apartments1 Bedroom1BR,1BA$1,595
Bayside Village1 Bed, 1 bath1BR,1BA$1,606
Woodland Apartments1x1 Garden1BR,1BA$1,690
Masthead Apartments1 Bed, 1 bath1BR,1BA$1,695
Pilgrim ParkThe Shumard2BR,1BA$1,790
Harbor VillageThe Intrepid1BR,1BA$1,825

Best Value Apartments for Rent in Wakefield, RI and Nearby

As of August 05, 2026 the best value apartment in the Wakefield area is the $0.62 price per square foot 3 Bedroom Summer Model at The URI Townhouses in the in the Washington County neighborhood starting from $860. The second greatest value Wakefield apartment is the Two Bedroom Model at Reynolds Farm starting at $2,540 with a $2.20 price per square foot in the Washington County neighborhood. 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.
The URI Townhouses3 Bedroom Summer3BR,2.5BA$0.62
Reynolds FarmTwo Bedroom2BR,2BA$2.20
Saw Mill Square Apartments2 Bedroom2BR,2BA$2.45
Arctic Mill LoftsOne-Bedroom1BR,1BA$1.80
Harborview Apartment CommunityOne Bedroom1BR,1BA$1.15
Creek Side Landings2 Bedrooms, 1.5 Bathrooms - Bi-Level Style A2BR,1.5BA$2.43
Tower Hill LandingsTwo Bedroom Apartment - Maple2BR,1BA$2.57
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
Ade Bethune House1 Bed, 1 bath1BR,1BA$1.78
Pilgrim ParkThe Shumard2BR,1BA$2.62

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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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!

Explore Wakefield, RI Rentals by Map

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Frequently Asked Questions about Cheap Wakefield Apartments

What is the Cheapest Studio apartment in Wakefield?

Currently the most affordable Cheap Studio Apartment in Wakefield is at Apartments at Remington Pond listed at $1,220.

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

The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,150 at Harborview Apartment Community.

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 $1,570 at Ade Bethune House.

What is the most affordable Wakefield Three Bedroom Apartment?

The best deal on a cheap Wakefield Three Bedroom Apartment rental is at Bayside Village and starts from $2,249.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.