Cheap Apartments for Rent near Wakefield, RI from $1,107 (42 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
property at 389 Wyassup Rd
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

389 Wyassup Rd

North StoningtonCT06359
property at 710 Norwich-Westerly Rd
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
1 Bedroom, 1 Bath Home for Rent
Available Now

710 Norwich-Westerly Rd

North StoningtonCT06359
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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
property at 17 Wolcott Ave
$1,700

Total Monthly Price

Base Rent$1,700
Total Monthly Price$1,700
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

17 Wolcott Ave

StoningtonCT06378

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 1-42, 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 Ade Bethune House priced from $1,569. Bayside Village in the Newport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,606. Here is today’s list of the most affordable Wakefield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ade Bethune House1 Bed, 1 bath1BR, 1BA$1,569
Bayside Village1 Bed, 1 bath1BR, 1BA$1,606
Royal Crest WarwickExeterStudio, 1BA$1,660
Gristmill Apartments1 Bedroom1BR, 1BA$1,695
Masthead Apartments1 Bed, 1 bath1BR, 1BA$1,695
Harbor VillageThe Intrepid1BR, 1BA$1,835
Arctic Mill LoftsOne-Bedroom1BR, 1BA$1,850
Cowesett HillsThe Cilantro1BR, 1BA$2,045
East Bay VillageThe Aquidneck1BR, 1BA$2,065
Newport Landings Apartment CommunityTwo Bedroom Apartment2BR, 1BA$2,300

Best Value Apartments for Rent in Wakefield, RI and Nearby

As of September 20, 2026 the best value apartment in the Wakefield area is the $1.28 price per square foot 3 Bedroom Academic Model at The URI Townhouses in the Washington County neighborhood starting from $1,770. The second greatest value Wakefield apartment is the Four Bedroom Apartments Model at Tower Hill Landings in the Washington County neighborhood starting at $3,200 with a $2.42 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.
The URI Townhouses3 Bedroom Academic3BR, 2.5BA$1.28
Tower Hill LandingsFour Bedroom Apartments4BR, 2BA$2.42
GrandeVille at GreenwichCharleston (C1.2)2BR, 2BA$2.30
Reynolds FarmTwo Bedroom2BR, 2BA$2.25
Saw Mill Square Apartments2 Bedroom2BR, 2BA$2.48
Villa Del RioSeville2BR, 1BA$2.25
Arctic Mill LoftsOne-Bedroom1BR, 1BA$1.80
Creek Side Landings2 Bedrooms, 1.5 Bathrooms - Bi-Level Style A2BR, 1.5BA$2.43
Bayside Village1 Bed, 1 bath1BR, 1BA$2.14
Ade Bethune House1 Bed, 1 bath1BR, 1BA$2.13

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Royal Crest Warwick listed at $1,660.

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

The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,569 at Ade Bethune House.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.