901 Stonington Rd
StoningtonCT06378
Cheap Homes for Rent in Wakefield, RI from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.
61 Ridgewood Rd
CharlestownRI02813
19 Castlerock Dr
CharlestownRI02813
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.
630 Green Hill Beach Rd
South KingstownRI02879
20 St James Rd
NarragansettRI02882
67 Twin Peninsula Ave
South KingstownRI02879
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.
Showing Results 1-6, Page 1 of 1
Wakefield, RI Local Guide
Wakefield Historic District by JacobKlinger is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakefield 2 Bedroom Homes for Rent | $3,185 | $1,400 | $8,500 |
| Wakefield 3 Bedroom Homes for Rent | $3,076 | $1,800 | $6,000 |
| Wakefield 4 Bedroom Homes for Rent | $4,750 | $3,600 | $6,000 |
| Wakefield 5 Bedroom Homes for Rent | $3,475 | $3,475 | $3,475 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Wakefield
Explore Wakefield
Wakefield, RI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Ade Bethune House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,308. Here is today’s list of the most affordable Wakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harborview Apartment Community | One Bedroom | 1BR,1BA | $1,150 |
| Ade Bethune House | 1 Bed, 1 bath | 1BR,1BA | $1,308 |
| Sandy Lane Apartments | Waitlist | 1BR,1BA | $1,580 |
Best Value Apartments for Rent in Wakefield, RI and Nearby
As of May 28, 2026 the best value apartment in the Wakefield area is the $2.03 price per square foot Four Bedroom Apartment Model at Newport Landings Apartment Community in the in the Middletown neighborhood starting from $3,195. The second greatest value Wakefield apartment is the 3 Bedroom Summer Model at The URI Townhouses starting at $860 with a $0.62 price per square foot . Here is today’s list of the best values for Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Newport Landings Apartment Community | Four Bedroom Apartment | 4BR,2BA | $2.03 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| Reynolds Farm | Two Bedroom | 2BR,2BA | $2.12 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.80 |
| Harborview Apartment Community | One Bedroom | 1BR,1BA | $1.15 |
| GrandeVille at Greenwich | Augusta (A1.2) | 1BR,1BA | $2.50 |
| Masthead Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.97 |
| Pilgrim Park | The Scarlet | 2BR,1BA | $2.33 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Ade Bethune House | 1 Bed, 1 bath | 1BR,1BA | $1.78 |
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.
Read Article
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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Wakefield area?
If you’re an expert on all things Wakefield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wakefield, RI Rentals by Map
See the most popular apartments and homes in Wakefield, RI
Frequently Asked Questions about Wakefield
What type of rentals are currently available in Wakefield?
There are currently 64 Apartments for Rent in Wakefield, RI with pricing that ranges from $1,128 to $4,685. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,400 to $8,500.
What is the current price range for Rental Homes in Wakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wakefield ranges from $1,400 to $8,500 with an average monthly rent of $3,297.
How much are larger Three and Four Bedroom Rentals in Wakefield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wakefield range from $1,743 to $4,685, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $2,245.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.