
Cheap Homes for Rent in Wakefield, RI from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.


120 Liberty St

237 Ives Rd

65 Beach Pond Rd

7 Stillman Ave

20 Prentice Williams Rd

252 N Water St

18 Chapel St

66 Girard Ave

50 Perkins Farm Dr
Wakefield, RI Local Guide

How much does it cost to rent a home in Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakefield 2 Bedroom Homes for Rent | $2,972 | $1,800 | $5,000 |
| Wakefield 3 Bedroom Homes for Rent | $3,660 | $2,600 | $7,500 |
| Wakefield 4 Bedroom Homes for Rent | $5,200 | $2,000 | $10,000+ |
| Wakefield 5 Bedroom Homes for Rent | $6,500 | $5,500 | $7,500 |
| Wakefield 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Wakefield
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Wakefield, RI Local Guide
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Cheapest Available Wakefield Apartments for Rent and Nearby
 The cheapest available apartment rental in Wakefield, RI is a 1 Bed unit found at Gristmill Apartments in the Warwick West Warwick neighborhood priced from $1,595. Bayside Village in the Middletown 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gristmill Apartments | 1 Bedroom | 1BR,1BA | $1,595 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
| Royal Crest Warwick | Exeter | Studio,1BA | $1,660 |
Best Value Apartments for Rent in Wakefield, RI and Nearby
As of October 27, 2025 the best value apartment in the Wakefield area is the $0.97 price per square foot 3 Bed 2 Bath Model at Harris Mill Lofts in the in the Warwick West Warwick neighborhood starting from $2,780. 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. |
|---|---|---|---|
| Harris Mill Lofts | 3 Bed 2 Bath | 3BR,2BA | $0.97 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| Fort Adams at NAVSTA Newport Family Homes | 3 Bed Townhouse Utilities Included | 3BR,2.5BA | $2.25 |
| GrandeVille at Greenwich | Charleston (C1.2) | 2BR,2BA | $2.20 |
| Lofts at Anthony Mill | 2 Bed 1.5 Bath | 2BR,1.5BA | $2.34 |
| Gristmill Apartments | 3 Bedroom | 3BR,1BA | $1.91 |
| Saw Mill Square Apartments | 2 Bedroom | 2BR,2BA | $2.32 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.75 |
| Bay View Estates | 2 BR - Terrace | 2BR,1BA | $2.35 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
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Frequently Asked Questions about Wakefield
What type of rentals are currently available in Wakefield?
There are currently 61 Apartments for Rent in Wakefield, RI with pricing that ranges from $1,107 to $3,980. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,400 to $15,000.
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 $15,000 with an average monthly rent of $3,608.
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 $1,890 to $3,705, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,245.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.