Cheap Apartments for Rent in Wakefield, MA from $1,000 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakefield.

Wakefield one, two, and three bedrooms

104 W Emerson St, Unit 6

104 W Emerson St

625 Main St
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Leisure Lane Apartments

127 Upham St

192 W Wyoming Ave, Unit #10

191 W Wyoming Ave

72 Linden St

22 Howard St

51 Walnut St
Wakefield, MA Local Guide

How much does it cost to rent an apartment in Wakefield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Wakefield Studio Apartments | $2,894 | $1,705 | $8,226 |
Cheap Wakefield 1 Bedroom Apartments | $3,046 | $1,850 | $10,000+ |
Cheap Wakefield 2 Bedroom Apartments | $3,636 | $1,600 | $10,000+ |
Cheap Wakefield 3 Bedroom Apartments | $4,411 | $2,600 | $10,000+ |
Browse Top Apartments in Wakefield
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Wakefield, MA Local Guide
- Wakefield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wakefield Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Leisure Lane Apartments | studio | Studio,1BA | $1,795 |
Best Value Apartments for Rent in Wakefield, MA
As of March 26, 2025 the best value apartment in the Wakefield area is the $0.24 price per square foot 181 Central St Model at 181 Central St, Unit #11 in the in the Nobility Hill neighborhood starting from $2,400. The second greatest value Wakefield apartment is the 43 Union St Model at 43 Union St, Unit #1 starting at $2,600 with a $2.25 price per square foot in the Hammersmith Village neighborhood. 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. |
---|---|---|---|
181 Central St, Unit #11 | 181 Central St | 2BR,1BA | $0.24 |
43 Union St, Unit #1 | 43 Union St | 3BR,1.5BA | $2.25 |
Michaels Landing | Affordable Waitlist (income restricted) | 2BR,2BA | $2.04 |
16 Willow St, Unit #301 | 16 Willow St | 2BR,2BA | $2.45 |
54 Lynde St, Unit #6 | 54 Lynde St | 2BR,1BA | $2.28 |
179 Green St, Unit #408 | 179 Green St | 2BR,2BA | $2.29 |
2 Fremont St, Unit 1 | 2 Fremont St | 2BR,1BA | $1.84 |
269 Albion St, Unit #11 | 269 Albion St | 2BR,1BA | $2.44 |
71 W Wyoming Ave, Unit #1 | 71 W Wyoming Ave | 1BR,1BA | $2.32 |
104 W Emerson St, Unit 6 | 104 W Emerson St | 2BR,1BA | $2.29 |
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Best Local Schools in Wakefield, MA
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Getting Around Wakefield, MA
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Leisure Lane Apartments listed at $1,705.
How much is rent for a Cheap One Bedroom Wakefield Apartment?
The lowest price for a Cheap One Bedroom Wakefield Apartment is $1,800 at Mill Street Gardens.
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 $2,195 at Leisure Lane Apartments.
What is the most affordable Wakefield Three Bedroom Apartment?
The best deal on a cheap Wakefield Three Bedroom Apartment rental is at The Residences at Stevens Pond and starts from $3,739.
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.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.