close
View Me
Cheap Apartments for Rent in the Downtown Wakefield Neighborhood of Wakefield, MA from $1,000 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wakefield area of Wakefield.
close
View Me
from $2,0251 Bedroom Apartments Available Now
Wakefield one, two, and three bedrooms
11 Bartley StWakefield, MA 01880
close
View Me
close
View Me
close
View Me
from $2,197Studio to 2 Bedroom Apartments Available Now
Grayson Lofts
168 Albion StWakefield, MA 01880
close
View Me
from $2,2001 to 2 Bedroom Apartments Available Now
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
close
View Me
close
View Me
close
View Me
close
View Me
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
3 Richardson St
WakefieldMA01880
close
View Me
from $1,795Studio to 2 Bedroom Apartments Available Now
Leisure Lane Apartments
100 Leisure LnStoneham, MA 02180
Showing Results 1-12, Page 1 of 1
Downtown Wakefield, Wakefield, MA Local Guide
Lake Quannapowitt by Herzogbr is licensed under Internal
How much does it cost to rent an apartment in Downtown Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wakefield Studio Apartments | $2,902 | $1,795 | $7,461 |
| Downtown Wakefield 1 Bedroom Apartments | $3,301 | $1,905 | $10,000+ |
| Downtown Wakefield 2 Bedroom Apartments | $4,339 | $2,195 | $10,000+ |
| Downtown Wakefield 3 Bedroom Apartments | $4,510 | $3,800 | $5,271 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Downtown Wakefield Neighborhood of Wakefield, MA.
See all Apartments in WakefieldExplore Wakefield
Downtown Wakefield, Wakefield, MA Local Guide
- Nearby Wakefield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Wakefield Apartments for Rent
The cheapest available apartment rental in the Downtown Wakefield area of Boston, MA is a Studio unit found at Leisure Lane Apartments priced from $1,795. Wakefield one, two, and three bedrooms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,025. Here are the most affordable Downtown Wakefield apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Leisure Lane Apartments | studio | Studio,1BA | $1,795 |
| Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,025 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2,200 |
| Melrose Terrace | One Bed | 1BR,1BA | $2,250 |
| Hanover Stoneham | A | Studio,1BA | $2,405 |
Best Value Apartments for Rent in Downtown Wakefield, MA
As of March 31, 2025 the best value apartment in the Downtown Wakefield area is the $3.32 price per square foot B7 Model at Grayson Lofts in the in the Greenwood neighborhood starting from $3,833. The second greatest value Downtown Wakefield apartment is the The Overland Model at The Met at Reading Station starting at $3,300 with a $3.03 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Downtown Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grayson Lofts | B7 | 2BR,2BA | $3.32 |
| The Met at Reading Station | The Overland | 2BR,2BA | $3.03 |
| Nexxus Apartments | The Middlesex | 2BR,2BA | $2.91 |
| 269 Albion St, Unit #11 | 269 Albion St | 2BR,1BA | $2.44 |
| 286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
| 287 Albion St, Unit #2 | 287 Albion St | 1BR,1BA | $2.46 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $3.17 |
| Melrose Terrace | One Bed | 1BR,1BA | $3.03 |
| Wakefield one, two, and three bedrooms | One bedroom | 1BR,1BA | $3.44 |
Quick 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 Downtown Wakefield area?
If you’re an expert on all things Downtown Wakefield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Wakefield, Wakefield, MA
Ranked #1
Among neighborhoods in Wakefield, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Wakefield Apartments
What is a cheap apartment in Downtown Wakefield?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Wakefield is under $2,495.
What is the price of a cheap apartment in Downtown Wakefield?
The cheapest apartment in Downtown Wakefield is Wakefield one, two, and three bedrooms which is listed at $2,025, while the average apartment in Downtown Wakefield costs $4,437.
What types of apartments are the cheapest in Downtown Wakefield?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Downtown Wakefield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.