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Cheap Apartments for Rent in the Downtown Wakefield Neighborhood of Wakefield, MA from $1,000 (14 Rentals)
Cheap Apartments in the Downtown Wakefield area of Wakefield.
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from $2,1002 Bedroom Apartment Available Now
34 Richardson St, Unit #2
34 Richardson StWakefield, MA 01880
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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from $2,1001 Bedroom Apartments Available Now
Wakefield one, two, and three bedrooms
11 Bartley StWakefield, MA 01880
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from $2,197Studio to 2 Bedroom Apartments Available Now
Grayson Lofts
168 Albion StWakefield, MA 01880
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from $2,2001 to 2 Bedroom Apartments Available Now
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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15 W Water St
WakefieldMA01880
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
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Showing Results 1-14, 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 | $2,595 | $1,765 | $5,426 |
| Downtown Wakefield 1 Bedroom Apartments | $3,251 | $1,965 | $10,000+ |
| Downtown Wakefield 2 Bedroom Apartments | $3,895 | $2,100 | $10,000+ |
| Downtown Wakefield 3 Bedroom Apartments | $4,731 | $3,300 | $5,294 |
Browse Apartments in this Neighborhood
There are currently 14 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
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Cheapest Available Downtown Wakefield Apartments for Rent
The cheapest available apartment rental in the Downtown Wakefield area of Boston, MA is a 1 Bed unit found at Wakefield one, two, and three bedrooms priced from $2,100. Colonial Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,200. Here are the most affordable Downtown Wakefield apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,100 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2,200 |
| Hanover Stoneham | A | Studio,1BA | $2,445 |
| Nexxus Apartments | The Peabody | 1BR,1BA | $2,575 |
| Grayson Lofts | A7 | 1BR,1BA | $2,648 |
Best Value Apartments for Rent in Downtown Wakefield, MA
As of May 09, 2025 the best value apartment in the Downtown Wakefield area is the $2.55 price per square foot 315 Albion St Model at 315 Albion St, Unit #1 in the in the Greenwood neighborhood starting from $2,800. The second greatest value Downtown Wakefield apartment is the Unit 2015 2BR/2BA Model at Ace Flats starting at $3,330 with a $3.42 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. |
|---|---|---|---|
| 315 Albion St, Unit #1 | 315 Albion St | 2BR,1BA | $2.55 |
| Ace Flats | Unit 2015 2BR/2BA | 2BR,2BA | $3.42 |
| 269 Albion St, Unit #11 | 269 Albion St | 2BR,1BA | $2.44 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| Grayson Lofts | A7 | 1BR,1BA | $3.29 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
| Nexxus Apartments | The Peabody | 1BR,1.5BA | $3.36 |
| The Met at Reading Station | The Alton | 1BR,1BA | $3.42 |
| 34 Salem St, Unit #2 | 34 Salem St | 1BR,1BA | $2.94 |
| 92 Water St, Unit #1 | 92 Water St | 1BR,1BA | $3.33 |
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Pet Friendly LifestyleDowntown Wakefield, Wakefield, MA
Ranked #2
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 $2,648.
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 $2,100, while the average apartment in Downtown Wakefield costs $4,674.
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 4 regular apartments in Downtown Wakefield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Wakefield?
Cheap apartments in Downtown Wakefield have an average cost of $119 which is $4,555 cheaper than the average rent for all rentals in Downtown Wakefield.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.