
Cheap Homes for Rent in Wakefield, MA from $1,600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.


104 E Emerson St

191 W Wyoming Ave, Unit uni#10

120 Tremont St

447 Pleasant St

43-51-51 Albion St

157 Franklin St

241 Main St

53 Melrose St

3 Richardson 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

189 W Wyoming Ave, Unit uni#22
Wakefield, MA 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 | $2,843 | $1,680 | $5,150 |
Wakefield 3 Bedroom Homes for Rent | $3,583 | $3,200 | $4,600 |
Wakefield 4 Bedroom Homes for Rent | $4,133 | $3,800 | $4,400 |
Wakefield 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Wakefield
Explore Wakefield
Wakefield, MA Local Guide
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Cheapest Available Wakefield Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Leisure Lane Apartments | studio | Studio,1BA | $1,705 |
Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Wakefield, MA
As of March 25, 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 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Wakefield
What type of rentals are currently available in Wakefield?
There are currently 262 Apartments for Rent in Wakefield, MA with pricing that ranges from $1,600 to $17,659. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $1,680 to $5,150.
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 $1,680 to $5,150 with an average monthly rent of $3,118.
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.