Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included
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27-37 Water St
1 to 2 Bedroom Apartments

27-37 Water St

27-37 Water StWakefield, MA 01880

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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Montrose, Wakefield, MA Local Guide

Best Value Apartments for Rent in Montrose, MA

As of April 17, 2025 the best value apartment in the Montrose area is the $1.82 price per square foot 37 Sylvan Ave Model at 37 Sylvan Ave in the in the Greenwood neighborhood starting from $4,200. The second greatest value Montrose apartment is the 39-41 Crescent St Model at 39-41 Crescent St, Unit #1 starting at $3,500 with a $1.75 price per square foot in the Greenwood neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
37 Sylvan Ave37 Sylvan Ave4BR,2BA$1.82
39-41 Crescent St, Unit #139-41 Crescent St2BR,2.5BA$1.75
28 Salem St, Unit #128 Salem St3BR,1BA$2.14
33 Salem St, Unit #133 Salem St3BR,1BA$2.14
271 Albion St, Unit #11271 Albion St2BR,1BA$2.44
269 Albion St, Unit #11269 Albion St2BR,1BA$2.44
286 Albion St, Unit #2286 Albion St1BR,1BA$2.46
287 Albion St, Unit #2287 Albion St1BR,1BA$2.46
68 Valley St, Unit #368 Valley St2BR,1BA$2.53
70 Valley St, Unit #370 Valley St2BR,1BA$2.53

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Pet Friendly Lifestyle
Montrose, Wakefield, MA

Ranked #3

Among neighborhoods in Wakefield, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Montrose, Wakefield, MA

School data provided by Great Schools

Frequently Asked Questions about Cheap Montrose Apartments

What is the Cheapest Studio apartment in Montrose?

Currently the most affordable Cheap Studio Apartment in Montrose is at Atwood listed at $2,330.

How much is rent for a Cheap One Bedroom Montrose Apartment?

The lowest price for a Cheap One Bedroom Montrose Apartment is $2,025 at Wakefield one, two, and three bedrooms.

What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $2,350 at Michaels Landing.

What is the most affordable Montrose Three Bedroom Apartment?

The best deal on a cheap Montrose Three Bedroom Apartment rental is at Atwood and starts from $4,050.

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.

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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.