
Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montrose area of Wakefield.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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34 Richardson St, Unit #2

Wakefield one, two, and three bedrooms
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Colonial Point Apartments
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15 W Water St
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Montrose, Wakefield, MA Local Guide

How much does it cost to rent an apartment in Montrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montrose Studio Apartments | $2,624 | $1,700 | $5,426 |
Montrose 1 Bedroom Apartments | $2,967 | $2,000 | $10,000+ |
Montrose 2 Bedroom Apartments | $3,576 | $2,100 | $10,000+ |
Montrose 3 Bedroom Apartments | $4,115 | $2,700 | $4,575 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Montrose Neighborhood of Wakefield, MA.
See all Apartments in WakefieldExplore Wakefield
Montrose, Wakefield, MA Local Guide
- Nearby Wakefield neighborhoods
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Cheapest Available Montrose Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Montrose, MA
As of May 12, 2025 the best value apartment in the Montrose area is the $1.75 price per square foot 39-41 Crescent St Model at 39-41 Crescent St, Unit #1 in the in the Greenwood neighborhood starting from $3,500. The second greatest value Montrose apartment is the 28 Salem St Model at 28 Salem St, Unit #1 starting at $2,700 with a $2.14 price per square foot in the Montrose neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
39-41 Crescent St, Unit #1 | 39-41 Crescent St | 2BR,2.5BA | $1.75 |
28 Salem St, Unit #1 | 28 Salem St | 3BR,1BA | $2.14 |
33 Salem St, Unit #1 | 33 Salem St | 3BR,1BA | $2.14 |
271 Albion St, Unit #11 | 271 Albion St | 2BR,1BA | $2.44 |
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 |
Ezio‘s Place | Affordable Unit (income restricted) | 2BR,1BA | $2.59 |
34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
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.
Pet Friendly LifestyleMontrose, Wakefield, MA
Ranked #3
Among neighborhoods in Wakefield, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Montrose, Wakefield, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Montrose Apartments
What is a cheap apartment in Montrose?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montrose is under $2,100.
What is the price of a cheap apartment in Montrose?
The cheapest apartment in Montrose is Wakefield one, two, and three bedrooms which is listed at $2,100, while the average apartment in Montrose costs $4,305.
What types of apartments are the cheapest in Montrose?
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 8 regular apartments in Montrose 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 Montrose?
Cheap apartments in Montrose have an average cost of $135 which is $4,170 cheaper than the average rent for all rentals in Montrose.
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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