Cheap Apartments for Rent in the Montrose Neighborhood of Wakefield, MA from $1,000 (14 Rentals)

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Cheap Apartments in the Montrose area of Wakefield.

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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

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

Montrose, Wakefield, MA Local Guide

Cheapest Available Montrose Apartments for Rent

 

The cheapest available apartment rental in the Montrose area of Boston, MA is a 1 Bed unit found at Wakefield one, two, and three bedrooms priced from $2,100. Ezio‘s Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,200. Here are the most affordable Montrose apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Wakefield one, two, and three bedrooms1BR/1.0BA1BR,1BA$2,100
Ezio‘s PlaceAffordable Unit (income restricted)2BR,1BA$2,200
Colonial Point ApartmentsModel 1A1BR,1BA$2,200
AtwoodStudio-S1Studio,1BA$2,330
Michaels LandingAffordable Waitlist (income restricted)2BR,2BA$2,350

Best Value Apartments for Rent in Montrose, MA

As of May 08, 2025 the best value apartment in the Montrose area is the $2.74 price per square foot 2BED 2BATH (AUG-SEP 2025) Model at Michaels Landing in the in the South Peabody neighborhood starting from $3,150. The second greatest value Montrose apartment is the 315 Albion St Model at 315 Albion St, Unit #1 starting at $2,800 with a $2.55 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.
Michaels Landing2BED 2BATH (AUG-SEP 2025)2BR,2BA$2.74
315 Albion St, Unit #1315 Albion St2BR,1BA$2.55
269 Albion St, Unit #11269 Albion St2BR,1BA$2.44
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
Ezio‘s PlaceAffordable Unit (income restricted)2BR,1BA$2.59
1 Teal Rd, Unit 5111 Teal Rd1BR,1BA$3.26
Grayson LoftsA71BR,1BA$3.30
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63
34 Salem St, Unit #234 Salem St1BR,1BA$2.94
92 Water St, Unit #192 Water St1BR,1BA$3.33

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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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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 $2,350.

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 $4,210.

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 9 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 $158 which is $4,052 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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