What's the average rent in Wakefield, MA?

Rental Market Trends in Wakefield, MA

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Wakefield, MA is $2,467 per month, which is 29% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,467
-7.7%
-$204 decrease month-over-month
-8.6%
-$233 decrease year-over-year

AVAILABLE RENTALS

44

APARTMENTS

$2,693

HOUSES

$3,700

TOWNHOUSES

$7,750
As of May 2026, apartments are the most affordable rental option in Wakefield, MA at $2,693 per month, while townhomes are the most expensive at $7,750 per month. Houses average $3,700 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,250
2 Bedrooms$2,950
3 Bedrooms$3,950
4 Bedrooms$3,100
All$2,500
As of May 2026, the average rent for a 1 bedroom rental in Wakefield, MA is $2,250 per month, followed by $2,950 for a 2 bedroom rental, $3,950 for a 3 bedroom rental, and $3,100 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -4% compared to the previous year, which is a $100 decrease.
This year (2026)
Last year (2025)

Rent distribution

58% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $1,800 to $7,750.
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