What's the average rent in Wakefield, MA?

Rental Market Trends in Wakefield, MA

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Wakefield, MA is $2,750 per month, which is 40% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,750
9.9%
$249 increase month-over-month
-5.2%
-$150 decrease year-over-year

AVAILABLE RENTALS

39

APARTMENTS

$2,716

HOUSES

$3,400

TOWNHOUSES

$3,200
As of August 2026, apartments are the most affordable rental option in Wakefield, MA at $2,716 per month, while houses are the most expensive at $3,400 per month. Townhomes average $3,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$2,300
2 Bedrooms$3,000
3 Bedrooms$3,600
4 Bedrooms$4,250
All$2,750
As of August 2026, the average rent for a 1 bedroom rental in Wakefield, MA is $2,300 per month, followed by $3,000 for a 2 bedroom rental, $3,600 for a 3 bedroom rental, and $4,250 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -7% compared to the previous year, which is a $200 decrease.
This year (2026)
Last year (2025)

Rent distribution

48% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $1,320 to $4,250.
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