What's the average rent in Wakefield, MA?
Rental Market Trends in Wakefield, MA
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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $7,750 |
| All | $7,750 |
As of May 2026, the average rent for a 4 bedroom townhome in Wakefield, MA is $7,750 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,200 |
| 2 Bedrooms | $2,550 |
| 3 Bedrooms | $3,950 |
| 4 Bedrooms | $3,100 |
| All | $2,300 |
As of May 2026, the average rent for a 1 bedroom apartment in Wakefield, MA is $2,200 per month, followed by $2,550 for a 2 bedroom apartment, $3,950 for a 3 bedroom apartment, and $3,100 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,667 |
| 4 Bedrooms | — |
| All | $3,667 |
As of May 2026, the average rent for a 3 bedroom house in Wakefield, MA is $3,667 per month.
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.