What's the average rent in Wakefield, MA?

Rental Market Trends in Wakefield, MA

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Wakefield, MA is $2,549 per month, which is 31% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,549
-0.1%
-$1 decrease month-over-month
-9.0%
-$251 decrease year-over-year

AVAILABLE RENTALS

45

APARTMENTS

$2,639

HOUSES

$2,333

TOWNHOUSES

$3,300
As of June 2026, houses are the most affordable rental option in Wakefield, MA at $2,333 per month, while townhomes are the most expensive at $3,300 per month. Apartments average $2,639 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$2,711
3 Bedrooms$4,000
4 Bedrooms$915
All$2,549
As of June 2026, the average rent for a 1 bedroom rental in Wakefield, MA is $2,250 per month, followed by $2,711 for a 2 bedroom rental, $4,000 for a 3 bedroom rental, and $915 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -1% compared to the previous year, which is a $36 decrease.
This year (2026)
Last year (2025)

Rent distribution

43% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $915 to $4,500.
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