Cheap Apartments for Rent in Wakefield, MA

37 rentals

Apartments For Rent Near Wakefield, MA

We found 30 more apartments matching your filters just outside Wakefield

Average Rent Trends in Wakefield, MA

Rent in Wakefield, MA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jul 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Aug 2025$2,950
Sep 2025$2,900
Oct 2025$2,800
Nov 2025$2,700
Dec 2025$2,550
Jan 2026$2,550
Feb 2026$2,500
Mar 2026$2,500
Apr 2026$2,604
May 2026$2,550
Jun 2026$2,664
Jul 2026$2,467
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,250$3,000$3,900$3,822$2,475
Townhomes——$3,900—$3,900
Apartments and Condos$1,995$2,550$3,900$3,822$2,400
Houses$2,400—$4,000—$2,400
See more information about local market trends in Wakefield, MA

Frequently Asked Questions about Rentals in Wakefield, MA

  • What is the average rent of an apartment in Wakefield, MA?
    The average rent of an apartment in Wakefield, MA is $2,543 per month. This is about 30% higher than the national average.
  • When is the average rent cheapest in Wakefield, MA?
    In the last year, the average rent in Wakefield, MA was lowest in Feb 2025 when it was $2,538 per month.
  • When is the average rent most expensive in Wakefield, MA?
    In the last year, the average rent in Wakefield, MA was highest in Mar 2025 when it was $3,000 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Wakefield, MA?
    The average rent of a 1 bedroom apartment in Wakefield, MA is $2,250 per month. That is about $127 less than the cost of a studio apartment.
  • How many available rental listings are in Wakefield, MA?
    There are 36 available rental listings in Wakefield, MA.
  • What are some neighborhoods in Wakefield, MA?
    Some neighborhoods in Wakefield, MA include: West Side, Greenwood, Montrose, Woodville, East Side.
  • What are some zip codes in Wakefield, MA?
    Wakefield, MA includes zip codes such as: 01880.
  • What are some cities near Wakefield, MA?
    Some nearby cities include: Stoneham, Lynnfield, Reading, Melrose, Saugus. These cities may have more rental options to explore.
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