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Apartments in Wakefield

1 - 4 of 4 Results
6
$1,555 - 1,865
Colonial Point Apartments
Deal
95 Audubon Rd Wakefield, MA
1 - 2 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Surface Parking
Fitness Center
Storage
7
$1,795 - 2,100
Gardencrest Apartments
1077 Main St Wakefield, MA
Studio - 1 BR | Available Now
Contact
Surface Parking
Fitness Center
Storage
Disability Access
Dishwasher
1
$2,000 - 2,150
11 Bartley St
Wakefield, MA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
22
$3,250 - 3,300
The Residence At 581 Salem St
581 Salem St Wakefield, MA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Fitness Center
1 - 4 of 4 Results
  1. Home
  2. Boston Area Apartments
  3. Wakefield

How much does it cost to rent an apartment in Wakefield?

Wakefield Apartments
Bed Type Average Rent Range
1BR $2,000 $1,560 - $2,150
2BR $3,250 $1,870 - $3,300
Frequently Asked Questions

How many apartments are available in Wakefield, MA on Rentable.co?

Rentable.co has over 84 apartments available in Wakefield.

What is the average rent for a one-bedroom apartment in Wakefield, MA?

The average rent for a one-bedroom apartment in Wakefield is around $2,000 per month.

What is the average rent for a two-bedroom apartment in Wakefield, MA?

The average rent for a two-bedroom apartment in Wakefield is around $3,250 per month.

How expensive is it to rent an apartment in Wakefield, MA?

For a two-bedroom apartment in Wakefield, the average rent price is $3,250 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Wakefield, MA?

Based on average rent prices in Wakefield, to afford a one-bedroom apartment you would need an annual household income of $80,000 to live comfortably.

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Wakefield:
November Rent Report

Welcome to the November 2024 Wakefield Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Wakefield rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Wakefield and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Wakefield average rent prices in the chart below.

Monthly Rent Report

$3,300
$2,480
$1,650
$830
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Wakefield Rent Prices Decrease From October to November

Wakefield rent prices decreased over the last month. From October to November, the city experienced a -1.46% decrease for the price of a one-bedroom apartment. The rent price for a Wakefield one-bedroom apartments currently stands at $1,964.0.

When we take a look at the two-bedroom comparison from October to November, Wakefield experienced a -0.18% decrease for the price of a two-bedroom apartment. The rent price for a Wakefield two-bedroom apartments currently stands at $3,241.0.

November Prices: Wakefield vs. Surrounding Areas

Rent Prices in Wakefield and Surrounding Areas

Rent prices have decreased in Wakefield over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Wakefield suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Wakefield suburbs

  • Rents did not decrease in any of the Wakefield suburbs.

November 2024 Pricing Trends: Wakefield vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Wakefield Rent Prices More Affordable Than Major Cities

Rent growth in Wakefield over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Wakefield average rent prices appear to be relatively affordable for local residents.

The price for a Wakefield one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Wakefield and surrounding area rent prices, take a look at the complete data set below.

Data set for Wakefield and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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