Apartments for Rent in Wakefield, MA

Prices and availability in Wakefield, MA were last updated on 16 Jul 2026.

The best apartments in Wakefield, MA are: Nexxus Apartments and Grayson Lofts.

The average rent in Wakefield, MA is $2,613.

The price range for a studio apartment in Wakefield, MA is between $2,473 and $3,308.

The price range for a 1-bedroom apartment in Wakefield, MA is between $2,394 and $3,733.

The price range for a 2-bedroom apartment in Wakefield, MA is between $2,200 and $3,795.

In Wakefield, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Wakefield's rentals, 80% are small-scale complexes with under 50 units, and 5% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Wakefield are about 20 years old, on average. Of these, 67% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 7 stories. About 50% of the rental communities here are low-rise, garden-style communities, 51% are mid-rises, and 24% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Wakefield come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 65% of the total apartments in the city, while 2-bedroom floorplans represent around 33% of all rentals in Wakefield. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.