Apartments for Rent in Wakefield, MA

Prices and availability in Wakefield, MA were last updated on 8 Oct 2026.

The best apartments in Wakefield, MA are: Grayson Lofts, Nexxus Apartments and 314 Water St, Unit 6.

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

The price range for a studio apartment in Wakefield, MA is between $2,251 and $3,488.

The price range for a 1-bedroom apartment in Wakefield, MA is between $2,250 and $4,475.

The price range for a 2-bedroom apartment in Wakefield, MA is between $2,520 and $5,217.

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.

Studio apartments in Wakefield are around 1% of rentals, while 1-bedroom floor plans represent 65% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 33% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.