2

Wakefield, MA Houses for Rent

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  • /22

    $3,995 Per Month

    • 3 Beds
    • 2 Baths
    • 1,589 Sq Ft
    • House for Rent

    35 Emerson St, Wakefield, MA 01880

    This Single Family Rental is not only beautiful it is also ideally situated. From the charming front porch, Lake Quannapowitt with its popular farmer's markets, sailing lessons and tennis and pickleball courts is a mere 0.3 miles; the commuter rail is even closer at 0.2 miles, and route 128/ 95 is just 1.2 miles down the road. Certainly downtown Wakefield rivals nearby Market Street Lynnfield for

    Karen Colby Colby Properties Real Estate, LLC

    35 Emerson St, Wakefield, MA 01880
  • /23

    $3,600

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • Beautiful House Available in Wakefield MA!

    136 Oak St, Wakefield, MA 01880

    Beautiful House Available in Wakefield MA136 Oak St Wakefield MA 01880Rent: $3,600/monthBedrooms: 3Bathrooms: 2Available: August DescriptionGreat opportunity to rent a lovely Cape style home in a wonderful location. Close to the highway and commuter rail!The main level features oversized windows, rich hardwood flooring, and a spacious living area.

    136 Oak St, Wakefield, MA 01880

Frequently Asked Questions

How much does it cost to rent a single-family home in Wakefield, MA?
The median rent for a single-family home in Wakefield, MA is $3,300 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Wakefield, MA?
To comfortably afford the median rent in Wakefield, MA, a household needs to earn roughly $108,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,712 per month in Wakefield, MA, renters typically need to show $8,136 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Wakefield, MA?
In Wakefield, MA, the price-to-rent ratio is 24.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Wakefield, MA are best for renting a single-family home?
The best neighborhood for renting in Wakefield, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Winchester Highlands, Downtown Melrose, West Revere, North Medford and West End, each with its own character and price range.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$3,300
Median 3 Bedroom Single Family Home Rent
$3,625
Median 4 Bedroom Single Family Home Rent
$3,950
Median 5 Bedroom Single Family Home Rent
$3,300
How to Rent a Home