Rental Market Trends in Wakefield, Massachusetts

Curious about what your rental home in Wakefield could rent for? At Chelworths, we track local market trends to give you clear, up-to-date insights into average rental prices in your area. Whether you own a single home or a growing portfolio, our data helps you understand where your property stands and how to get the best return on your investment.

Average market rent of $2,960, down 0.3% in the last 12 months, with rent ranging from $1,650 to $6,750.
Studio rentals at $2,110 /mo. 0% in a light gray box.
1 BD rentals for $2,370/mo with a -12.5% decrease.
2-bedroom rentals cost $2,860 per month, down 3.1%.
3-bedroom rentals: $4,000/month, increased by +16.3%.
4 BD rentals: $5,490 /mo, +62.9% increase, light green background.
5 BD rentals for $3,300/mo, with 0% availability.

Historical Performance