Rental market snapshot for Wakefield, Massachusetts
Wakefield, Massachusetts Rental Property Market Overview
The average rent for an apartment in Wakefield is $2,497. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by -5.0% over the past year.
Wakefield is a town in Middlesex County, Massachusetts in the Greater Boston metropolitan area. The population was 24,932 at the 2010 census. Wakefield was first settled in 1638 and was incorporated in 1812. The town is home to Lake Quannapowitt, Crystal Lake, and the Wakefield Memorial Opera House.
Last Updated December 23, 2022
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Sign upAverage monthly rent graph in Wakefield Massachusetts | Cost of Living
- The most expensive ZIP Code in Wakefield is 01880 with an average price of $2,825
- The cheapest ZIP Code in Wakefield is 01880 with an average price of $2,525
Wakefield ZIP Codes with the highest, most expensive rent
| # | zip code | average rent |
|---|---|---|
| 1 | 01880 | $2,825 |
Live near Wakefield, Massachusetts's Top Sights and Attractions
Lower Common is a park located in the center of Wakefield, Massachusetts. The park is home to a variety of trees, flowers, and shrubs, as well as a playground and a gazebo. The park is a popular destination for families and picnickers alike.
Crystal Lake Watershed is a beautiful body of water located in Wakefield, Massachusetts. The lake is surrounded by lush greenery and is a popular spot for swimming, fishing, and boating.
Spaulding Park is a beautiful park located in Wakefield, Massachusetts. The park is home to a variety of trees, flowers, and shrubs, as well as a pond. Visitors can enjoy a variety of activities in the park, including picnicking, fishing, hiking, and bird watching.
Wakefield Dog Park is a large fenced-in area where dogs can run and play off-leash. The park has a small pond for dogs to cool off in, and a picnic area for humans to enjoy.
Reedy Meadow is a beautiful nature preserve with hiking trails, a river, and a variety of wildlife.
Hall Park is a beautiful park located in the heart of Wakefield, Massachusetts. The park features a large pond, walking trails, and a playground.
The Americal Civic Center is a multi-purpose arena and convention center in Wakefield, Massachusetts. The arena has a capacity of 3,500 people and is home to the Wakefield Warriors hockey team. The convention center has a capacity of 1,000 people and hosts a variety of events throughout the year.
Weber City is an attraction in Wakefield, Massachusetts that is known for its scenic views and hiking trails. The area is also home to a number of historical landmarks, including the Old Stone House and the John Greenleaf Whittier House.
Wakefield, Massachusetts area median rent change by ZIP Code map
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Sign upHow does Wakefield compare to other cities in Massachusetts ?
| city | median price |
|---|---|
| Stoneham | $3,183 |
| Somerville | $3,300 |
| Gloucester | $2,200 |
| Dedham | $2,955 |
| Hudson | $2,450 |
| Randolph | $2,293 |
| Shrewsbury | $2,141 |
| Concord | $2,694 |
| Winthrop | $2,250 |
| Northampton | $2,190 |
Average household income in Wakefield area graph - US Census
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Sign upThe median household income in Wakefield in 2021 was $103,696. This represents a 21.5% change from 2011 when the median was $85,379.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.0% |
| 1 | $10,000 to $14,999 | 2.2% |
| 2 | $15,000 to $19,999 | 2.2% |
| 3 | $20,000 to $24,999 | 2.0% |
| 4 | $25,000 to $29,999 | 1.5% |
| 5 | $30,000 to $34,999 | 2.9% |
| 6 | $35,000 to $39,999 | 2.3% |
| 7 | $40,000 to $44,999 | 2.1% |
| 8 | $45,000 to $49,999 | 2.7% |
| 9 | $50,000 to $59,999 | 5.3% |
| 10 | $60,000 to $74,999 | 9.6% |
| 11 | $75,000 to $99,999 | 11.5% |
| 12 | $100,000 to $124,999 | 10.1% |
| 13 | $125,000 to $149,999 | 10.1% |
| 14 | $150,000 to $199,999 | 13.8% |
| 15 | $200,000 or more | 18.6% |
