MarketStreet Apartments
MarketStreet Aparments, Income Restricted Apartment rentals in Lynnfield, MA offer the ultimate luxury living experience by blending serene natural surroundings with premier open-air shopping. This premier community features , luxury residences spread across three stylish buildings. MarketStreet Apartments delivers an elite, resort-style living experience recognized for its top-tier online reputation. Residents enjoy a seamless blend of indoor and outdoor amenities, including a state-of-the-art fitness center, a luxurious clubhouse with a cyber café, and an entertainment game lounge. Outside, the community features a heated swimming pool with a sun deck, grilling stations, cozy courtyard fire pits, and direct access to scenic nature trails. Secure underground garage parking, 24/7 package lockers, and a pet-friendly policy complete this sophisticated neighborhood experience. The property seamlessly bridges peaceful suburban beauty with fast-paced retail and commuter access.
FEATURES
Community walking trails
Spacious Fitness Center
Outdoor Pool with Grilling Area
Underground Parking Available
Clubroom with Fireplace & Demonstration Kitchen
Charge Point Electric Car Charging Station
24-hour Emergency Maintenance and Lockout Service
Additional Storage Available
Package Concierge
Community Sponsored Social Events
Business Center
Conference/Dining Room
Starbucks Coffee Bar
NEIGHBORHOOD
The suburbs north of Boston along the I-95 corridor in Essex County constitute a mix of rolling wooded hills, housing developments, sleepy New England villages and coastal lakes and marshes. Bedroom communities such as Lynnfield, Peabody and Danvers give way to the smaller working communities of Essex and Gloucester. Tourists pass through on their way to Rockport or Willowdale State Forest. Depending on location, homes of every style and size can be found here.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for MarketStreet Apartments are processed on a first come, first served basis, as apartments become available.
If there is no current availability, applications are added to the waiting list and are reviewed upon receipt to ensure completion and proper documentation only. Applications will then be reviewed for eligibility when they are reached on the waiting list.
Applicants will be emailed upon receipt of their application and upon each application review. Please check your email regularly.
JOIN OUR COMMUNITY / AVAILABILITY & ELIGIBILITY
MarketStreet Apartments is a mixed-income community offering affordable apartment rentals. Eligibility and income restrictions apply. Find current availability and income limits in the table below.
Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).
- Program: 40B
- Number of Income-Restricted Apartments: 45
- Apartment Sizes: Studio, 1 Bedroom, 2 Bedroom,
- Income-Restricted, ADA-Accessible Apartments: 4 – 1 One Bedroom, 3 Two Bedroom
- Maximum Income Limits: 80% AMI (Area Median Income) — Based on HUD Limits
- Asset Limit: No asset limit for 40B.
Current Rental Availability
2026 HUD Income Limits
| Household Size | 50% | 60% | 65% | 80% | 120% |
|---|---|---|---|---|---|
| 1 Person | $60,000 | $72,000 | $78,000 | $96,000 | $138,264 |
| 2 Person | $68,600 | $82,320 | $89,180 | $109,700 | $158,016 |
| 3 Person | $77, 150 | $92,580 | $100,295 | $123,400 | $177,768 |
| 4 Person | $85,700 | $98,760 | $111,410 | $137,100 | $197,520 |
| 5 Person | $92,600 | $111,120 | 120,380 | $148,100 | $213,322 |
| 6 Person | $99,450 | $119,340 | 129,285 | $159,050 | $229,123 |
NEXT STEPS
INCOME & ELIGIBILITY QUESTIONS / FAQ
How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.
I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.
I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.
I have children in school/college, how does this affect my application?
Income from children under 18 and other dependents in school full-time is not counted the same as other sources of income. Any such earnings above $480 in annual income would not be counted towards the income limit.
Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.
I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.
I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.
PROPERTY & COMMUNITY QUESTIONS / FAQ
What utilities are included in the rent? Trash and recycling removal
Is the stove electric or gas? Electric
Is the washer/dryer included? Yes – Electric
Is parking available? Yes, if available garage spaces are $130/mo. Parking lot is free of charge and first-come, first-served.
Is storage available ? Yes, storage units are either $35 or $50 per month
What is the pet policy? Cats and Dogs under 65 lbs. Breed restrictions apply. 2 Pet Max
Is there a monthly pet fee? Cats $45/month, Dogs$80/month
What is due at Lease Signing? 1st month’s rent, last month’s rent, security deposit
If you have questions about this property, please contact us.
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