Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Cabot Affordable Housing

245 Cabot St, Beverly, MA, 1915

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Cabot Affordable Housing contains 45 units in Beverly, MA, including 44 low-income units and 1 market-rate unit. The property offers 42 studio apartments and 3 one-bedroom apartments. The development was placed in service in 1988.

Waitlist Information

Waitlist managed by Beverly Housing Authority

Public Housing Waitlist
Closed
Apply: Online

Eligibility considers income, senior, veteran, disability, employment, and Beverly residency. Placement on the waiting list may fluctuate due to preference points.

Last verified March 16, 2026
Section 8 (HCV) Waitlist
Open
Apply: Online

Eligibility requires income at or below 50% of AMI, eligible US citizenship/immigration status, no prior debt to housing authorities, and a criminal background check.

Last verified February 25, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
45
Studio
42
1 Bedroom
3

Fair Market Rent - Essex County, MA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,212
1 Bedroom$2,377
2 Bedroom$2,827
3 Bedroom$3,418
4 Bedroom$3,765

Income Limits - Essex County, MA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$28,200
Very Low (50%)
$47,000
Low (80%)
$70,750
2 Persons
Extremely Low (30%)
$32,200
Very Low (50%)
$53,700
Low (80%)
$80,850
3 Persons
Extremely Low (30%)
$36,250
Very Low (50%)
$60,400
Low (80%)
$90,950
4 Persons
Extremely Low (30%)
$40,250
Very Low (50%)
$67,100
Low (80%)
$101,050
5 Persons
Extremely Low (30%)
$43,500
Very Low (50%)
$72,500
Low (80%)
$109,150
6 Persons
Extremely Low (30%)
$46,700
Very Low (50%)
$77,850
Low (80%)
$117,250
7 Persons
Extremely Low (30%)
$49,950
Very Low (50%)
$83,250
Low (80%)
$125,350
8 Persons
Extremely Low (30%)
$53,150
Very Low (50%)
$88,600
Low (80%)
$133,400

Tax Credit Program Details

Year Placed in Service
8888
Low-Income Units
44 / 45

Frequently Asked Questions

What is the average rent for affordable housing in Beverly, MA?+

The Fair Market Rent (FMR) for Essex County, MA is: $2212 (Studio), $2377 (1BR), $2827 (2BR), $3418 (3BR), $3765 (4BR). Actual rent at subsidized properties like Cabot Affordable Housing is typically 30% of household income or less.

What size apartments are available at Cabot Affordable Housing?+

Cabot Affordable Housing offers the following unit types: 42 Studio, 3 One-Bedroom units, for a total of 45 units.

Is there a waitlist for Cabot Affordable Housing?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Cabot Affordable Housing?+

Cabot Affordable Housing is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Beverly, MA?+

Based on Fair Market Rent for Essex County, the estimated price range is: 1-bedroom: $2377. Actual rent at Cabot Affordable Housing may be lower for income-eligible households.

What are the income limits for affordable housing in Essex County, MA?+

For a 4-person household in Essex County, MA, the income limits are: Extremely Low Income (30% AMI): $40,250, Very Low Income (50% AMI): $67,100, Low Income (80% AMI): $101,050. These limits are set by HUD and updated annually.

How do I apply for housing at Cabot Affordable Housing?+

Cabot Affordable Housing is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Begin Application Now

Walk Score

Walker's Paradise

93
Walk
65
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Essex County, MA

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