Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Cobbet Hill

498 Essex St, Lynn, MA, 1902

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

Default photo for Cobbet Hill
Example Photo
Share

About This Property

Cobbet Hill contains 117 low-income units in Lynn, Massachusetts and has been in service since 1988. The property was funded through tax-exempt bonds and serves residents in Essex County.

Waitlist Information

Waitlist managed by Lynn Housing Authority

Public Housing Waitlist
Closed

The Public Housing waitlist is currently closed. The Lynn Housing Authority previously accepted applications for Public Housing from March 16, 2023, to March 30, 2023.

Last verified April 10, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (HCV) waitlist is currently closed. The Lynn Housing Authority previously accepted applications for the HCV program from March 16, 2023, to March 30, 2023.

Last verified February 26, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
117

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
1988
Low-Income Units
117 / 117
Funding Programs
Tax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in Lynn, 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 Cobbet Hill is typically 30% of household income or less.

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.

Who manages Cobbet Hill?+

Cobbet Hill is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Cobbet Hill?+

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

How do I apply for housing at Cobbet Hill?+

Cobbet Hill 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
48
Transit
36
Bike

Nearby Schools

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

Location

Essex County, MA

View on Google Maps