About This Property
Peabody Majestic offers 34 units of affordable housing in Lowell, MA, with 33 units designated for low-income residents. The property includes four studio apartments and thirty one-bedroom units. This Middlesex County property provides housing options for residents seeking affordable rental accommodations.
Waitlist Information
Waitlist managed by Lowell Housing Authority
The need for public housing in Lowell exceeds the availability of funds. Preferences are weighted for involuntarily displaced individuals, working heads of household/spouses or elderly/disabled individuals, legal residents of Lowell or those working in Lowell, victims of domestic violence, and veterans.
The waiting list was last open for Mainstream Section 8 HCV from January 22-26, 2024, and for General Section 8 HCV in November 2018. Preferences include involuntarily displaced from Lowell, and working head of household or spouse.
Waitlist data provided by section8waitlist.org
Updated September 28, 2026
Property Details
Fair Market Rent - Middlesex County, MA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $2,212 |
| 1 Bedroom | $2,377 |
| 2 Bedroom | $2,827 |
| 3 Bedroom | $3,418 |
| 4 Bedroom | $3,765 |
Income Limits - Middlesex County, MA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,200
- Very Low (50%)
- $47,000
- Low (80%)
- $70,750
- Extremely Low (30%)
- $32,200
- Very Low (50%)
- $53,700
- Low (80%)
- $80,850
- Extremely Low (30%)
- $36,250
- Very Low (50%)
- $60,400
- Low (80%)
- $90,950
- Extremely Low (30%)
- $40,250
- Very Low (50%)
- $67,100
- Low (80%)
- $101,050
- Extremely Low (30%)
- $43,500
- Very Low (50%)
- $72,500
- Low (80%)
- $109,150
- Extremely Low (30%)
- $46,700
- Very Low (50%)
- $77,850
- Low (80%)
- $117,250
- Extremely Low (30%)
- $49,950
- Very Low (50%)
- $83,250
- Low (80%)
- $125,350
- Extremely Low (30%)
- $53,150
- Very Low (50%)
- $88,600
- Low (80%)
- $133,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,200 | $47,000 | $70,750 |
| 2 Persons | $32,200 | $53,700 | $80,850 |
| 3 Persons | $36,250 | $60,400 | $90,950 |
| 4 Persons | $40,250 | $67,100 | $101,050 |
| 5 Persons | $43,500 | $72,500 | $109,150 |
| 6 Persons | $46,700 | $77,850 | $117,250 |
| 7 Persons | $49,950 | $83,250 | $125,350 |
| 8 Persons | $53,150 | $88,600 | $133,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lowell, MA?+
The Fair Market Rent (FMR) for Middlesex County, MA is: $2212 (Studio), $2377 (1BR), $2827 (2BR), $3418 (3BR), $3765 (4BR). Actual rent at subsidized properties like Peabody Majestic is typically 30% of household income or less.
What size apartments are available at Peabody Majestic?+
Peabody Majestic offers the following unit types: 4 Studio, 30 One-Bedroom units, for a total of 34 units.
Is there a waitlist for Peabody Majestic?+
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 Peabody Majestic?+
Peabody Majestic 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.
What are the income limits for affordable housing in Middlesex County, MA?+
For a 4-person household in Middlesex 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 Peabody Majestic?+
Peabody Majestic is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Lowell, MA?+
Based on Fair Market Rent for Middlesex County, the estimated price range is: 1-bedroom: $2377. Actual rent at Peabody Majestic may be lower for income-eligible households.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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