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Brown School Residences

200 Lynn Street, Peabody, MA 01960

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Joshua Cappell
Rent Beds Baths SqFt
$962 - 1,141 per Month† 1 - 2 Beds 1 - 2 Baths 588 - 1,200 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable
Call (978) 977-0000 Email

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Brown School features 61 apartment homes with styles featuring 1 & 2 bedrooms. Interiors feature expansive windows, historic architectural details and modern amenities. Fully appointed kitchens include electric cooking, dishwasher, ample counter space and closet space. Oversized windows create sun-filled apartments over looking the beautifully landscaped community grounds. On site laundry, community social lounge and on site storage available.**Rental rates may vary based on program type, please see income guidelines.
Dave's Thoughts On Brown School Residences

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Brown School Residences does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Brown School Residences Amenities

  • Elevator
  • Clubhouse
  • Close to Public Transportation
  • Window Coverings
  • Nearby Parks and Recreation
  • Breakfast Bar
  • Linen Closets
  • Energy Star Appliances
  • On-Site Maintenance
  • Historic Renovation
  • Architectural Details
  • Laundry Facility

Units at Brown School Residences

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 588ft2 $962†
Two Bedroom Deluxe (2/2) 1200ft2 $1,136†
Two Bedroom (2/1) 969ft2 $1,136 $1,141†

Income Qualification for Brown School Residences

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for LIHTC Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $51,950 / year $59,400 / year $66,800 / year $74,200 / year
50% AMI for PBRA Units $42,700 / year $48,800 / year $54,900 / year $60,950 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $62,340 / year $71,280 / year $80,160 / year $89,040 / year
60% AMI for LIHTC Units $51,240 / year $58,560 / year $65,880 / year $73,140 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Brown School Residences

Does Brown School Residences have a waiting list?

Brown School Residences probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Brown School Residences?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Brown School Residences?

Brown School Residences is managed by WinnCompanies headquartered in Boston, Massachusetts.

In addition to Brown School Residences, how many other affordable housing properties (and units) are there in Peabody?

In addition to Brown School Residences, we list 18 other affordable properties in Peabody. Learn about these properties here. Our data research shows that there are a total of 419 affordable units in Peabody.

When was the Brown School Residences listing last updated?

Brown School Residences listing on Affordable Housing Online was last updated on 01/03/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.

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† Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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