Your Guide To Affordable Housing at Alexan Peabody

Finding a place to live that balances comfort, community, and cost can feel overwhelming, but not at Alexan Peabody! We made it simple for you! Our brand-new apartments in Peabody, Massachusetts, include affordable housing options designed for qualified households. With stylish finishes, top-notch amenities, and a location close to everything, your dream apartment could be closer than you think.

Alexan Peabody offers 180 luxury homes, with 45 designated as affordable units for households earning up to 80% of the area median income. These homes look and feel identical to our market-rate apartments, featuring modern kitchens, spacious layouts, and community amenities like a resort-style pool, clubhouse, wellness center, dog park, and bike storage. Affordable housing here means enjoying the same lifestyle and perks, without compromise.

Alexan Peabody’s Affordable Housing Process

So how’s it work? Applying for affordable housing at Alexan Peabody is straightforward. We’ve outlined the steps below so you can see just how simple it is:

1. Join the Waiting List
   Fill out a waiting list application at our leasing office to secure your spot!

2. Complete the Lease Application
   Once your name comes up, you’ll submit a lease application. Our team will review credit, employment, and references to reserve your unit.

3. Submit the Affordable Housing Program Application
   Provide income, asset, and tax documentation as required. This step confirms eligibility.

4. Get Your Approval and Move Into Your New Apartment in Peabody, MA!
   After approval, you’ll sign your Lease Agreement and Affordable Lease Addendum. From there, you’ll move into your new home at Alexan Peabody.

The entire process can take as little as two weeks. With clear steps and helpful guidance, it’s designed to feel effortless from start to finish!

Affordable Apartment Options in Peabody, Massachusetts

At Alexan Peabody, affordable housing comes in a variety of floor plans to match your lifestyle:

• Studios – Perfect for simplifying your routine and creating cozy comfort

• One-Bedroom Apartments – Ideal for singles or couples who love stylish, open living

• Two-Bedroom Apartments – Great for roommates or small families wanting more room to grow

• Three-Bedroom Apartments – Spacious designs that bring everyone together under one roof

Each affordable unit includes the same sleek finishes and modern conveniences as our market-rate homes. Want to see them all? Check out our different floor plan options here!

Who Qualifies for Affordable Housing in Peabody, Massachusetts?

Affordable housing at Alexan Peabody is designed for households that meet certain income and lifestyle guidelines. Eligibility depends on household size and income, ensuring the apartments go to residents who need them most. You’ll also need to meet standard leasing reviews such as credit and employment checks, just like any market-rate renter. Whether you’re a young professional starting out, a couple looking for a stylish home, or a growing family ready for more space, affordable options at Alexan Peabody make it possible to enjoy a brand-new apartment in Peabody, Massachusetts.

Explore Our Floor Plans at Alexan Peabody

From cozy studios to spacious three-bedroom apartments, Alexan Peabody has a floor plan fit for you! Affordable options are spread throughout the community, giving you access to every amenity and view. Imagine mornings in a sun-filled kitchen or evenings relaxing in a thoughtfully designed living space. Check out our spacious floor plans here!

Available Specials on New Apartments in Peabody, Massachusetts

Affordable apartments already give you a financial advantage, but our leasing specials make moving even better! Contact our team to learn about current promotions, including rent discounts and limited time offers. These specials won’t last long, so don’t miss your chance to lock in savings.

Glimpse Of Our Gallery

A picture says it all. Visit our gallery to catch a glimpse of the interiors, amenities, and community vibe at Alexan Peabody. From sparkling pools to sleek kitchens, our visuals highlight what’s waiting for you.

Explore Peabody, MA!

Living at Alexan Peabody keeps you connected to endless local fun near your new apartments. Think of the city as your personal playground! Grab a pen and start a bucket list filled with restaurants, shops, and hidden gems near your new apartments in Peabody, MA. Want more inspiration? Check out our neighborhood page here to see everything waiting for you!

Take A Virtual Tour of your new apartments in Peabody, MA!

Can’t make it in person? Take our virtual tour for a walk-through of Alexan Peabody. See every detail from the comfort of your couch and get excited about moving in without leaving home.

Alexan Peabody Living

Life here goes beyond your apartment walls. Visit our residents tab to pay rent, request service, or catch up on community events! We have it all here for you. Already a happy resident? Leave us a Google review to tell us about Alexan Peabody living so you can have new happy neighbors.

Connect With Us on Socials!

We love seeing how our residents make Alexan Peabody their own. Don’t forget to tag us on Instagram @alexanpeabody whether it’s new apartment décor, your favorite homemade recipes, or your next sunset bike ride, we want to see it all! Not on IG? Check us out on Facebook & YouTube! 

Ready to Live the Alexan Peabody Lifestyle?

Affordable housing doesn’t mean compromising on style or convenience. At Alexan Peabody, it means opening the door to a vibrant community, modern features, and endless possibilities. With our simple process and welcoming atmosphere, your future home is waiting!

Book a Tour of the Luxury Lifestyle at Alexan Peabody

Ready to see affordable living in action? Book a tour of Alexan Peabody today by giving us a call at 978-315-5929!  Explore our brand-new apartments, meet the leasing team, and picture yourself thriving in a home that matches your budget and lifestyle!

Still got questions?

Still got questions on our leasing fees or where to apply? No worries! Check out our leasing fees here! and click here to apply today to make the best decision of your life!