Albion Flats

198 Albion Street, Wakefield, MA 01880

RentalFirst come

Income-restricted 1-bedroom rental vacancy in Wakefield, MA; first come, first served.

Cost

Documents disagree on a number here. Check the official listing.

Area median income is the middle income in the area: half of households earn more, and half earn less.

Size	Homes	Rent a month	Minimum income	Income level
1 bedroom	2	$2,150	$71,550 a year	Up to 80% of the area's median income

If you have a Section 8 voucher

This is the most a Section 8 voucher can pay toward rent in this area each month. It is not what this home costs. Your local housing office sets the exact amount.

Size	Voucher can pay up to
1 bedroom	$2,518

How this is worked out

Deadline

When to apply

Any time. There's no deadline.

Info sessions

Public Information Meeting via Zoom, 6:30 pm, Thursday, March 13, 2025

Who can apply

Open to

Any household earning under the limits below.

Other rules from the listing

Income-restricted.

Income limits

The most your whole household can earn in a year, before taxes. These limits are for the highest income level on the posted chart (80% of the middle income in the area). Some homes here may have lower limits.

Household	Maximum income
1 person	$91,200
2 people	$104,200

How to apply

Ways to apply

In person

Application pick up: Wakefield Town Hall, Town Administration Office, Library; submission information is provided on the application

Documents you'll need

If you require Special Accommodation
You must provide documentation
I.e. Doctors letters
Federal Tax Returns –2025
W2 and/or 1099-R Forms: 2025
Interest
Dividends and other net income of any kind from real or personal property
Checking accounts
Saving accounts
Digital Wallets: Examples-CashApp
Venmo
Pay Pal
Apple Cash and similar accounts
Revocable trusts
Equity in rental property or other capital investments
Investment accounts
Including stocks
Bonds
Treasury Bills
Certificates of Deposit
Mutual Funds
Money Market
Robinhood and all other online accounts etc
Cash value of Whole Life or Universal Life Insurance Policy
Personal Property held as an investment
Lump-sum receipts or one-time receipts
A household may count an unborn child as a household member. The household must submit proof of pregnancy with the application
I.e. Letter from doctor