CEDAR PARK ONE64 | MELROSE, MA | LEASING & LOTTERY HUB

Find Your New Home at Cedar Park One64

Welcome to 164 Essex Street—Melrose’s newest transit-oriented residential community located steps from the Cedar Park MBTA Commuter Rail Station. Explore market-rate leasing opportunities or review Chapter 40B affordable housing lottery guidelines.

MARKET-RATE RESIDENCES

Looking for full floor plans, interior renderings, building amenities, and neighborhood details? All market-rate leasing information for our studio, 1, 2, and 3-bedroom residences is hosted on our dedicated property website.

EXPLORE FULL BUILDING DETAILS ↗

Ready to secure an early spot for model unit openings and tour announcements?

Join the Market-Rate VIP Waitlist

CHAPTER 40B AFFORDABLE HOUSING

Income-Restricted Housing & Chapter 40B Lottery

Local Residency & Employment

Many local residents and area workers assume their household income exceeds qualification thresholds for designated affordable housing. However, because Chapter 40B guidelines are benchmarked against Greater Boston’s Area Median Income (AMI), the allowable income ceilings encompass a broad range of working households:

  • 1-Person Household: Maximum allowable annual income up to $96,000 / year

  • 2-Person Household: Maximum allowable annual income up to $109,700 / year

  • 3-Person Household: Maximum allowable annual income up to $119,100 / year

If you currently reside in Melrose, work for local municipal or business services, or commute via the MBTA Haverhill Line, we encourage you to review the full income schedules below and submit an application.

APPLY FOR THE AFFORDABLE HOUSING LOTTERY ↗

Important Dates

  • Applications distributed online at ACRES portal and physically at the Melrose Public Library.

  • Description: Optional Zoom session for prospective applicants.
    Meeting link: https://maloneyproperties.zoom.us/j/86480408312?pwd=aeHCEuURTZ2NhUo0yoXVXp5sVxIjbl.1‍
    ID: 864 8040 8312 | Passcode: 426057.

  • All online applications must be submitted and paper applications postmarked by this date.

  • Randomized drawing conducted by ACRES to establish waitlist order.

  • Applicant outreach, file verification, and lease screening.

  • Initial move-in window anticipated between April 1 and May 1, 2027.

80% AMI Income Ceilings, Base Rents & Unit Specs

Note: Base rents for all Chapter 40B residences include building-covered electric service. Residents are responsible for individually metered water and sewer.

Unit Specs & Monthly Base Rents

477 – 579
681 – 890
1,289 – 1,311
1,338 – 1,404

Studio
1 BR
2 BR
3 BR

$2,285
$2,412
$2,883
$3,307

MONTHLY BASE RENT *

UNIT TYPE

SQUARE FOOTAGE

* Monthly rent includes electricity

Maximum Allowable Annual Household Income (HUD 80% AMI)

Income eligibility is determined strictly by total gross household income and household size, regardless of the unit size selected.

MAX ALLOWABLE ANNUAL GROSS INCOME

HOUSEHOLD SIZE

$96,000
$109,700
$119,100
$132,300
$142,900
$153,500

1 Person 2 People 3 People 4 People 5 People 6 People