Verge
Verge offers income-restricted apartment rentals in Somerville, MA, combining modern convenience, flexible living, and premium building amenities. This exceptional community places you at the center of it all, with thoughtfully designed apartment homes featuring floor-to-ceiling windows, in-unit washers and dryers, and high-end stainless steel appliances. Beyond your front door, residents enjoy an array of amenities, including dedicated work-from-home spaces, a fully equipped fitness center, secure bike storage, and a stunning rooftop deck with grilling stations. Whether you're taking advantage of the building's smart technology features, using the designated rideshare drop-off area, or dining at the ground-floor steakhouse, these conveniences enhance everyday living. More than just an apartment, Verge provides the perfect setting for a connected, active, and modern lifestyle. 10 of the units at Verge are designated as income-restricted and rented to households earning at or below 50% AMI, 80% AMI, & 110% AMI (Area Median Income).
FEATURES
Work from home space
Fitness Room
Bike Storage
Roof Deck with Grill Station
Package Room
Visitor Parking on Site
NEIGHBORHOOD
Verge Residences is located at the edge of the vibrant Union Square neighborhood in Somerville, Massachusetts. This highly walkable and transit-friendly area offers a lively urban-suburban mix, sitting just blocks away from local hubs like Boynton Yards and the eclectic shops and eateries at Bow Market. Known for its forward-thinking energy, the neighborhood seamlessly blends historic charm with rapid modern development, surrounding residents with local craft breweries, artisanal coffee shops, and easy Green Line MBTA access.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for Verge are processed on a first come, first served basis, as apartments become available (see the Current Availability table in the next section below).
If there is no current availability, applications are added to the waiting list and are reviewed upon receipt to ensure completion and proper documentation only. Applications will then be reviewed for eligibility when they are reached on the waiting list.
Applicants will be emailed upon receipt of their application and upon each application review. Please check your email regularly.
JOIN OUR COMMUNITY / AVAILABILITY & ELIGIBILITY
Verge is a mixed-income community offering affordable apartment rentals. Eligibility and income restrictions apply. Find current availability and income limits in the table below.
Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).
- Program: Somerville Inclusionary
- Number of Income-Restricted Apartments: 10
- Apartment Sizes: Studio, 1 Bedroom, 2 Bedroom, & 3 Bedroom
- Income-Restricted, ADA-Accessible Apartments: 3 – 1 Studio, 1 One Bedroom, 1 Three Bedroom
- Maximum Income Limit: 50% AMI, 80% AMI, 110% AMI (Area Median Income) — Based on HUD Limits
- Asset Limit: $105,578
Asset Limit does not include retirement, but does include the assessed value of real estate owned by applicants.
Income Limits & Rent Limits are determined by HUD on an annual basis. To learn more about the current year’s limits, please visit This Link.
2026 HUD Income Limits ( Somerville)
(Somerville 50% AMI, 51%-80% AMI, 81%-110% AMI)
| Household Size | 50% AMI | 80% AMI | 110% AMI |
|---|---|---|---|
| 1 | $60,000 | $96,000 | $131,978 |
| 2 | $68,600 | $109,700 | $150,832 |
| 3 | $77,150 | $123,400 | $169,686 |
| 4 | $85,700 | $137,100 | $188,540 |
| 5 | $92,600 | $148,100 | $203,623 |
| 6 | $99,450 | $159,050 | $218,706 |
Current Rental Availability
NEXT STEPS
Email: Info@ACRESCompliance.com Phone: (617) 675-1083 | US Relay 711
INCOME & ELIGIBILITY QUESTIONS / FAQ
How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.
I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.
I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.
I have children in school/college, how does this affect my application?
Income from children under 18 and other dependents in school full-time is not counted the same as other sources of income. Any such earnings above $480 in annual income would not be counted towards the income limit.
Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.
I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.
I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.
PROPERTY & COMMUNITY QUESTIONS / FAQ
What are the move-in fees? First month’s rent (prorated) & a security deposit equal to one month’s rent.
What utilities are included in the rent? Heat, Water/Sewer
Is the stove electric or gas? Electric
Is the washer/dryer included? Yes. In-Unit (Electric)
Is parking available? Yes, Parking is available for rent on a first-come, first-served basis for an additional $200/month.
Is storage available? N/A
What is the pet policy? Pets are allowed
Is there a monthly pet fee? Yes, an additional monthly fee of $50/cat & $100/dog.
If you have questions about this property, please contact us.
Email: Info@ACRESCompliance.com
