The purpose of the LURA program is to provide affordable housing to low-income households by limiting the maximum rent that can be charged for a unit and by requiring that some or all of the units be made available only to households with incomes below a percentage (e.g. 50% & 80%) of the Average Median Income.
Lone Star - 50% AMI - 1-person occupancy income limit is $38,650. 2-person occupancy income limit is $44,200. 3-person occupancy income limit is $49,700.
LURA units are 12 month leases only
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Please note, renderings are an artist’s conception and are intended only as a general reference. Features, materials, finishes, layouts, and square footage may differ from the image shown.
Apartment for rent
Special offerIncome restricted
$780/mo
516 N Loop 250 W #3-0303, Midland, TX 79703
1beds
583sqft
Price may not include required fees and charges.
Apartment
Available now
Cats, dogs OK
Air conditioner, ceiling fan
In unit laundry
-- Parking
-- Heating
What's special
- 3 days |
- -- |
- -- |
Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & a competitive APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Air Conditioner, Ceiling Fan
Appliances
- Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Individual Climate Control, Large Closets, View
- Windows: Window Coverings
Interior area
- Total interior livable area: 583 sqft
Property
Parking
- Details: Contact manager
Accessibility
- Accessibility features: Disabled access
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: 24-Hour Availability, AcceptsCreditCardPayments, AcceptsElectronicPayments, Affordable Housing Available, Business Center, Courtyard, Exterior Type: Conventional, FreewayAccess, On-Site Maintenance, On-Site Management, Package Receiving, PetsAllowed, Short Term Lease, Short Term Rentals, Short Term Stays, View Type: View
Lot
- Features: Near Public Transit
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1983
- Major remodel year: 2008
Utilities & green energy
- Utilities for property: Cable Available
Building
Details
- Building name: ReNew Midland
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Fitness Center, Pool
HOA
- Amenities included: Fitness Center, Pool
Location
- Region: Midland
Financial & listing details
- Lease term: Short Term Lease
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Price change | $780+0.6%$1/sqft |
Source: Zillow Rentals | ||
| 11/1/2025 | Listed for rent | $775-1.9%$1/sqft |
Source: Zillow Rentals | ||
| 10/20/2025 | Listing removed | $790$1/sqft |
Source: Zillow Rentals | ||
| 10/20/2025 | Price change | $790-0.6%$1/sqft |
Source: Zillow Rentals | ||
| 10/19/2025 | Price change | $795-0.6%$1/sqft |
Source: Zillow Rentals | ||
Neighborhood: Wilshire
This is an income restricted propertyThis property offers housing at affordable prices. Renters or households must meet income requirements, and the property manager may have additional eligibility criteria.
There are 9 available units in this apartment building
- Special offer! One Month Free: Love it? Lease it! Enjoy one month FREE rent when you make ReNew Midland your new home! Offer valid on 12 month lease terms. Please see a Leasing Consultant for details and restrictions.

