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Market Rate 1 Bed 12

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At ReNew on Stout, we have two housing options available to help meet the financial needs of every resident: Market Rate and LURA/Income Restricted Apartment Homes.

Our Market Rate Apartment Homes have no cap on income restrictions. Each resident qualifies by making a minimum of 2.5 times the monthly rent.

The purpose of our LURA Apartment Homes is to provide affordable housing to low-income households by limiting the maximum rent that can be charged for a unit. This requires that our community only provides LURA homes for households with incomes that fall within 60% of the Average Median Income. With the proper income qualifications, you can enjoy an affordable apartment home at ReNew on Stout. Contact us today to see if you qualify for our LURA/Affordable Housing Program.

This affordable community has income limits for applicants and may continue to limit income for residents pending re-certification. To determine income limits for affordable properties, the U.S. Department of Housing and Urban Development (HUD) charts the incomes from persons living in the greater Metropolitan Service Area (MSA) to establish a midpoint - the median income, known as the Area Median Income (AMI).

* Pricing and availability are subject to change. Rent is based on monthly frequency.
** SQFT listed is an approximate value for each unit.