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Multifamily Loans in Alaska

Overview

53,780 (or 7.35%) of the 731,545 population of Alaska live in 5+ unit apartment properties. Alaska has approximately 27,964 multifamily units. Last year, 255 new apartment units were constructed in Alaska, representing a 0.92% growth in units. Multifamily units make up 10.31% of the total housing stock in Alaska.

Interest rates for multifamily loans in Alaska are very competitive. Alaska apartments are eligible for non-recourse multifamily loans with long term fixed rates and other favorable terms. SoftQuotes' lenders are actively lending on 5+ unit multifamily properties in Alaska.

Get multifamily loan quotes for Mar 02, 2024


Multifamily Loan Rates in Alaska

SoftQuotes' lender rates for 5+ unit multifamily loans in Alaska are:

Loan Amount
$1M to $6M
5 Year Fixed 6.12% - 6.87%
7 Year Fixed 6.05% - 6.53%
10 Year Fixed 6.14% - 6.67%
Loan Amount
$6M to $100M
5 Year Fixed 5.44% - 5.99%
7 Year Fixed 5.49% - 6.04%
10 Year Fixed 5.47% - 6.02%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. This is not an offer or commitment to lend. Rates updated on 03/01/2024.

Get multifamily loan quotes for Mar 02, 2024


Alaska Rents

The state of Alaska is a Dillon Rule state with no rent control nor preemptions.

Bedrooms
Low1
High2
Average2
Studio $601 $1,334 $908
1 bedroom $668 $1,509 $1,012
2 bedroom $856 $1,756 $1,281
3 bedroom $1,096 $2,203 $1,685
4 bedroom $1,256 $2,624 $1,938
1 County median 2 Average of counties
Source: Federal Housing Finance Agency

Alaska Multifamily Loans by City