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Multifamily Loans in Arkansas

Overview

205,952 (or 6.82%) of the 3,017,804 population of Arkansas live in 5+ unit apartment properties. Arkansas has approximately 133,527 multifamily units. Last year, 2,431 new apartment units were constructed in Arkansas, representing a 1.85% growth in units. Multifamily units make up 10.91% of the total housing stock in Arkansas.

Interest rates for multifamily loans in Arkansas are very competitive. Arkansas 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 Arkansas.

Get multifamily loan quotes for Jan 29, 2022


Multifamily Loan Rates in Arkansas

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

Loan Amount
$1M to $6M
5 Year Fixed 3.02% - 3.72%
7 Year Fixed 3.28% - 3.71%
10 Year Fixed 3.58% - 3.97%
Loan Amount
$6M to $100M
5 Year Fixed 3.46% - 4.11%
7 Year Fixed 3.59% - 4.44%
10 Year Fixed 3.53% - 4.33%
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 01/28/2022.

Get multifamily loan quotes for Jan 29, 2022


Arkansas Rents

The state of Arkansas prohibits rent control.

Bedrooms
Low1
High2
Average2
Studio $431 $742 $535
1 bedroom $496 $836 $574
2 bedroom $654 $972 $723
3 bedroom $813 $1,311 $954
4 bedroom $887 $1,507 $1,104
1 County median 2 Average of counties
Source: Federal Housing Finance Agency