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Multifamily Loans in Colorado

Overview

754,681 (or 13.11%) of the 5,758,736 population of Colorado live in 5+ unit apartment properties. Colorado has approximately 449,530 multifamily units. Last year, 12,708 new apartment units were constructed in Colorado, representing a 2.91% growth in units. Multifamily units make up 16.18% of the total housing stock in Colorado.

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

Get multifamily loan quotes for Jun 21, 2024


Multifamily Loan Rates in Colorado

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

Loan Amount
$1M to $6M
5 Year Fixed 5.82% - 6.57%
7 Year Fixed 5.88% - 6.28%
10 Year Fixed 5.79% - 6.17%
Loan Amount
$6M to $100M
5 Year Fixed 5.75% - 6.25%
7 Year Fixed 5.72% - 6.22%
10 Year Fixed 5.64% - 6.14%
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 06/20/2024.

Get multifamily loan quotes for Jun 21, 2024


Colorado Rents

The state of Colorado prohibits rent control.

Bedrooms
Low1
High2
Average2
Studio $553 $1,385 $873
1 bedroom $557 $1,547 $932
2 bedroom $734 $1,867 $1,168
3 bedroom $930 $2,556 $1,570
4 bedroom $1,018 $2,947 $1,825
1 County median 2 Average of counties
Source: Federal Housing Finance Agency