Loading...

Multifamily Loans in Delaware

Overview

Of the 973,764 Delaware residents, 90,336 (or 9.28%) live in 5+ unit apartment properties. Delaware has approximately 52,458 multifamily units. Last year, 973 new apartment units were constructed in Delaware, representing a 1.89% growth in units. Multifamily units make up 13.4% of the total housing stock in Delaware.

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

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Delaware

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

Loan Amount
$1M to $6M
5 Year Fixed 3.04% - 4.02%
7 Year Fixed 3.28% - 3.92%
10 Year Fixed 3.48% - 4.12%
Loan Amount
$6M to $100M
5 Year Fixed 2.54% - 2.94%
7 Year Fixed 2.83% - 3.43%
10 Year Fixed 2.95% - 3.50%
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 09/27/2021.

Get multifamily loan quotes for Sep 28, 2021


Delaware Rents

The state of Delaware has no rent control or preemptions.

Bedrooms
Low1
High2
Average2
Studio $703 $970 $868
1 bedroom $803 $1,121 $963
2 bedroom $1,058 $1,358 $1,182
3 bedroom $1,432 $1,689 $1,580
4 bedroom $1,651 $1,935 $1,827
1 County median 2 Average of counties

Delaware Multifamily Loans by City