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Multifamily Loans in Georgia

Overview

1,115,952 (or 10.51%) of the 10,617,423 population of Georgia live in 5+ unit apartment properties. Georgia has approximately 635,202 multifamily units. Last year, 6,821 new apartment units were constructed in Georgia, representing a 1.09% growth in units. Multifamily units make up 18.72% of the total housing stock in Georgia.

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

Get multifamily loan quotes for Jan 29, 2022


Multifamily Loan Rates in Georgia

SoftQuotes' lender rates for 5+ unit multifamily loans in Georgia 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


Georgia Rents

The state of Georgia prohibits rent control.

Bedrooms
Low1
High2
Average2
Studio $428 $1,101 $670
1 bedroom $492 $1,126 $698
2 bedroom $648 $1,284 $840
3 bedroom $806 $1,615 $1,103
4 bedroom $879 $1,976 $1,302
1 County median 2 Average of counties
Source: Federal Housing Finance Agency