Green Bay is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Green Bay are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Green Bay are slightly higher than the national average. Green Bay apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Green Bay.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Green Bay are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.71% - 7.45% |
| 7 Year Fixed | 6.66% - 7.17% |
| 10 Year Fixed | 6.64% - 7.04% |
Freddie Mac® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.58% - 6.82% |
| 7 Year Fixed | 6.34% - 6.58% |
| 10 Year Fixed | 6.28% - 6.52% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.51% - 7.25% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.44% - 6.84% |
Freddie Mac® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 5.74% - 5.84% |
| 7 Year Fixed | 5.79% - 5.89% |
| 10 Year Fixed | 5.77% - 5.87% |
Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Green Bay.
The city of Green Bay in Brown County has a population of 104,578. The median rent in Brown County for a 2 bedroom is $946. The median Green Bay resident is 35 years old with a yearly income of $28,180. The average family has 3.13 members and a median household income of $49,251. Green Bay has a 25% higher education rate. The unemployment rate in Green Bay is 3.6%.
44.4% of Green Bay households are renters.
26.5% median household income spent on rent.
Bedrooms |
Brown County 1 |
Wisconsin 2 |
National 2 |
|---|---|---|---|
| Studio | $668 | $595 | $737 |
| 1 bedroom | $721 | $668 | $813 |
| 2 bedroom | $946 | $856 | $1,015 |
| 3 bedroom | $1,337 | $1,127 | $1,325 |
| 4 bedroom | $1,352 | $1,256 | $1,521 |
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