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Multifamily Loans in Idaho

Overview

Of the 1,787,065 Idaho residents, 101,015 (or 5.65%) live in 5+ unit apartment properties. Idaho has approximately 59,392 multifamily units. Last year, 3,181 new apartment units were constructed in Idaho, representing a 5.66% growth in units. Multifamily units make up 10% of the total housing stock in Idaho.

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

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Idaho

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

Loan Amount
$1M to $6M
5 Year Fixed 3.04% - 3.97%
7 Year Fixed 3.20% - 3.83%
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


Idaho Rents

The state of Idaho prohibits rent control.

Bedrooms
Low1
High2
Average2
Studio $515 $757 $622
1 bedroom $557 $860 $673
2 bedroom $734 $1,133 $863
3 bedroom $986 $1,568 $1,204
4 bedroom $1,127 $1,747 $1,409
1 County median 2 Average of counties