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Multifamily Loans in Kansas

Overview

229,192 (or 7.87%) of the 2,913,314 population of Kansas live in 5+ unit apartment properties. Kansas has approximately 152,574 multifamily units. Last year, 1,455 new apartment units were constructed in Kansas, representing a 0.96% growth in units. Multifamily units make up 14.39% of the total housing stock in Kansas.

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

Get multifamily loan quotes for Mar 02, 2024


Multifamily Loan Rates in Kansas

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

Loan Amount
$1M to $6M
5 Year Fixed 6.07% - 6.92%
7 Year Fixed 6.18% - 6.68%
10 Year Fixed 6.19% - 6.62%
Loan Amount
$6M to $100M
5 Year Fixed 5.44% - 5.99%
7 Year Fixed 5.49% - 6.04%
10 Year Fixed 5.47% - 6.02%
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 03/01/2024.

Get multifamily loan quotes for Mar 02, 2024


Kansas Rents

The state of Kansas is a Dillon Rule state with no rent control nor preemptions.

Bedrooms
Low1
High2
Average2
Studio $474 $784 $581
1 bedroom $545 $919 $612
2 bedroom $718 $1,095 $781
3 bedroom $893 $1,463 $1,027
4 bedroom $974 $1,735 $1,166
1 County median 2 Average of counties
Source: Federal Housing Finance Agency