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Multifamily Loans in Louisiana

Overview

Of the 4,648,794 Louisiana residents, 316,414 (or 6.81%) live in 5+ unit apartment properties. Louisiana has approximately 205,924 multifamily units. Last year, 1,249 new apartment units were constructed in Louisiana, representing a 0.61% growth in units. Multifamily units make up 11.26% of the total housing stock in Louisiana.

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

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Louisiana

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

Loan Amount
$1M to $6M
5 Year Fixed 3.04% - 3.92%
7 Year Fixed 3.28% - 3.86%
10 Year Fixed 3.53% - 4.02%
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


Louisiana Rents

The state of Louisiana prohibits rent control.

Bedrooms
Low1
High2
Average2
Studio $513 $852 $665
1 bedroom $550 $955 $729
2 bedroom $725 $1,127 $888
3 bedroom $902 $1,457 $1,160
4 bedroom $983 $1,698 $1,326
1 County median 2 Average of counties