Middleton is located in a good market for 5+ unit multifamily loans. Multifamily loans in Middleton are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Middleton are competitive. Middleton apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Middleton.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Middleton are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 7.04% - 7.28% |
| 7 Year Fixed | 6.70% - 6.94% |
| 10 Year Fixed | 6.69% - 6.93% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in Middleton.
The city of Middleton in Dane County has a population of 20,034. The median rent in Dane County for a 2 bedroom is $1,306. The median Middleton resident is 39 years old with a yearly income of $45,608. The average family has 2.79 members and a median household income of $76,011. Middleton has a 62% higher education rate. The unemployment rate in Middleton is 2.5%.
47% of Middleton households are renters.
25.5% median household income spent on rent.
Bedrooms |
Dane County 1 |
Wisconsin 2 |
National 2 |
|---|---|---|---|
| Studio | $958 | $595 | $737 |
| 1 bedroom | $1,121 | $668 | $813 |
| 2 bedroom | $1,306 | $856 | $1,015 |
| 3 bedroom | $1,770 | $1,127 | $1,325 |
| 4 bedroom | $2,119 | $1,256 | $1,521 |
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