Loading...

Multifamily Loans in Montana

Overview

Of the 1,068,778 Montana residents, 61,673 (or 5.77%) live in 5+ unit apartment properties. Montana has approximately 43,279 multifamily units. Last year, 1,724 new apartment units were constructed in Montana, representing a 4.15% growth in units. Multifamily units make up 9.42% of the total housing stock in Montana.

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

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Montana

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

Loan Amount
$1M to $6M
5 Year Fixed 2.99% - 4.02%
7 Year Fixed 3.23% - 3.88%
10 Year Fixed 3.48% - 4.07%
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


Montana Rents

The state of Montana has no rent control or preemptions.

Bedrooms
Low1
High2
Average2
Studio $514 $853 $620
1 bedroom $561 $958 $690
2 bedroom $734 $1,198 $877
3 bedroom $913 $1,715 $1,169
4 bedroom $1,092 $2,074 $1,370
1 County median 2 Average of counties