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Multifamily Loans in Montana

Overview

61,673 (or 5.77%) of the 1,068,778 population of Montana 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 Nov 28, 2022


Multifamily Loan Rates in Montana

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

Loan Amount
$1M to $6M
5 Year Fixed 6.37% - 7.22%
7 Year Fixed 6.58% - 7.03%
10 Year Fixed 6.49% - 6.97%
Loan Amount
$6M to $100M
5 Year Fixed 5.27% - 5.97%
7 Year Fixed 5.28% - 6.18%
10 Year Fixed 5.16% - 6.01%
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 11/27/2022.

Get multifamily loan quotes for Nov 28, 2022


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
Source: Federal Housing Finance Agency