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Multifamily Loans in Nevada

Overview

Of the 3,080,156 Nevada residents, 440,453 (or 14.30%) live in 5+ unit apartment properties. Nevada has approximately 249,430 multifamily units. Last year, 4,783 new apartment units were constructed in Nevada, representing a 1.96% growth in units. Multifamily units make up 20.65% of the total housing stock in Nevada.

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

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Nevada

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

Loan Amount
$1M to $6M
5 Year Fixed 3.04% - 3.97%
7 Year Fixed 3.20% - 3.83%
10 Year Fixed 3.48% - 4.12%
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


Nevada Rents

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

Bedrooms
Low1
High2
Average2
Studio $484 $856 $655
1 bedroom $557 $1,028 $759
2 bedroom $734 $1,298 $964
3 bedroom $960 $1,858 $1,345
4 bedroom $1,149 $2,247 $1,543
1 County median 2 Average of counties