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Multifamily Loans in Oklahoma

Overview

Of the 3,956,971 Oklahoma residents, 284,708 (or 7.20%) live in 5+ unit apartment properties. Oklahoma has approximately 184,256 multifamily units. Last year, 1,142 new apartment units were constructed in Oklahoma, representing a 0.62% growth in units. Multifamily units make up 11.68% of the total housing stock in Oklahoma.

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

Get multifamily loan quotes for Sep 28, 2021


Multifamily Loan Rates in Oklahoma

SoftQuotes' lender rates for 5+ unit multifamily loans in Oklahoma 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


Oklahoma Rents

The state of Oklahoma prohibits rent control.

Bedrooms
Low1
High2
Average2
Studio $480 $750 $589
1 bedroom $552 $785 $623
2 bedroom $728 $977 $790
3 bedroom $905 $1,317 $1,041
4 bedroom $987 $1,583 $1,191
1 County median 2 Average of counties