Loading...

Multifamily Loans in Oklahoma

Overview

284,708 (or 7.20%) of the 3,956,971 population of Oklahoma 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 Aug 18, 2022


Multifamily Loan Rates in Oklahoma

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

Loan Amount
$1M to $6M
5 Year Fixed 4.52% - 5.37%
7 Year Fixed 4.78% - 5.28%
10 Year Fixed 4.89% - 5.37%
Loan Amount
$6M to $100M
5 Year Fixed 4.20% - 4.92%
7 Year Fixed 4.25% - 5.17%
10 Year Fixed 4.14% - 5.01%
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 08/17/2022.

Get multifamily loan quotes for Aug 18, 2022


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
Source: Federal Housing Finance Agency