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Multifamily Loans in Oregon

Overview

511,016 (or 12.12%) of the 4,217,737 population of Oregon live in 5+ unit apartment properties. Oregon has approximately 300,675 multifamily units. Last year, 6,510 new apartment units were constructed in Oregon, representing a 2.21% growth in units. Multifamily units make up 11.75% of the total housing stock in Oregon.

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

Get multifamily loan quotes for Dec 03, 2023


Multifamily Loan Rates in Oregon

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

Loan Amount
$1M to $6M
5 Year Fixed 6.32% - 7.07%
7 Year Fixed 6.35% - 6.83%
10 Year Fixed 6.44% - 7.97%
Loan Amount
$6M to $100M
5 Year Fixed 5.94% - 6.49%
7 Year Fixed 5.98% - 6.53%
10 Year Fixed 5.92% - 6.47%
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 12/02/2023.

Get multifamily loan quotes for Dec 03, 2023


Oregon Rents

The state of Oregon has statewide rent control.

Bedrooms
Low1
High2
Average2
Studio $484 $1,313 $786
1 bedroom $578 $1,404 $891
2 bedroom $734 $1,620 $1,112
3 bedroom $1,050 $2,312 $1,569
4 bedroom $1,206 $2,802 $1,853
1 County median 2 Average of counties
Source: Federal Housing Finance Agency