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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 Oct 06, 2022


Multifamily Loan Rates in Oregon

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

Loan Amount
$1M to $6M
5 Year Fixed 5.67% - 6.42%
7 Year Fixed 5.60% - 6.08%
10 Year Fixed 5.59% - 6.12%
Loan Amount
$6M to $100M
5 Year Fixed 5.36% - 6.08%
7 Year Fixed 5.33% - 6.25%
10 Year Fixed 5.11% - 5.98%
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 10/05/2022.

Get multifamily loan quotes for Oct 06, 2022


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