San Tan Valley is located in a good market for 5+ unit multifamily loans. Multifamily loans in San Tan Valley are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in San Tan Valley are competitive. San Tan Valley apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in San Tan Valley.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in San Tan Valley are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 7.04% - 7.28% |
| 7 Year Fixed | 6.63% - 6.87% |
| 10 Year Fixed | 6.69% - 6.93% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in San Tan Valley.
The city of San Tan Valley in Pinal County has a population of 96,692. The median rent in Pinal County for a 2 bedroom is $1,346. The median San Tan Valley resident is 34 years old with a yearly income of $32,274. The average family has 3.75 members and a median household income of $67,880. San Tan Valley has a 21% higher education rate. The unemployment rate in San Tan Valley is 5.7%.
21.7% of San Tan Valley households are renters.
29% median household income spent on rent.
Bedrooms |
Pinal County 1 |
Arizona 2 |
National 2 |
|---|---|---|---|
| Studio | $1,004 | $747 | $737 |
| 1 bedroom | $1,111 | $822 | $813 |
| 2 bedroom | $1,346 | $1,038 | $1,015 |
| 3 bedroom | $1,899 | $1,433 | $1,325 |
| 4 bedroom | $2,162 | $1,597 | $1,521 |
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