42,153 (or 6.76%) of the 623,989 population of Vermont live in 5+ unit apartment properties. Vermont has approximately 29,957 multifamily units. Last year, 807 new apartment units were constructed in Vermont, representing a 2.77% growth in units. Multifamily units make up 11.26% of the total housing stock in Vermont.
Interest rates for multifamily loans in Vermont are very competitive. Vermont 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 Vermont.
SoftQuotes' lender rates for 5+ unit multifamily loans in Vermont are:
Loan Amount |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.57% - 7.17% |
| 7 Year Fixed | 6.78% - 7.13% |
| 10 Year Fixed | 6.74% - 7.17% |
Loan Amount |
$6M to $100M |
|---|---|
| 5 Year Fixed | 5.85% - 6.40% |
| 7 Year Fixed | 5.86% - 6.41% |
| 10 Year Fixed | 5.72% - 6.27% |
The state of Vermont is a Dillon Rule state with no rent control nor preemptions.
Bedrooms |
Low1 |
High2 |
Average2 |
|---|---|---|---|
| Studio | $573 | $1,161 | $808 |
| 1 bedroom | $596 | $1,345 | $898 |
| 2 bedroom | $758 | $1,732 | $1,111 |
| 3 bedroom | $1,007 | $2,154 | $1,433 |
| 4 bedroom | $1,049 | $2,349 | $1,571 |