598,857 (or 10.29%) of the 5,822,434 population of Wisconsin live in 5+ unit apartment properties. Wisconsin has approximately 401,042 multifamily units. Last year, 7,638 new apartment units were constructed in Wisconsin, representing a 1.94% growth in units. Multifamily units make up 17.54% of the total housing stock in Wisconsin.
Interest rates for multifamily loans in Wisconsin are very competitive. Wisconsin 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 Wisconsin.
SoftQuotes' lender rates for 5+ unit multifamily loans in Wisconsin are:
Loan Amount |
$1M to $6M |
|---|---|
| 5 Year Fixed | 5.82% - 6.57% |
| 7 Year Fixed | 5.88% - 6.28% |
| 10 Year Fixed | 5.79% - 6.12% |
Loan Amount |
$6M to $100M |
|---|---|
| 5 Year Fixed | 5.75% - 6.25% |
| 7 Year Fixed | 5.72% - 6.22% |
| 10 Year Fixed | 5.64% - 6.14% |
The state of Wisconsin is a Dillon Rule state with no rent control nor preemptions.
Bedrooms |
Low1 |
High2 |
Average2 |
|---|---|---|---|
| Studio | $484 | $968 | $595 |
| 1 bedroom | $557 | $1,136 | $668 |
| 2 bedroom | $734 | $1,410 | $856 |
| 3 bedroom | $913 | $1,982 | $1,127 |
| 4 bedroom | $995 | $2,324 | $1,256 |