32,433 (or 5.60%) of the 578,759 population of Wyoming live in 5+ unit apartment properties. Wyoming has approximately 22,892 multifamily units. Last year, 253 new apartment units were constructed in Wyoming, representing a 1.12% growth in units. Multifamily units make up 9.31% of the total housing stock in Wyoming.
Interest rates for multifamily loans in Wyoming are very competitive. Wyoming 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 Wyoming.
SoftQuotes' lender rates for 5+ unit multifamily loans in Wyoming are:
Loan Amount |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.72% - 7.57% |
| 7 Year Fixed | 6.68% - 7.18% |
| 10 Year Fixed | 6.64% - 7.12% |
Loan Amount |
$6M to $100M |
|---|---|
| 5 Year Fixed | 5.95% - 6.50% |
| 7 Year Fixed | 5.96% - 6.51% |
| 10 Year Fixed | 5.89% - 6.44% |
The state of Wyoming has no rent control or preemptions.
Bedrooms |
Low1 |
High2 |
Average2 |
|---|---|---|---|
| Studio | $553 | $1,180 | $682 |
| 1 bedroom | $557 | $1,272 | $718 |
| 2 bedroom | $734 | $1,450 | $896 |
| 3 bedroom | $982 | $2,075 | $1,212 |
| 4 bedroom | $1,033 | $2,511 | $1,504 |