Eagle is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Eagle are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Eagle are slightly higher than the national average. Eagle apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Eagle.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Eagle are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 5.53% - 5.77% |
| 7 Year Fixed | 5.17% - 5.41% |
| 10 Year Fixed | 5.18% - 5.42% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 5.65% - 5.80% |
| 7 Year Fixed | 5.66% - 5.81% |
| 10 Year Fixed | 5.66% - 5.81% |
Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Eagle.
The city of Eagle in Ada County has a population of 29,796. The median rent in Ada County for a 2 bedroom is $1,054. The median Eagle resident is 47 years old with a yearly income of $42,640. The average family has 3.11 members and a median household income of $92,807. Eagle has a 47% higher education rate. The unemployment rate in Eagle is 2.0%.
14.7% of Eagle households are renters.
33.1% median household income spent on rent.
Bedrooms |
Ada County 1 |
Idaho 2 |
National 2 |
|---|---|---|---|
| Studio | $718 | $622 | $737 |
| 1 bedroom | $842 | $673 | $813 |
| 2 bedroom | $1,054 | $863 | $1,015 |
| 3 bedroom | $1,494 | $1,204 | $1,325 |
| 4 bedroom | $1,732 | $1,409 | $1,521 |
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