Waukesha is located in a good market for 5+ unit multifamily loans. Multifamily loans in Waukesha are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Waukesha are competitive. Waukesha 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 Waukesha.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Waukesha 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 $7.5M |
|---|---|
| 5 Year Fixed | 5.49% - 5.73% |
| 7 Year Fixed | 5.25% - 5.49% |
| 10 Year Fixed | 5.19% - 5.43% |
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® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Waukesha.
The city of Waukesha in Waukesha County has a population of 72,299. The median rent in Waukesha County for a 2 bedroom is $1,033. The median Waukesha resident is 36 years old with a yearly income of $33,972. The average family has 3.03 members and a median household income of $65,260. Waukesha has a 38% higher education rate. The unemployment rate in Waukesha is 3.0%.
41.9% of Waukesha households are renters.
28% median household income spent on rent.
Bedrooms |
Waukesha County 1 |
Wisconsin 2 |
National 2 |
|---|---|---|---|
| Studio | $704 | $595 | $737 |
| 1 bedroom | $853 | $668 | $813 |
| 2 bedroom | $1,033 | $856 | $1,015 |
| 3 bedroom | $1,319 | $1,127 | $1,325 |
| 4 bedroom | $1,446 | $1,256 | $1,521 |
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