Austin Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Austin
Austin: In the Spotlight
Austin, Texas is located 225 miles from the US/Mexico border and is part of the Austin–Round Rock–San Marcos Metropolitan statistical area, which comprises 5 counties. The population of Austin is just over 970,000, making it the 4th most populous city in the state. It also covers roughly 280 square miles. The area is home to over 200 live music venues and is well-known for being one of the sunniest places in the US, with over 288 sunny days a year.
- The unemployment rate is around 4%.
- The median household income is $71,576.
- The median age in Austin is 33 years old.
- Austin county employs over 1.1 million residents.
Austin Apartment Loan and Multifamily Property Facts
Austin is part of the Texas market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Austin has a low rental vacancy rate of less than 5.6% in the city proper.
- There has been a slight rent decrease, to $1,327 per month
- Austin is one of the fastest-growing cities in the country, with an equally expanding job market, making it one of the most lucrative areas for multifamily ownership and development.
Although 2020 was a difficult time in Austin, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Austin Apartment Loan and Lending Options
In Austin, Texas there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Austin Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Austin, TX. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Austin is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Austin Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.