Houston Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Houston
Houston: In the Spotlight
Houston, Texas is located less than 50 miles from the Gulf of Mexico and is part of the Houston - The Woodlands-Sugar Land Metropolitan Statistical Area, which contains 9 counties. The population of Houston is just over 2.3 million, making it the most populous city in the state. It also covers roughly 665 square miles. The area is home to the largest medical center in the world and a 300-mile interconnected bikeway network spread over 500 square miles.
- The unemployment rate is around 6.5%.
- The median household income is $52,338.
- The median age in Houston is 33 years old.
- Houston county employs over 3.1 million residents.
Houston Apartment Loan and Multifamily Property Facts
Houston 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.
- Houston has a low rental vacancy rate of less than 8.6% in the city proper.
- There has been a slight rent increase, to $1,139 per month
- The Houston Homeownership rate is roughly 42%, leaving nearly 58% of residents relying on rental units.
Although 2020 was a difficult time in Houston, 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.
Houston Apartment Loan and Lending Options
In Houston, 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 Houston Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Houston, 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 Houston 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 Houston Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.