Idaho Falls Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Idaho Falls, Idaho
Idaho Falls: In the Spotlight
Idaho Falls, Idaho is located 280 miles from the state’s capital city of Boise and is part of the Idaho Falls Metropolitan Statistical Area (MSA). The population of Idaho Falls is just over 61,000, making it the 4th most populous city in the State. It also covers 22 square miles of land. The area is the state's largest city outside the Boise metropolitan area and is the home of the War Bonnet Roundup Rodeo.
- The unemployment rate is around 2.6%.
- The median household income is $53,148.
- The median age in Idaho Falls is 33 years old
- Idaho Falls employs over 27,000 residents
Idaho Falls Apartment Loan and Multifamily Property Facts
Idaho Falls is part of the Idaho 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.
- Idaho Falls has a vacancy of roughly 5% across all rental properties
- There has been a marginal rent decrease, to $798 per month
- The homeownership rate is roughly 63%, which leaves around 37% of residents looking for rental properties.
Although 2020 was a difficult time in Idaho Falls, 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.
Idaho Falls Apartment Loan and Lending Options
In Idaho Falls, Idaho 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 Idaho Falls Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Idaho Falls, ID. 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 Idaho Falls 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 Idaho Falls Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.