HUD-insured apartment loans in Detroit, MI

49 properties in Detroit with 6,094 units have FHA-insured mortgages, owing $426.5 million in all. The median note rate is 3.56%; the lowest is 2.2% at Forest Park.

All 49 HUD-insured apartment loans in Detroit, lowest rate first
Property Units Rate Balance Matures
Forest Park 160 2.2% $12.3 million 2056
Martin Luther King Apartments 312 2.4% $17.6 million 2056
Joy West Manor Apartments 78 2.45% $1.1 million 2055
Woodward Garden Apartments 61 2.65% $7.0 million 2061
Residences at 150 Bagley 148 2.84% $42.3 million 2064
Fairview Manor Apts 99 2.85% $2.6 million 2048
Ducharme Place 185 2.95% $27.7 million 2060
Garfield Lofts 56 2.99% $4.7 million 2056
Strathmore Apartments 129 3.05% $4.7 million 2056
Lofts at New Amsterdam 50 3.09% $5.0 million 2056
Graphic Arts Lofts 38 3.11% $3.0 million 2056
Central Towers Apts 232 3.12% $5.9 million 2053
Bicentennial Towers 300 3.14% $41.7 million 2055
West Chicago Apartments 40 3.25% $644,859 2048
Oakman Townhomes 72 3.35% $4.2 million 2058
The Griswold 80 3.35% $14.2 million 2060
Hartford Village 84 3.37% $10.2 million 2057
Warren Plaza Apartments 198 3.39% $7.4 million 2054
Theresa Maxis Apartments 80 3.48% $2.4 million 2041
Delta Manor 100 3.5% $3.5 million 2043
Woodbridge Estates Phase III 42 3.5% $1.2 million 2053
Woodbridge Estates Phase V 70 3.5% $2.6 million 2053
Woodbridge Estates Phave IV 51 3.5% $1.6 million 2053
Parkview Tower & Square Apartments 350 3.55% $10.6 million 2053
Bowin Place 193 3.56% $12.8 million 2057
Newberry Hall Apartments 28 3.57% $1.9 million 2051
Cultural Gardens 127 3.625% $5.5 million 2049
Orleans Landing 278 3.79% $31.9 million 2057
St. James Coop 72 3.85% $929,808 2053
Canaan Manor 30 4.05% $1.7 million 2053
Ridgecrest Townhouses 168 4.08% $1.1 million 2048
Martin Luther King Homes I 169 4.16% $11.6 million 2057
Colony and Fisher Arms Apartments 160 4.2% $2.3 million 2045
New Center Pavilion 76 4.21% $2.4 million 2053
Alberta W King Village 121 4.35% $3.5 million 2051
Lofts of Merchant Row 199 4.72% $20.6 million 2058
St. Antoine Gardens 146 4.85% $4.0 million 2055
Beaubien 60 4.92% $6.2 million 2059
Brush 64 4.92% $5.4 million 2059
Left Field 60 5.05% $5.5 million 2060
Central Park Village Apartments 20 5.19% $2.0 million 2058
Williams Pavillion Apartments 150 5.19% $6.1 million 2048
Cambridge Towers 250 5.2% $20.6 million 2059
Robert Holmes 100 5.25% $3.4 million 2043
Plymouth Square Village Apartments 280 5.67% $23.2 million 2060
River Parl Village Senior Apartments 120 5.71% $3.2 million 2040
Evangelical Manor 65 5.8% $2.2 million 2041
Trumbull Apartments 88 6.18% $8.4 million 2068
Bagley Townhomes and Flats on 10th 55 6.49% $6.0 million 2067

Most-active servicers here: Berkadia Commercial Mortgage L (10), Grandbridge Real Estate Capita (7), Walker and Dunlop LLC (5).

Every HUD apartment loan in Michigan

Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.

Buying or refinancing in Detroit?

The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.

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