September 2026 HUD file
HUD-insured apartment loans in Montana
36 properties with 3,922 units carry FHA-insured mortgages in Montana, with $605.8 million still owed. The median note rate is 4.33%, and 16 of them are below 4%.
36insured loans
4.33%median note rate
$605.8 millionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states
By program
| 223(f) purchase or refinance | 18 |
|---|---|
| 221(d)(4) construction or substantial rehab | 11 |
| 223(a)(7) refinance | 5 |
| HFA risk-sharing | 1 |
| Older and other programs | 1 |
Lowest rates with 10+ years left
These are the loans a buyer would most want to assume. Open one for the payment math.
| Property | City | Units | Rate | Balance | Matures |
|---|---|---|---|---|---|
| Copper Ridge 9 | Butte | 32 | 2.25% | $2.2 million | 2056 |
| Aspen 110 Apartments | Whitefish | 43 | 2.29% | $4.6 million | 2056 |
| Meadowlands II | Butte | 24 | 2.33% | $3.2 million | 2057 |
| Copper Ridge 4 | Butte | 32 | 2.33% | $3.1 million | 2056 |
| Interpointe Apartment Homes | Billings | 160 | 2.63% | $14.4 million | 2060 |
| Shiloh Commons | Billings | 144 | 2.65% | $30.9 million | 2056 |
| Sundance at Baxter Meadows Apartments | Bozeman | 195 | 2.71% | $27.3 million | 2055 |
| Icon Apartment Homes at Ferguson Farm Phase II | Bozeman | 120 | 2.76% | $24.5 million | 2062 |
| Silvertip Apartments | Missoula | 115 | 2.79% | $6.0 million | 2061 |
| 2131 Graf | Bozeman | 195 | 3.03% | $49.2 million | 2064 |
| Grandview Place Apartments | Missoula | 48 | 3.17% | $2.3 million | 2051 |
| Council Groves Apts | Missoula | 72 | 3.18% | $889,292 | 2038 |
| Interurban Apartments Homes | Billings | 216 | 3.4% | $22.4 million | 2060 |
| Vista Villa Apartments | Great Falls | 96 | 3.5% | $7.4 million | 2058 |
| Sage Tower Apts | Billings | 81 | 3.5% | $2.0 million | 2053 |
Filter every state in the assumable-loan finder
By city
- Billings 8
- Bozeman 8
- Great Falls 5
- Missoula 5
- Butte 4
Everywhere else in Montana
- Hearthstone Apartments Anaconda · 6%
- Yellowstone Landing Belgrade · 4.82%
- Beaverhead Villa Dillon · 4.31%
- Artisan Grove Helena · 5.55%
- Cedar View Apartments Malta · 4.45%
- Aspen 110 Apartments Whitefish · 2.29%
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Apartment loans only; nursing homes, assisted living and hospitals in the same file are not counted.
Own or buying in this state?
Send the property to the Janover Capital desk for a read on assumption, 223(a)(7) or a new HUD loan.