September 2026 HUD file

HUD-insured apartment loans in Nevada

63 properties with 12,423 units carry FHA-insured mortgages in Nevada, with $1.2 billion still owed. The median note rate is 3.2%, and 52 of them are below 4%.

63insured loans
3.2%median note rate
$1.2 billionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states

By program

223(f) purchase or refinance46
221(d)(4) construction or substantial rehab3
223(a)(7) refinance10
HFA risk-sharing2
241(a) supplemental1
Older and other programs1

Lowest rates with 10+ years left

These are the loans a buyer would most want to assume. Open one for the payment math.

Lowest note rates in Nevada, at least 10 years to maturity
Property City Units Rate Balance Matures
Whittell Pointe Apartments Reno 228 1.99% $29.6 million 2056
Pinewood Terrace Apartments Reno 50 2.16% $6.5 million 2056
Desert Sky Apartments Las Vegas 170 2.27% $24.9 million 2056
Montebello at Summit Ridge Reno 450 2.29% $74.3 million 2056
Zephyr Pointe Reno 216 2.3% $30.2 million 2055
Riverside Park Apartments Reno 36 2.33% $6.4 million 2056
Bridges at Victorian Square Sparks 194 2.34% $39.1 million 2056
Morrell Park Apartments Henderson 160 2.34% $12.2 million 2056
Mesquite Bluffs Apartments Mesquite 176 2.37% $9.4 million 2055
Americana Palos Verdes Apartments Las Vegas 102 2.42% $5.8 million 2056
The Neon Las Vegas 44 2.49% $4.4 million 2055
Sunset Ridge Reno 100 2.57% $6.9 million 2056
Parkway Apartments Elko 100 2.65% $7.4 million 2057
Community Gardens Reno 181 2.68% $3.2 million 2050
Villas at Sunrise Mountain Apartments Las Vegas 304 2.79% $35.5 million 2055

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Everywhere else in Nevada

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.

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