September 2026 HUD file
HUD-insured apartment loans in North Dakota
29 properties with 3,018 units carry FHA-insured mortgages in North Dakota, with $217.8 million still owed. The median note rate is 3.45%, and 20 of them are below 4%.
29insured loans
3.45%median note rate
$217.8 millionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states
By program
| 223(f) purchase or refinance | 21 |
|---|---|
| 221(d)(4) construction or substantial rehab | 3 |
| 223(a)(7) refinance | 3 |
| Older and other programs | 2 |
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 |
|---|---|---|---|---|---|
| Cottagewood Townhomes | Fargo | 91 | 2.34% | $14.4 million | 2056 |
| Meadow Ridge Apartments | Minot | 132 | 2.37% | $8.4 million | 2056 |
| Capitol Apartments | Bismarck | 125 | 2.42% | $5.7 million | 2047 |
| West Creek Crossing Apartments | West Fargo | 126 | 2.43% | $8.8 million | 2056 |
| Elk Pointe Apartments | Minot | 72 | 2.44% | $4.8 million | 2056 |
| Boulders Apartments | Bismarck | 54 | 2.45% | $2.4 million | 2047 |
| Aspen Lofts Apartments | Grand Forks | 150 | 2.65% | $16.5 million | 2056 |
| Arbor Court | Fargo | 150 | 2.83% | $13.4 million | 2055 |
| Faith and Hope Homes | Grand Forks | 24 | 2.96% | $529,234 | 2042 |
| Community Homes I & II | Fargo | 187 | 3.1% | $11.6 million | 2060 |
| Hawk Pointe Apartments | Bismarck | 167 | 3.12% | $8.0 million | 2046 |
| Eaglebrook Apartments | Fargo | 150 | 3.15% | $11.7 million | 2055 |
| Latitude 46 Apartments | West Fargo | 336 | 3.2% | $28.6 million | 2055 |
| Continental Homes Apartments | Grand Forks | 64 | 3.21% | $448,239 | 2040 |
| Homestead Place | Grand Forks | 50 | 3.45% | $534,000 | 2041 |
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By city
- Bismarck 8
- Fargo 6
- Grand Forks 6
- Minot 4
Everywhere else in North Dakota
- Peaceful & Pioneer Haven Apartments Dickinson · 4.1%
- Library Square Apartments Mandan · 3.89%
- Echo at the Lights West Fargo · 4.3%
- Latitude 46 Apartments West Fargo · 3.2%
- West Creek Crossing Apartments West Fargo · 2.43%
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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