September 2026 HUD file

HUD-insured apartment loans in Ohio

624 properties with 69,508 units carry FHA-insured mortgages in Ohio, with $3.5 billion still owed. The median note rate is 3.555%, and 405 of them are below 4%.

624insured loans
3.555%median note rate
$3.5 billionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states

By program

223(f) purchase or refinance335
221(d)(4) construction or substantial rehab132
223(a)(7) refinance146
HFA risk-sharing3
241(a) supplemental3
Older and other programs5

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 Ohio, at least 10 years to maturity
Property City Units Rate Balance Matures
Westway Gardens Apartments Elyria 300 2.05% $11.1 million 2052
The Lakes at Ashton Village Ashville 192 2.05% $10.8 million 2056
Redwood Sylvania Phase I & II Sylvania 148 2.1% $19.0 million 2055
Heights at Knollwood Crossing Hamilton 192 2.11% $14.0 million 2055
Charter Club London 80 2.15% $4.9 million 2056
Sheffield Manor London 56 2.15% $3.1 million 2056
Brower Commons Lima 90 2.17% $3.1 million 2056
Mcpherson Woods Mansfield 50 2.17% $1.9 million 2055
Gables West Hilliard 184 2.18% $17.3 million 2056
Riverside Commons Dayton 120 2.19% $3.5 million 2056
Riverview Tower Cleveland 506 2.21% $15.5 million 2056
West Boulevard Cleveland 118 2.21% $4.4 million 2056
Excelsior at Crocker Park Westlake 58 2.23% $8.2 million 2055
New Village Homes Columbus 100 2.23% $8.0 million 2056
Redwood Marysville (milford Crossing) P2 Marysville 53 2.23% $7.7 million 2056

Filter every state in the assumable-loan finder

Paying off within five years

Most HUD loans amortize to zero, so these balances are usually small. The owners are deciding what to do with a nearly paid-off property.

Ohio HUD loans maturing by 2031
Property City Units Rate Balance Matures
Hope Manor Toledo 101 3.39% $216,086 2028
Williamsburgh Square Celina 71 3.25% $149,490 2029
Mapleview Apartments Eaton 19 9.5% $44,060 2029
Knollwood Commons Apts Union City 30 9% $57,983 2030
Lake Grant-Deerfield Apts Mount Orab 47 4.95% $141,281 2031
Darby Hills Apt Cincinnati 44 6.01% $216,032 2031
Cedar Woods Apartments Hillsboro 94 3.83% $233,040 2031

By city

Everywhere else in Ohio

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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