September 2026 HUD file
HUD-insured apartment loans in Washington
195 properties with 23,693 units carry FHA-insured mortgages in Washington, with $3.0 billion still owed. The median note rate is 3.25%, and 133 of them are below 4%.
195insured loans
3.25%median note rate
$3.0 billionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states
By program
| 223(f) purchase or refinance | 122 |
|---|---|
| 221(d)(4) construction or substantial rehab | 37 |
| 223(a)(7) refinance | 28 |
| HFA risk-sharing | 2 |
| Older and other programs | 6 |
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 |
|---|---|---|---|---|---|
| Tamaron Ranch Apartments | Lynnwood | 266 | 2.11% | $43.1 million | 2055 |
| Cedar Ridge | Auburn | 48 | 2.11% | $6.9 million | 2055 |
| Windstone Apartments | Everett | 133 | 2.14% | $22.1 million | 2056 |
| Metroline Flats | Seattle | 72 | 2.14% | $11.7 million | 2056 |
| Oak Creek Apartments | Vancouver | 180 | 2.18% | $22.6 million | 2055 |
| Harrison Village | Centralia | 31 | 2.18% | $2.2 million | 2056 |
| Seventeen Fifteen Apartments | Seattle | 34 | 2.19% | $5.2 million | 2056 |
| Edgewood Heights Apartments | Edgewood | 220 | 2.2% | $41.7 million | 2056 |
| Scenic Pines | Tacoma | 176 | 2.2% | $16.1 million | 2055 |
| Nobl Park | Vancouver | 144 | 2.22% | $6.7 million | 2055 |
| Discovery Heights I | Issaquah | 253 | 2.23% | $59.5 million | 2055 |
| Terrace Manor | Wenatchee | 51 | 2.24% | $3.8 million | 2055 |
| Washington Square I Apartments | Richland | 164 | 2.25% | $10.3 million | 2055 |
| Cedar on 67th Ave | Marysville | 131 | 2.28% | $20.0 million | 2056 |
| Lund Pointe Apartments | Port Orchard | 25 | 2.31% | $2.8 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.
| Property | City | Units | Rate | Balance | Matures |
|---|---|---|---|---|---|
| Vintage at Tacoma | Tacoma | 231 | 6.348% | $14.1 million | 2029 |
| Desert Villa Apartments | Kennewick | 155 | 4.837% | $8.6 million | 2030 |
By city
- Seattle 39
- Spokane 17
- Vancouver 15
- Tacoma 11
- Everett 8
- Bellingham 7
- Richland 7
- Olympia 6
- Lacey 5
- Pullman 5
- Puyallup 5
- Issaquah 4
- Renton 4
Everywhere else in Washington
- Skyview Heights Airway Heights · 5.84%
- Affinity at Arlington Arlington · 3.22%
- Cedar Ridge Auburn · 2.11%
- Seasons at Lea Hill Village Auburn · 2.5%
- Islander Mhp Bainbridge Island · 3.05%
- Winslow Arms Apartments Bainbridge Island · 2.98%
- Winslow Manor Bainbridge Island · 3.24%
- Elbert House Bellevue · 5.95%
- Surrey on Main Flats Bellevue · 3.65%
- Arterra Woods Bothell · 4.3%
- Willina Ranch Apartments Bothell · 3.19%
- Willow Tree Grove Bothell · 2.85%
- The Vineyards Apartments Bremerton · 3.52%
- Harrison Village Centralia · 2.18%
- The Ridge at Midway Colbert · 2.43%
- Covington Place Semior Apartments Covington · 2.46%
- Drexel Des Moines Apts Des Moines · 3.6%
- Edgewood Heights Apartments Edgewood · 2.2%
- Pacific Park Apartments Edmonds · 2.55%
- The Sundowner Apartments Ephrata · 7.75%
- Kitts Corner Apartments Federal Way · 4.38%
- Parkway Apartments Federal Way · 3.54%
- Heron Run Apartment Kenmore · 2.4%
- Copper Ridge Apartments Kennewick · 3.2%
- Desert Villa Apartments Kennewick · 4.837%
- Sun Vista Apartments Kent · 3.33%
- Bloom Kirkland · 5.63%
- Garten Haus Leavenworth · 3.2%
- Fairways Apartments Longview · 5.95%
- Fremont Village and Crescent Terrace Longview · 5.31%
- Lynn Woods Senior Apartments Lynnwood · 4.17%
- Plaza 44 Apartments Lynnwood · 3.22%
- Tamaron Ranch Apartments Lynnwood · 2.11%
- The Peaks Apartments Lynwood · 2.32%
- Cedar on 67th Ave Marysville · 2.28%
- Alder Ridge Milton · 2.98%
- Sno Ridge Apartments North Bend · 3.73%
- Affinity at Broadmoor Pasco · 5.14%
- Broadmoor Apartments Pasco · 3.06%
- Hydro at Broadmoor Pasco · 4.92%
- Lund Pointe Apartments Port Orchard · 2.31%
- Olympic Pointe I & II Port Orchard · 3.29%
- The Communitas Group Port Orchard · 4.3%
- Emma Mcredmond Manor Redmond · 5.82%
- Summerwood Housing LLC Redmond · 3.74%
- Legacy Trails Ridgefield · 4.53%
- Whipple Creek Village Apartments Ridgefiled · 2.75%
- Sandpiper Apartments Seatac · 2.8%
- Malmo Apartments Shoreline · 5.52%
- Holman Gardens Spokane Valley · 3%
- Pines Senior Apartments Spokane Valley · 3.14%
- Wheatland Apts Tekoa · 6.25%
- Tukwila Station Apartments Tukwila · 2.5%
- Hearthstone Apartments II Tumwater · 2.5%
- Lookout Ridge Apartments Washougal · 2.49%
- Lookout Ridge Townhomes Washougal · 2.59%
- Emerson Manor Wenatchee · 4.37%
- Garden Terrace/garden Terrace West Apartments Wenatchee · 4.12%
- Terrace Manor Wenatchee · 2.24%
- Mabel Swan Manor Yakima · 3.35%
- Providence House Yakima Yakima · 4.19%
- The Arlington Yakima · 5.95%
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.