A multilayer coil component includes a multilayer body formed by stacking a plurality of insulating layers in a length direction and that has a built-in coil, and a first outer electrode and a second outer electrode that are electrically connected to the coil. The coil is formed by a plurality of coil conductors stacked in the length direction being electrically connected to each other. The first and second outer electrodes respectively cover parts of first and second end surfaces and parts of a first main surface. The multilayer body includes a low-dielectric-constant portion, which is centrally arranged, and high-dielectric-constant portions, which are arranged at both ends in the stacking direction. The length of a region in which the coil conductors are arranged in the stacking direction lies in a range from 85% to 90% of a length of the multilayer body.