FHA Loan Limits in Cook County, Illinois (2026)
From Cook County, FHA buyers in Cook County can finance a one-unit home up to $541,287 with 3.5% down in 2026. That matches the national FHA floor used across most of the Midwest.
| Property Type | 2026 FHA Loan Limit |
|---|---|
| One-unit (single family) | $541,287 |
| Two-unit (duplex) | $692,997 |
| Three-unit (triplex) | $837,720 |
| Four-unit (fourplex) | $1,041,072 |
These 2026 limits apply throughout Cook County, from Cook County outward, and sit alongside the limits set for neighboring Lake and DuPage Counties.
What can you buy with FHA in Cook County?
With Cook County's median sale price estimated near $330,000 (think Cook County), the FHA down payment is roughly $11,550. Factoring Illinois property taxes near 2.23%, expect about $2,871 monthly, pointing to income near $111,000 — above Illinois's $78,433 median household income, so budget carefully.
FHA payment scenarios in Cook County
FHA payments across Cook County price points — from entry homes near Cook County to the county's FHA limit (3.5% down, 6.25% sample rate):
| Purchase Price | Down (3.5%) | Est. Monthly Payment |
|---|---|---|
| Entry-level — $238,000 | $8,330 | $2,103 |
| Local median — $330,000 | $11,550 | $2,871 |
| At the FHA limit — $541,287 | $18,945 | $4,634 |
Estimates include FHA MIP plus Illinois property taxes and insurance. Rates move daily near Cook County too — get notified.
In Cook County and the surrounding Cook County market, FHA's appeal is the math: $11,550 down on a $330,000 home, credit accepted from 580, and assistance programs that can cover closing costs.
Multi-unit FHA limits in Cook County
Cook County's 2026 multi-unit FHA limits reach $692,997 (duplex), $837,720 (triplex), and $1,041,072 (fourplex) — so a buyer in Cook County can live in one unit and rent the rest to offset the mortgage.
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Frequently Asked Questions
- What is the FHA loan limit in Cook County for 2026?
- In Cook County (Cook County), the 2026 FHA limit is $541,287 for one unit, $692,997 for a duplex, $837,720 for a triplex, and $1,041,072 for a fourplex.
- What income do I need to buy in Cook County with FHA?
- For a median-priced ($330,000) Cook County home, plan on income around $111,000 at a 31% housing ratio — about $2,871/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Cook County?
- 3.5% with a 580+ score — roughly $11,550 on a $330,000 Cook County-area home. Gift funds are allowed.
- Is Cook County a high-cost FHA area?
- No — Cook County uses the $541,287 national floor for one unit.