FHA Loan Limits in Peoria County, Illinois (2026)
From Peoria County, FHA buyers in Peoria 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 Peoria County, from Peoria County outward, and sit alongside the limits set for neighboring Cook and Lake Counties.
What can you buy with FHA in Peoria County?
Homes around Peoria County carry an estimated local median near $261,000, so an FHA buyer in Peoria County puts down about $9,135 (3.5%). With Illinois's 2.23% effective property-tax rate, the all-in payment runs near $2,295 a month — comfortable on household income around $89,000, above Illinois's $78,433 median household income, so budget carefully.
FHA payment scenarios in Peoria County
Here is what an FHA payment looks like at three Peoria County budgets, all with 3.5% down at a 6.25% example rate:
| Purchase Price | Down (3.5%) | Est. Monthly Payment |
|---|---|---|
| Entry-level — $188,000 | $6,580 | $1,686 |
| Local median — $261,000 | $9,135 | $2,295 |
| At the FHA limit — $541,287 | $18,945 | $4,634 |
Estimates include FHA MIP plus Illinois property taxes and insurance. Rates move daily near Peoria County too — get notified.
In Peoria County and the surrounding Peoria County market, FHA's appeal is the math: $9,135 down on a $261,000 home, credit accepted from 580, and assistance programs that can cover closing costs.
Multi-unit FHA limits in Peoria County
Looking at a duplex or fourplex near Peoria County? FHA allows up to $692,997 on two units and $1,041,072 on four in Peoria County, with the same low 3.5% down for owner-occupants.
Your Free FHA Early-Warning System
Free to join in under 30 seconds. Get notified when it is time to act.
Free to join. Msg & data rates may apply; reply STOP to opt out. See our Terms & Privacy Policy.
Frequently Asked Questions
- What is the FHA loan limit in Peoria County for 2026?
- In Peoria County (Peoria 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 Peoria County with FHA?
- For a median-priced ($261,000) Peoria County home, plan on income around $89,000 at a 31% housing ratio — about $2,295/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Peoria County?
- 3.5% with a 580+ score — roughly $9,135 on a $261,000 Peoria County-area home. Gift funds are allowed.
- Is Peoria County a high-cost FHA area?
- No — Peoria County uses the $541,287 national floor for one unit.