FHA Loan Limits in Monroe County, Indiana (2026)
Monroe County and the rest of Monroe County, Indiana fall under a 2026 one-unit FHA limit of $541,287. 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 |
Every community in Monroe County — Monroe County — shares the same 2026 FHA limits shown above, which differ from those in adjacent Marion and Hamilton Counties.
How much home can you afford in Monroe County?
With Monroe County's median sale price estimated near $275,000 (think Monroe County), the FHA down payment is roughly $9,625. Factoring Indiana property taxes near 0.84%, expect about $2,093 monthly, pointing to income near $81,000 — above Indiana's $67,173 median household income, so budget carefully.
FHA payment scenarios in Monroe County
Whether you are buying in Monroe County or a smaller Monroe County community, here is how an FHA payment scales by price (3.5% down, 6.25% sample rate):
| Purchase Price | Down (3.5%) | Est. Monthly Payment |
|---|---|---|
| Entry-level — $198,000 | $6,930 | $1,540 |
| Local median — $275,000 | $9,625 | $2,093 |
| At the FHA limit — $541,287 | $18,945 | $4,007 |
Estimates include FHA MIP plus Indiana property taxes and insurance. Rates move daily near Monroe County too — get notified.
Buyers across Monroe County pair FHA with local down-payment assistance to keep upfront cash low — often turning the $9,625 down payment near Monroe County into little out of pocket.
Multi-unit FHA limits in Monroe County
Investors and house-hackers in Monroe County and across Monroe County can finance 2-4 unit homes with FHA at just 3.5% down: $692,997 for a duplex, $837,720 for a triplex, and $1,041,072 for a fourplex.
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Frequently Asked Questions
- What is the FHA loan limit in Monroe County for 2026?
- In Monroe County (Monroe 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 Monroe County with FHA?
- For a median-priced ($275,000) Monroe County home, plan on income around $81,000 at a 31% housing ratio — about $2,093/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Monroe County?
- 3.5% with a 580+ score — roughly $9,625 on a $275,000 Monroe County-area home. Gift funds are allowed.
- Is Monroe County a high-cost FHA area?
- No — Monroe County uses the $541,287 national floor for one unit.