FHA Loan Limits in Lee County, Iowa (2026)
In Lee County — anchored by Lee County — the 2026 FHA loan limit for a single-family home is $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 Lee County — Lee County — shares the same 2026 FHA limits shown above, which differ from those in adjacent Polk and Linn Counties.
Affording a home in Lee County & Lee County
An FHA buyer near Lee County faces an estimated $257,000 median, a $8,995 down payment, and — after Iowa's 1.52% property tax — a monthly cost around $2,110. That suits household income of roughly $82,000, above Iowa's $70,571 median household income, so budget carefully.
FHA payment scenarios in Lee County
Whether you are buying in Lee County or a smaller Lee 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 — $185,000 | $6,475 | $1,551 |
| Local median — $257,000 | $8,995 | $2,110 |
| At the FHA limit — $541,287 | $18,945 | $4,314 |
Estimates include FHA MIP plus Iowa property taxes and insurance. Rates move daily near Lee County too — get notified.
Buyers across Lee County pair FHA with local down-payment assistance to keep upfront cash low — often turning the $8,995 down payment near Lee County into little out of pocket.
Multi-unit FHA limits in Lee County
Investors and house-hackers in Lee County and across Lee 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 Lee County for 2026?
- In Lee County (Lee 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 Lee County with FHA?
- For a median-priced ($257,000) Lee County home, plan on income around $82,000 at a 31% housing ratio — about $2,110/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Lee County?
- 3.5% with a 580+ score — roughly $8,995 on a $257,000 Lee County-area home. Gift funds are allowed.
- Is Lee County a high-cost FHA area?
- No — Lee County uses the $541,287 national floor for one unit.