FHA Loan Limits in Dakota County, Minnesota (2026)
From Dakota County, FHA buyers in Dakota 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 |
Every community in Dakota County — Dakota County — shares the same 2026 FHA limits shown above, which differ from those in adjacent Hennepin and Ramsey Counties.
What can you buy with FHA in Dakota County?
An FHA buyer near Dakota County faces an estimated $374,000 median, a $13,090 down payment, and — after Minnesota's 1.11% property tax — a monthly cost around $2,889. That suits household income of roughly $112,000, above Minnesota's $84,313 median household income, so budget carefully.
FHA payment scenarios in Dakota County
Whether you are buying in Dakota County or a smaller Dakota 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 — $269,000 | $9,415 | $2,111 |
| Local median — $374,000 | $13,090 | $2,889 |
| At the FHA limit — $541,287 | $18,945 | $4,129 |
Estimates include FHA MIP plus Minnesota property taxes and insurance. Rates move daily near Dakota County too — get notified.
Buyers across Dakota County pair FHA with local down-payment assistance to keep upfront cash low — often turning the $13,090 down payment near Dakota County into little out of pocket.
Multi-unit FHA limits in Dakota County
Investors and house-hackers in Dakota County and across Dakota 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 Dakota County for 2026?
- In Dakota County (Dakota 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 Dakota County with FHA?
- For a median-priced ($374,000) Dakota County home, plan on income around $112,000 at a 31% housing ratio — about $2,889/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Dakota County?
- 3.5% with a 580+ score — roughly $13,090 on a $374,000 Dakota County-area home. Gift funds are allowed.
- Is Dakota County a high-cost FHA area?
- No — Dakota County uses the $541,287 national floor for one unit.