FHA Loan Limits in Rice County, Minnesota (2026)
Buying in Rice County or elsewhere in Rice County? The 2026 FHA single-family limit across the county 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 Rice County — Rice County — shares the same 2026 FHA limits shown above, which differ from those in adjacent Hennepin and Ramsey Counties.
FHA affordability around Rice County
Homes around Rice County carry an estimated local median near $347,000, so an FHA buyer in Rice County puts down about $12,145 (3.5%). With Minnesota's 1.11% effective property-tax rate, the all-in payment runs near $2,689 a month — comfortable on household income around $104,000, above Minnesota's $84,313 median household income, so budget carefully.
FHA payment scenarios in Rice County
FHA payments across Rice County price points — from entry homes near Rice County to the county's FHA limit (3.5% down, 6.25% sample rate):
| Purchase Price | Down (3.5%) | Est. Monthly Payment |
|---|---|---|
| Entry-level — $250,000 | $8,750 | $1,970 |
| Local median — $347,000 | $12,145 | $2,689 |
| At the FHA limit — $541,287 | $18,945 | $4,129 |
Estimates include FHA MIP plus Minnesota property taxes and insurance. Rates move daily near Rice County too — get notified.
Buyers across Rice County pair FHA with local down-payment assistance to keep upfront cash low — often turning the $12,145 down payment near Rice County into little out of pocket.
Multi-unit FHA limits in Rice County
Rice County's 2026 multi-unit FHA limits reach $692,997 (duplex), $837,720 (triplex), and $1,041,072 (fourplex) — so a buyer in Rice 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 Rice County for 2026?
- In Rice County (Rice 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 Rice County with FHA?
- For a median-priced ($347,000) Rice County home, plan on income around $104,000 at a 31% housing ratio — about $2,689/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Rice County?
- 3.5% with a 580+ score — roughly $12,145 on a $347,000 Rice County-area home. Gift funds are allowed.
- Is Rice County a high-cost FHA area?
- No — Rice County uses the $541,287 national floor for one unit.