FHA Loan Limits in Lee County, Mississippi (2026)
Buying in Lee County or elsewhere in Lee County? The 2026 FHA single-family limit across the county is $541,287. That matches the national FHA floor used across most of the South.
| 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 |
From Lee County to the edges of Lee County, the figures above govern FHA borrowing; buyers here frequently compare them with nearby Hinds and Harrison Counties.
FHA affordability around Lee County
Homes around Lee County carry an estimated local median near $221,000, so an FHA buyer in Lee County puts down about $7,735 (3.5%). With Mississippi's 0.79% effective property-tax rate, the all-in payment runs near $1,696 a month — comfortable on household income around $66,000, above Mississippi's $52,719 median household income, so budget carefully.
FHA payment scenarios in Lee County
FHA payments across Lee County price points — from entry homes near Lee County to the county's FHA limit (3.5% down, 6.25% sample rate):
| Purchase Price | Down (3.5%) | Est. Monthly Payment |
|---|---|---|
| Entry-level — $159,000 | $5,565 | $1,253 |
| Local median — $221,000 | $7,735 | $1,696 |
| At the FHA limit — $541,287 | $18,945 | $3,985 |
Estimates include FHA MIP plus Mississippi property taxes and insurance. Rates move daily near Lee County too — get notified.
First-time buyers make up much of FHA activity in Lee County and across Lee County, drawn by the 3.5% down payment, 580 minimum score, and the option to use gift funds toward the $7,735 needed on a median Lee County home.
Multi-unit FHA limits in Lee County
Lee County's 2026 multi-unit FHA limits reach $692,997 (duplex), $837,720 (triplex), and $1,041,072 (fourplex) — so a buyer in Lee 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 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 ($221,000) Lee County home, plan on income around $66,000 at a 31% housing ratio — about $1,696/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Lee County?
- 3.5% with a 580+ score — roughly $7,735 on a $221,000 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.