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FHA Loan Limits in New York County, New York (2026)

Buying in New York County or elsewhere in New York County? The 2026 FHA single-family limit across the county is $1,249,125. As a high-cost county, that ceiling runs above the $541,287 national floor.

Property Type2026 FHA Loan Limit
One-unit (single family)$1,249,125
Two-unit (duplex)$1,599,225
Three-unit (triplex)$1,933,200
Four-unit (fourplex)$2,402,475

From New York County to the edges of New York County, the figures above govern FHA borrowing; buyers here frequently compare them with nearby Kings and Queens Counties.

FHA affordability around New York County

Homes around New York County carry an estimated local median near $1,100,000, so an FHA buyer in New York County puts down about $38,500 (3.5%). With New York's 1.72% effective property-tax rate, the all-in payment runs near $8,830 a month — comfortable on household income around $342,000, above New York's $81,386 median household income, so budget carefully.

FHA payment scenarios in New York County

FHA payments across New York County price points — from entry homes near New York County to the county's FHA limit (3.5% down, 6.25% sample rate):

Purchase PriceDown (3.5%)Est. Monthly Payment
Entry-level — $792,000$27,720$6,390
Local median — $1,100,000$38,500$8,830
At the FHA limit — $1,249,125$43,719$10,011

Estimates include FHA MIP plus New York property taxes and insurance. Rates move daily near New York County too — get notified.

First-time buyers make up much of FHA activity in New York County and across New York County, drawn by the 3.5% down payment, 580 minimum score, and the option to use gift funds toward the $38,500 needed on a median New York County home.

Multi-unit FHA limits in New York County

New York County's 2026 multi-unit FHA limits reach $1,599,225 (duplex), $1,933,200 (triplex), and $2,402,475 (fourplex) — so a buyer in New York County can live in one unit and rent the rest to offset the mortgage.

For New York County households near New York County (the Northeast median income $81,386), FHA's lenient credit and low down payment make buying realistic; many pair it with local down-payment assistance.

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Frequently Asked Questions

What is the FHA loan limit in New York County for 2026?
In New York County (New York County), the 2026 FHA limit is $1,249,125 for one unit, $1,599,225 for a duplex, $1,933,200 for a triplex, and $2,402,475 for a fourplex.
What income do I need to buy in New York County with FHA?
For a median-priced ($1,100,000) New York County home, plan on income around $342,000 at a 31% housing ratio — about $8,830/month including taxes, insurance, and MIP.
How much is the FHA down payment in New York County?
3.5% with a 580+ score — roughly $38,500 on a $1,100,000 New York County-area home. Gift funds are allowed.
Is New York County a high-cost FHA area?
Yes — New York County's $1,249,125 one-unit limit tops the $541,287 national floor.

FHA loan limits near New York County