Monroe County, Florida Loan Limits for 2026

The FHA loan limit in Monroe County is $990,150 for a one-unit home in 2026 (a high-cost area above the national floor), and the conforming limit for Fannie Mae and Freddie Mac loans is $990,150. Anything larger is a jumbo loan. HUD sets the FHA figure for the KEY WEST-KEY LARGO, FL area.

2026 limits by number of units

UnitsFHA limitConforming limit
1$990,150$990,150
2$1,267,600$1,267,600
3$1,532,200$1,532,200
4$1,904,150$1,904,150

FHA limits effective January 1, 2026 per HUD; conforming limits for mortgages acquired in calendar year 2026 per FHFA. HUD's median price used to set the FHA limit here: $861,000.

What the limit means at the median price

The median Monroe County home is worth $723,800. With FHA's 3.5% minimum down payment, the largest FHA loan on that home would be $698,467, within the county limit.

Frequently asked questions

What is the FHA loan limit in Monroe County for 2026?

$990,150 for a single-family home, $1,267,600 for a duplex, $1,532,200 for a triplex and $1,904,150 for a fourplex, per HUD's county limits file (Mortgagee Letter 2025-23). Monroe County is a high-cost area, so its limit sits above the national floor of $541,287.

What is the conforming loan limit in Monroe County?

$990,150 for a one-unit home in 2026 ($1,267,600, $1,532,200 and $1,904,150 for 2, 3 and 4 units), per the Federal Housing Finance Agency. Loans above it are jumbo loans.

Does the limit cap the home price?

No. It caps the loan amount. A buyer can purchase a home above the limit by making a larger down payment so the mortgage stays within it.

Sources

Figures are computed from the documents above and rounded to the dollar. All sources.

Loan limits in every Florida county → Monroe County home buyer guide →

General information, not lending advice. Lenders may set their own lower caps.

Monroe County overview