FHA loans across Monroe County and the Florida Keys with as little as 3.5% down. Here's the Keys' unusually high 2026 FHA loan limit, where FHA fits, and how to get pre-approved.
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Monroe County covers the entire Florida Keys, from Key Largo down to Key West — one of the most expensive and unique real estate markets in the country. To account for those prices, the Keys carry one of the highest FHA loan limits in the nation, at $990,150 for 2026. That high ceiling makes FHA genuinely usable here for buyers who would have no chance with FHA in most high-cost markets.
Monroe County — the Florida Keys — is a designated high-cost area with one of the highest FHA loan limits in the entire country: $990,150 for a single-family home in 2026. That elevated ceiling reflects how expensive Keys real estate is. Even so, many Keys properties are priced above even that limit, and much of the market is condos, so knowing where FHA fits is essential.
At $990,150 for a single-family home, the Keys' FHA limit is dramatically higher than mainland Florida's $541,287 floor, opening the door to far more of the local market. Still, the priciest waterfront and Key West properties can exceed even that, and condos are common — for those, confirm the building is FHA-approved or qualifies for Single-Unit Approval via our condo guide. We'll confirm the current figure with HUD and find Keys homes that fit your FHA budget.
We help FHA buyers throughout Monroe County, including Key West, Marathon, Key Largo, and Islamorada. Wherever you are in the county, we will explain your FHA loan limit, rate, and monthly payment, and get you pre-approved fast. Start with our first-time buyer guide or estimate your payment with the FHA calculator.
You don't have to cover the down payment alone. FHA allows gift funds, sellers can contribute up to 6% toward closing costs, and Monroe County buyers can often pair FHA with assistance from the Florida Housing Finance Corporation and Monroe County's local SHIP-funded programs. Funding and eligibility change frequently, so we'll help you confirm what's currently available — see our FHA down payment assistance guide.
Get a free FHA rate quote and pre-approval from a lender who knows the Monroe County market.
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