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FHA loans in Opa-locka, FL

Quick answer

The 2026 FHA loan limit in Opa-locka, FL (Miami-Dade County) is $667,000 for a single-family home, enough for a purchase price up to about $691,000 with 3.5% down. On the $281,000 median home value, that down payment is about $9,835 and the estimated payment is $2,409/month at 7.18%, which needs roughly $104,000 a year in income.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Median household income: $31,680; value-to-income ratio 8.87. Opa-locka ranks 230 by home value and 245 by population among 343 places in our FL dataset.

What does an FHA loan cost on a typical Opa-locka home?

ItemOpa-locka
Median home value (Census ACS)$281,000
Florida median home value$325,000
Down payment (3.5%)$9,835
Loan incl. 1.75% upfront MIP$275,910
Estimated monthly payment (PITI + MI)$2,409
Income needed (28% / 36%)$104,000 / $81,000
Miami-Dade County 2026 FHA limit (1 unit)$667,000
Max purchase price at the limit$691,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Payment includes Florida's 0.79% effective property tax rate (Census ACS), $2,779/yr homeowners insurance (NAIC state average) and 0.55% annual FHA MIP.

What is the 2026 FHA loan limit in Opa-locka?

Opa-locka is in Miami-Dade County where HUD's 2026 one-unit FHA limit is $667,000. With the minimum 3.5% down, that caps the purchase price at about $691,000; above that you'd need a bigger down payment or a conventional loan (conforming limit $832,750).

The Opa-locka median home value of $281,000 is 14% below the Florida median, and within what the county limit supports.

Which down payment assistance programs can Opa-locka buyers use?

FHA loans in nearby cities

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FHA loan FAQs for Opa-locka

Opa-locka is in Miami-Dade County, where HUD's 2026 FHA limit for a one-unit home is $667,000. With 3.5% down, that supports a purchase price up to about $691,000.

3.5% of $281,000 is about $9,835 with a 580+ credit score (10%, or $28,100, with a 500–579 score), plus closing costs.

At the $281,000 median value (below the Florida median of $325,000), the estimated payment of $2,409/month at 7.18% needs about $104,000 a year under the 28% housing guideline, or $81,000 if your total debts stay under 36%.

0 city-level, 0 county-level and 1 statewide programs are verified for this city (1 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.