Wells County
FY 2026 HUD Fair Market Rents in Indiana. Population: 28,167.
Fair Market Rents (2026)
Studio
National avg: $893
$750/mo
↑ 13.5% YoY
-16% vs US
1 Bedroom
National avg: $959
$755/mo
↑ 5.3% YoY
-21% vs US
2 Bedroom
National avg: $1,175
$991/mo
↑ 5.4% YoY
-16% vs US
3 Bedroom
National avg: $1,525
$1,203/mo
↑ 6.2% YoY
-21% vs US
4 Bedroom
National avg: $1,756
$1,393/mo
↑ 4.0% YoY
-21% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $661 | $750 | +$89 (+13.5%) |
| 1 Bedroom | $717 | $755 | +$38 (+5.3%) |
| 2 Bedroom | $940 | $991 | +$51 (+5.4%) |
| 3 Bedroom | $1,133 | $1,203 | +$70 (+6.2%) |
| 4 Bedroom | $1,339 | $1,393 | +$54 (+4.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$30,200
$2,517/month gross
Required annual income for 2 BR
$39,640
$3,303/month gross
Other Counties in Indiana
Jasper County
1 BR: $895/mo
Daviess County
1 BR: $764/mo
Martin County
1 BR: $729/mo
Posey County
1 BR: $860/mo
Newton County
1 BR: $1,082/mo
Floyd County
1 BR: $1,047/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.