FY2026 Fair Market Rents — Wells County
Studio
$750
1BR
$755
2BR
$991
3BR
$1,203
4BR
$1,393
Wells County, Indiana
FIPS 18179 · County-level FMR and income limit data
FMR Area: Wells County, IN HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $750 | $9,000 |
| 1-Bedroom | $755 | $9,060 |
| 2-Bedroom | $991 | $11,892 |
| 3-Bedroom | $1,203 | $14,436 |
| 4-Bedroom | $1,393 | $16,716 |
To afford the FY2026 2-bedroom FMR of $991/mo under the 30%-of-income rule, a household needs about
$39,640/yr ($3,303/mo). Area Median Income is $93,000.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 106 hours/week to afford that rent.
FY2026 Income Limits
Area Median Income: $93,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,550 | $22,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,550 | $37,200 | $41,850 | $46,500 | $50,250 | $53,950 |
| 80% AMI | $52,100 | $59,550 | $67,000 | $74,400 | $80,400 | $86,350 |