Home/IN/Wells County
Wells County, IN
CountySAFMR
Found 21 ZIPs
BRFMR
Eff. Rent
0 BR$690 – $1,050$700 – $740
1 BR$730 – $1,100$690 – $870
2 BR$960 – $1,340$850 – $1,000
3 BR$1,160 – $1,690$1,020 – $1,230
4 BR$1,270 – $1,810$1,070 – $1,270
5 BR$1,633
6 BR$1,878
7 BR$2,160
8 BR$2,484

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.74ratio
FMR$720
Market$970
vs market-$250

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.81ratio
FMR$710
Market$880
vs market-$170

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.96ratio
FMR$700
Market$730
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
Studio· 1 ZIP
1.05ratio
FMR$870
Market$830
vs market+$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.74–1.05
1 BR
1 BR· 1 ZIP
0.76ratio
FMR$730
Market$960
vs market-$230

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 2 ZIPs
0.91–0.94ratio range
Median FMR$885
Median Market$960
vs market-$75

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
1 BR· 1 ZIP
1.12ratio
FMR$770
Market$690
vs market+$80

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.76–1.12
2 BR
2 BR· 1 ZIP
0.86ratio
FMR$960
Market$1,120
vs market-$160

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.95ratio
FMR$960
Market$1,010
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 2 ZIPs
1.13–1.15ratio range
Median FMR$1,025
Median Market$900
vs market+$125

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.86–1.15
3 BR
3 BR· 1 ZIP
0.98ratio
FMR$1,160
Market$1,180
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.07ratio
FMR$1,350
Market$1,260
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.15ratio
FMR$1,230
Market$1,070
vs market+$160

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
3 BR· 1 ZIP
1.24ratio
FMR$1,260
Market$1,020
vs market+$240

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.98–1.24
4 BR
4 BR· 1 ZIP
1.07ratio
FMR$1,340
Market$1,250
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 2 ZIPs
1.11ratio range
Median FMR$1,375
Median Market$1,235
vs market+$140

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
4 BR· 1 ZIP
1.32ratio
FMR$1,410
Market$1,070
vs market+$340

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
1.07–1.32
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Wells County, IN (IN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.