Metro FMR area · IN · HUD FY 2027

Wells County, IN Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Wells County, IN area is $1,102 a month, 15% below the Indiana average and 37% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 21 ZIP codes range from $1,010 to $1,450.

$1,1022-bedroom FMR+$111 (+11.2%) vs FY 2026
$8421-bedroom FMRU.S.: $1,478
$44,080Income for a 2-bedroomat 30% of income
28,420Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,102/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Wells County, IN FMR	$1,102	$44,080	–
Indiana average	$1,302	$52,071	–
U.S. average	$1,761	$70,432	–

Wells County, IN Fair Market Rents, FY 2027 vs FY 2026
Unit	Wells County, IN FY 2027	FY 2026	Change	Indiana avg	U.S. avg	Income needed
Studio	$837	$750	+$87 (+11.6%)	$1,005	$1,379	$33,480
1 bedroom	$842	$755	+$87 (+11.5%)	$1,082	$1,478	$33,680
2 bedrooms	$1,102	$991	+$111 (+11.2%)	$1,302	$1,761	$44,080
3 bedrooms	$1,342	$1,203	+$139 (+11.6%)	$1,642	$2,266	$53,680
4 bedrooms	$1,535	$1,393	+$142 (+10.2%)	$1,904	$2,607	$61,400

Counties in this FMR area

Counties in the Wells County, IN FMR area
County	Residents in area
Wells County, IN	28,420

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,050.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Wells County, IN
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
46714	$800	$810	$1,050	$1,280	$1,460	+$90 (+9.4%)	5% below
46731	$830	$870	$1,090	$1,340	$1,520	+$90 (+9.0%)	1% below
46733	$760	$940	$1,020	$1,290	$1,420	+$60 (+6.2%)	7% below
46740	$760	$930	$1,010	$1,290	$1,420	+$50 (+5.2%)	8% below
46759	$770	$810	$1,020	$1,290	$1,480	+$50 (+5.2%)	7% below
46766	$810	$820	$1,060	$1,310	$1,530	+$70 (+7.1%)	4% below
46770	$780	$790	$1,030	$1,270	$1,490	+$60 (+6.2%)	7% below
46777	$900	$910	$1,190	$1,450	$1,660	+$120 (+11.2%)	8% above
46778	$800	$810	$1,050	$1,280	$1,460	+$90 (+9.4%)	5% below
46781	$770	$780	$1,010	$1,230	$1,420	+$50 (+5.2%)	8% below
46783	$840	$850	$1,060	$1,340	$1,560	+$60 (+6.0%)	4% below
46791	$960	$960	$1,260	$1,530	$1,750	+$120 (+10.5%)	14% above
46792	$860	$880	$1,140	$1,470	$1,810	+$40 (+3.6%)	3% above
46798	$1,190	$1,190	$1,450	$1,780	$1,950	+$110 (+8.2%)	32% above
46799	$890	$900	$1,150	$1,410	$1,620	+$90 (+8.5%)	4% above
46819	$980	$980	$1,190	$1,460	$1,600	+$100 (+9.2%)	8% above
46952	$750	$800	$1,010	$1,340	$1,500	+$50 (+5.2%)	8% below
46991	$820	$880	$1,110	$1,450	$1,630	+$70 (+6.7%)	1% above
47326	$760	$790	$1,010	$1,330	$1,350	+$50 (+5.2%)	8% below
47348	$760	$780	$1,010	$1,380	$1,600	+$50 (+5.2%)	8% below
47359	$760	$780	$1,010	$1,350	$1,560	+$30 (+3.1%)	8% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.