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RentData.org Logo Wells County Fair Market Rent FY 2023 Wells County, IN Rental Data

Fair Market Rent Prices in Wells County, IN :
$583 $635 $836 $1,017 $1,223
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Wells County are low compared to the national average. This FMR area is less expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Wells County is $836 per month.

The previous year, rent for a two-bedroom home was $739 per month. This is a 13.13% increase year-over-year.

This FMR rate applies to Petroleum, IN, Liberty Center, IN, Keystone, IN, Poneto, IN, Uniondale, IN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY18179N18179.

Additionally, This Fair Market Rent (FMR) area Wells County, IN spans one county or city in Indiana which is listed in the table below. Estimated population of Wells County, IN FMR area is 28,010 people based on latest Census data.

Compared to the rest of Indiana, the Wells County FMR area is less expensive than 82% of the state.

Indiana Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Wells County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Wells County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 613
1-BR 1-Bedroom $ 668
2-BR 2-Bedroom $ 879
3-BR 3-Bedroom $ 1070
4-BR 4-Bedroom $ 1286
Change Year:
2022 2023 2024 2025

There is just one county (listed below) within the Wells County, IN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Ft. Wayne.

County / Region Est. Population
Wells County, IN 28,010
Zip Codes in Wells County, IN

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

46759, 46766, 46778, 46781 and 46791

Lookup Fair Market Rent by Zip Code

What's Next?

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