Housing in Wells County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Wells County averages $813/month for a 2‑bedroom in 2024, compared to the Indiana median of $1,062 and the national median of $1,413. Local renters spend approximately 24% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Wells County FMR Area are $777 for a studio, $782 for 1‑bedroom, $1,026 for 2‑bedroom, $1,246 for 3‑bedroom, and $1,442 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $213 increase for a 2-bedroom in Wells County shows a 26% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Wells County was 3.5% in 2024, compared to Indiana at 4.2% and the national rate of 4.0%.

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