Wells County, IN HUD Metro FMR Area · FY2026 area median income $93,000 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $325 | $488 | $651 | $813 | $976 | $1,139 | $1,302 |
| 1BR | $348 | $523 | $697 | $871 | $1,046 | $1,220 | $1,395 |
| 2BR | $418 | $627 | $837 | $1,046 | $1,255 | $1,464 | $1,674 |
| 3BR | $483 | $725 | $967 | $1,209 | $1,451 | $1,693 | $1,935 |
| 4BR | $539 | $809 | $1,079 | $1,348 | $1,618 | $1,888 | $2,158 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $19,530 | $32,550 | $39,060 | $52,080 |
| 2 persons | $22,320 | $37,200 | $44,640 | $59,520 |
| 3 persons | $25,110 | $41,850 | $50,220 | $66,960 |
| 4 persons | $27,900 | $46,500 | $55,800 | $74,400 |
| 5 persons | $30,150 | $50,250 | $60,300 | $80,400 |
| 6 persons | $32,370 | $53,950 | $64,740 | $86,320 |
| 7 persons | $34,620 | $57,700 | $69,240 | $92,320 |
| 8 persons | $36,840 | $61,400 | $73,680 | $98,240 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Wells County to see the sources and uses, bond test, DSCR, and funding gap using these rents.