Wells County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Wells County is about $564 per month. This puts it in the 23rd percentile compared to the state average cost of rent, which is $890. Households in Wells County have a median income of $4,830 per month so the average renter in Wells County is spending roughly 12% of their earnings on housing.
Nationally, and in Wells County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wells County is $118,537 right now, which is lower than nearby counties, meaning that rents in Wells County also tend to be lower versus these nearby counties.
Higher rent prices are common in the southeastern parts of Wells County while lower rent rates are often available in central areas.
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