A fuel cell system capable of carrying out a proper current limiting even when decreasing a cell voltage through, e.g., a rapid warm-up is provided. When a rapid warm-up is started, an acceptable cell-voltage value setting part sets a acceptable lowest-cell-voltage value in accordance with the operation state of a fuel cell. Meanwhile, a target cell-voltage value setting part sets an initial value for a target lowest-cell-voltage value. The target cell-voltage value setting part then compares a lowest cell voltage detected by a cell monitor with the set target lowest-cell-voltage value, and judges whether or not the lowest cell voltage is near the target lowest-cell-voltage value continuously for a given time period. If the result of the judgment is positive, the target cell-voltage value setting part updates the target lowest-cell-voltage value with a value obtained by decreasing the target lowest-cell-voltage value only by an update width.