Apartments in Puget Bellingham

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$1,805
2518 Meridian St Bellingham, WA
2 BR | Available Now
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$2,650
Bellingham, WA
3 BR | Available Now
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Alabama Hill
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$1,600
1126 22nd St Bellingham, WA
2 BR | Available Now
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$1,625
Bellingham, WA
1 BR | Available Now
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$1,900
2011 Knox Bellingham, WA
2 BR | Available Now
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9
$1,850
2609 Meridian St Bellingham, WA
2 BR | Dec. 24, 2024
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$2,500
1315 22nd St Bellingham, WA
3 BR | Available Now
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10
$1,695
2102 Harris Ave Bellingham, WA
2 BR | Available Now
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2
$2,500
Bellingham, WA
3 BR | Available Now
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$2,700
1904 Mill Ave Bellingham, WA
3 BR | Available Now
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22
$2,650
2707 Connelly Ave Bellingham, WA
3 BR | Jan. 1, 2025
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1
$1,775
Bellingham, WA
2 BR | Available Now
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20
$2,195
Bellingham, WA
2 BR | Available Now
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Fairhaven
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Bellingham:
November Rent Report

Welcome to the November 2024 Bellingham Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Bellingham rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Bellingham and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Bellingham average rent prices in the chart below.

Monthly Rent Report

$2,100
$1,580
$1,050
$530
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Bellingham Rent Prices Decrease From October to November

Bellingham rent prices decreased over the last month. From October to November, the city experienced a -1.78% decrease for the price of a one-bedroom apartment. The rent price for a Bellingham one-bedroom apartments currently stands at $1,488.0.

When we take a look at the two-bedroom comparison from October to November, Bellingham experienced a -0.41% decrease for the price of a two-bedroom apartment. The rent price for a Bellingham two-bedroom apartments currently stands at $1,922.0.

November Prices: Bellingham vs. Surrounding Areas

Blaine, WA
Friday Harbor, WA
Sumas, WA
Bellingham, WA
Ferndale, WA
Lynden, WA
$2,099
$2,001
$1,979
$1,515
$1,375
$1,375
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Bellingham and Surrounding Areas

Rent prices have decreased in Bellingham over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Bellingham suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Lynden, WA, Friday Harbor, WA, Sumas, WA .

  • Rent decreased in Ferndale, WA, Blaine, WA.

  • 3 suburbs are currently priced higher than the city of Bellingham.

  • 2 suburbs are currently priced lower than the city of Bellingham.

November 2024 Pricing Trends: Bellingham vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Bellingham, WA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,515
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Bellingham Rent Prices More Affordable Than Major Cities

Rent growth in Bellingham over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Bellingham average rent prices appear to be relatively affordable for local residents.

The price for a Bellingham one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Bellingham and surrounding area rent prices, take a look at the complete data set below.

Data set for Bellingham and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Bellingham, WA $1,515.0 1.34% $1,930.0 4.61%
Ferndale, WA $1,375.0 0.00% $2,218.0 -1.16%
Lynden, WA $1,375.0 1.78% $1,729.0 -0.69%
Blaine, WA $2,099.0 0.00% $2,293.0 2.05%
Friday Harbor, WA $2,001.0 0.40% $2,432.0 0.54%
Sumas, WA $1,979.0 21.56% $2,048.0 12.10%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.