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Updated 1 hour ago

Best Unit In The Drake Building!


3111 Newmarket St #512 Bellingham, WA

1 Bed
1 Bath

846 Sq. Ft.

Available starting Jul. 1st
1 Bed • 1 Bath
$2,200
846 ft2
1 Available
Managed By: Hammer Properties NW, Inc
-
$2,200
Available Jul 1st, 2026
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Description

This top-floor, corner unit is a spacious 1 bdrm/1 that was designed for entertaining and has views for days! Located in the secure Drake Building in the Barkley Urban Village, this unit is the best of them all. You'll enjoy the views of Bellingham with a peek-a-boo view of the Bay.
The eastern and southern windows bathe the unit in natural light! This prime, central location is walkable and bikable to shopping, restaurants, the library, fitness centers, and medical care. The building has secure entry, there is 1 reserved spot in a secure parking garage, and the unit has a secure storage locker for extra goods, gear, and bikes.
RENT + UTILITIES: Tenants pay $2200 monthly rent, a $2200 security deposit, and a $200 nonrefundable carpet cleaning fee. The tenant is also responsible for electricity, natural gas, and wifi.
DEPOSITS, FEES, & PAYMENT SCHEDULE:
1. To reserve a unit: tenants must pay a NON-REFUNDABLE holding fee, which is 25% of the security deposit.
2. Once the lease is signed: tenants pay the prorated first month's rent.
3. Prior to lease start date: tenants pay the remaining 75% of the security deposit and the non-refundable carpet cleaning.
TENANT APPROVAL CRITERIA: $50 application fee. 650+ credit score and verifiable monthly income that is 3x the tenant’s portion of the rent. If not qualified (common for students), tenants must have co-signers.
CO-SIGNER APPROVAL CRITERIA: $50 application fee. 650+ credit score and verifiable monthly income that is 4x the tenant’s portion of the rent.
All terms are subject to change at any time. Extra occupants may increase the rent amount.* Showings will ONLY be conducted by Hammer Properties NW.
If interested, please submit an inquiry through this ad. We are not able to accept phone inquiries.
DISCLAIMER: Please visit the home website of Hammer Properties NW for the most up to date information regarding this listing.

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (360) 756-6500
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 250.0 20.0
ViaSat, Inc. 35.0 3.0
Sound Internet Services, Inc. 25.0 10.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Best Unit In The Drake Building! by bedroom type below.
1 Bedroom
Suggested income:
$79,200
per year
Rent report

Best Unit In The Drake Building! Rent vs. Bellingham Average

 Best Unit In The Drake Building!      Bellingham Average
1BR
$2,200
$1,611
$0
$750
$1,500
$2,250
$3,000

Best Unit In The Drake Building! is asking 37% more than the average 1 bedroom apartment in Bellingham.

If you upsized to an average priced Bellingham 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Bellingham studio apartment, you would pay 10% less per month.

Best Unit In The Drake Building! provides 38% more square footage than the average Bellingham 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Best Unit In The Drake Building!
1BR $2,200 $2.60 $6,600
Bellingham Average
Studio $1,466 $3.10 $4,398
1BR $1,611 $2.60 $4,833
2BR $2,087 $2.30 $6,260
3BR $2,584 $2.10 $7,752
4BR $3,432 $1.90 $10,295

Availability in Bellingham

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 383 2BR units on the market in Bellingham. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 22% 34% 20% 5%
Available Units in Bellingham
Studio 192
1BR 246
2BR 383
3BR 228
4BR 52
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Peacehealth St. Joseph Hospital 1.33 mi.
Island Hospital 20.24 mi.
Skagit Valley Hospital 25.07 mi.
Nearby Fire Stations
Name Distance
Whatcom County Fire District 8 2.09 mi.
Whatcom County Fire District 4 2.09 mi.
Whatcom County Fire District 10 2.09 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 01, 2026.
What's the square footage of the available units?
It's 846 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Best Unit In The Drake Building! has a 1 bedroom unit starting at $2,200.
Where is this property located?
This property is at 3111 Newmarket St #512 in Bellingham, WA. It's 2.2 miles northeast from the center of Bellingham.
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