How many apartments are available in Whatcom Falls on Rentable.co?

Rentable.co has over 1 apartment available near Whatcom Falls.

How many apartments are available in Bellingham, WA on Rentable.co?

Rentable.co has over 8,135 apartments available in Bellingham.

What is the average rent for a studio apartment in Bellingham, WA?

The average rent for a <a href='/bellingham-wa/studio-apartments-for-rent' >studio apartment</a> in Bellingham is around $1,350 per month.

What is the average rent for a one-bedroom apartment in Bellingham, WA?

The average rent for a <a href='/bellingham-wa/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Bellingham is around $1,530 per month.

What is the average rent for a two-bedroom apartment in Bellingham, WA?

The average rent for a <a href='/bellingham-wa/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Bellingham is around $1,850 per month.

How expensive is it to rent an apartment in Bellingham, WA?

For a two-bedroom apartment in Bellingham, the average rent price is $1,850 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Bellingham, WA?

Based on average rent prices in Bellingham, to afford a <a href='/bellingham-wa/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $54,000 to live comfortably.

Apartments in Whatcom Falls Bellingham

Bellingham:
May Rent Report

Welcome to the May 2024 Bellingham Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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

$2,250

$1,690

$1,130

$560

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Bellingham Rent Prices Decrease From April to May

Bellingham rent prices decreased over the last month. From April to May, the city experienced a -0.98% decrease for the price of a one-bedroom apartment. The rent price for a Bellingham one-bedroom apartments currently stands at $1,521.0.

When we take a look at the two-bedroom comparison from April to May, Bellingham experienced a -1.34% decrease for the price of a two-bedroom apartment. The rent price for a Bellingham two-bedroom apartments currently stands at $1,834.0.

May Prices: Bellingham vs. Surrounding Areas

Blaine, WA

Friday Harbor, WA

Sumas, WA

Bellingham, WA

Lynden, WA

$2,082

$1,949

$1,550

$1,536

$1,334

$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, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Blaine, WA, Friday Harbor, WA, Lynden, WA .
Rent decreased in Sumas, WA.
3 suburbs are currently priced higher than the city of Bellingham.
1 suburb is currently priced lower than the city of Bellingham.

May 2024 Pricing Trends: Bellingham vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Bellingham, WA

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,536

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

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 May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Bellingham, WA	$1,536.0	-0.97%	$1,859.0	-2.77%
Blaine, WA	$2,082.0	1.02%	$2,473.0	-1.20%
Friday Harbor, WA	$1,949.0	0.41%	$2,347.0	2.71%
Lynden, WA	$1,334.0	1.21%	$1,702.0	1.79%
Sumas, WA	$1,550.0	-6.57%	$1,958.0	1.29%

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.