Bellingham, Washington Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Bellingham, Washington rental market.
Bellingham, Washington
Average Apartment Rent
$1,811
Y-o-Y Change in Average
Apartment Rent
0.5%
As of May 2026
Compared to a year ago, Bellingham, Washington apartments have recorded a 0.5% rent increase.
Bellingham, Washington Average apartment rent trend
Bellingham, Washington Average Apartment Rent
Bellingham, Washington Apartment rent ranges
At 51.76%, apartments priced $1,500 - $2,000 represent the bulk of Bellingham, Washington rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.39%.
Bellingham, Washington Housing tenure**
Renters take up 54% of Bellingham, Washington real estate, occupying a total of 21,821 units, while homeowners live in 18,264 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$46,214
Average household size of renter-occupied housing units**
2.08
Rental vacancy rate**
3.4%
Bellingham, Washington Renter-occupied housing units by no. of bedrooms**
There are 8,859 rentals in Bellingham, Washington with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 327 units. Overall, the median number of rooms in Bellingham, Washington homes for rent is 3.8.
Bellingham, Washington Renter-occupied units by age of householder**
Most condos for rent in Bellingham, Washington are occupied by residents in the 15 - 24 years age group (28%), followed by those in the 25 - 34 years age group (27%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Bellingham, Washington Renter-occupied housing units by family type**
Bellingham, Washington Renter-occupied housing units by the presence of own children**
A total of 6,281 apartments for rent in Bellingham, Washington, or 29% of all rentals are family households. Additionally, 14% of rental homes include children under the age of 18 – that’s 3,107 units. All in all, the median size of a renter-occupied household in Bellingham, Washington is 2.08.
Bellingham, Washington Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Bellingham, Washington.
Bellingham, Washington Renter-occupied units by year structure built**
The highest share of Bellingham, Washington apartment rentals, namely 19% or 4,045 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (17%, 3,679 units), and the ones Built 1970 - 1979 (16%, 3,450 units).
Bellingham, Washington Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Bellingham, Washington renters (42%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Bellingham, Washington condos for rent is 2018.
Bellingham, Washington Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Bellingham, Washington renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 14% have No vehicle available.
Bellingham, Washington Means of transportation to work of householders living in renter-occupied housing units**
Bellingham, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Bellingham, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
