Park Place Apartments
3928 Northwest Ave,
Bellingham, WA 98226
Studio - 2 Beds | $1,495 - $2,395
Rental Market Trends in Bellingham, WA
What is the average rent in Bellingham, WA?
$1,510/month
Average Rent
603 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of March 2025, the average rent in Bellingham, WA is $1,510 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Bellingham rent prices are 3% lower than the national average. When you rent an apartment in Bellingham, you can expect to pay about $1,345 per month for a studio, $1,510 for a one-bedroom apartment, and around $1,846 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,317 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bellingham, WA?
In the past year, rent has increased by 1.3%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Bellingham, WA
Last Updated March 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
4%
$700 - $1,000/month
28%
$1,001 - $1,500/month
46%
$1,501 - $2,000/month
21%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bellingham?
Based on current rent prices, Happy Valley, Samish Hill and South Hill are the most affordable neighborhoods in Bellingham.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bellingham?
Based on current rent prices, Fairhaven, North Bellingham and Bellingham/Northwest are the most expensive neighborhoods in Bellingham.
Neighborhood
Average Rent
Average Sq Ft
Which Bellingham neighborhoods have the most rentals available?
The neighborhoods in Bellingham with the most apartments available are Happy Valley, Bellingham/Northwest and Samish Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bellingham, WA?
Because the average rent in Bellingham is $1,510, you’ll want to make about $5,033 per month or $60,396 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Bellingham, WA is 23.1% higher than the national average. Generally, housing in Bellingham is 42.9% more expensive than the national average, with rent falling between $1,345 - $2,317. You can expect to pay 8.8% more for groceries, 6.4% less for utilities, and 24.2% more for transportation.
How does Bellingham, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Bellingham, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,518/month
$1,503/month
One Bedroom
$1,303/month
$1,847/month
Two Bedroom
$1,680/month
$2,389/month
Three Bedroom
$2,410/month
$3,106/month
Nearby City Rent Trends
Apartment communities in Bellingham we think you'll love
Property Management Companies in Bellingham, WA
PTLA Real Estate Group
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25
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1,902
Units
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6
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12 Communities in Bellingham
FPI Management
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615
Communities
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105,593
Units
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216
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1 Community in Bellingham
Inland Group
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36
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5,940
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33
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1 Community in Bellingham
11Residential
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43
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3,885
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30
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1 Community in Bellingham
Campus Advantage
-
34
Communities
-
7,243
Units
-
29
Cities
1 Community in Bellingham
Devco Residential Group
-
43
Communities
-
9,914
Units
-
23
Cities
1 Community in Bellingham
Olympic Management Company
-
49
Communities
-
4,031
Units
-
20
Cities
1 Community in Bellingham
Blanton Turner
-
31
Communities
-
4,118
Units
-
13
Cities
1 Community in Bellingham
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.