Property Prices in Bellingham, WA, United States

Index Info
Price to Income Ratio: 4.86
Mortgage as Percentage of Income: 44.33%
Loan Affordability Index: 2.26
Price to Rent Ratio - City Centre: 11.29
Price to Rent Ratio - Outside of Centre: 13.04
Gross Rental Yield (City Centre): 8.86%
Gross Rental Yield (Outside of Centre): 7.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,734.57 $ 1,500.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,452.14 $ 1,300.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,780.00 $ 2,500.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 2,513.33 $ 2,430.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 377.31 $ 363.99-383.97
Price per Square Feet to Buy Apartment Outside of Centre 377.31 $ 363.99-383.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,175.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 6.19-6.80

These data are based on 77 entries in the past 18 months from 23 different contributors.
Last update: March 2025

Sources and References
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