Property Prices in Bellingham, WA, United States

Index Info
Price to Income Ratio: 4.83
Mortgage as Percentage of Income: 44.04%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 11.24
Price to Rent Ratio - Outside of Centre: 13.23
Gross Rental Yield (City Centre): 8.90%
Gross Rental Yield (Outside of Centre): 7.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,677.43 $ 1,500.00-1,850.00
Apartment (1 bedroom) Outside of Centre 1,437.86 $ 1,200.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,933.33 $ 2,750.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 2,463.33 $ 2,400.00-2,500.00
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) 4,202.88 $
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 24 different contributors.
Last update: January 2025

Sources and References
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