Trying to find an affordable apartment or rental seems impossible these days, but some areas of Whatcom County are starting to see declines in rental prices.
Rental costs in the 98225 postcode area of Bellingham rose in August, with a median rental cost of $1,850, according to RentHub, a rental housing data company. RentHub reviews prices for houses, multiplexes and apartments of all bed/bathroom sizes.
The 98226 Bellingham postcode saw a slight drop in median rental prices between July and August for all rental properties. The median August rental cost was $1,757, up from $1,900.
Rental prices have also increased significantly throughout the past year in the 98225 zip code.
The median rent price in August was $1,850 in the 98225 ZIP code, a 27.59% increase since August 2021.
The median rental price for the 98226 zip code was $1,757 in August, an increase of just 3.35% from prices last August.
The average rent for a one-bedroom apartment in Bellingham ranged from $1,295 to $1,300 in August, according to a report by Zumper.com. A two-bedroom apartment averaged $1,825.
The current average rent for a two-bedroom apartment in Bellingham as of September 9 is $1,850 per month, a 16% increase from last year, according to Zumper.