Finding affordable accommodation can be difficult, but recent changes in Bellingham rental prices may offer some hope for those in need of accommodation.
According RentHub, a rental housing data company. RentHub reviews prices for houses, multiplexes and apartments of all bed/bathroom sizes.
RentHub did not collect data in October for median rental prices for ZIP code 98226, but in September the median rental cost was $1,950, up from $1,819 in August.
Compared to October 2021, rental prices have risen sharply in the 98225 ZIP Code by 18.5% in October 2022, with an average median rent of $1,600.
Rental prices in the 98229 zip code saw a larger increase from October 2021, jumping 20% in October 2022 with a median rental price of $1,800.
Bellingham rental prices have seen some change over the past month, with the average rent for a studio falling by 7%, while the average rent for a one-bedroom apartment has risen by 3%. The average rent for a two-bedroom apartment has not changed, according to a report from Zumper.com.
The average rent for a one-bedroom apartment in Bellingham ranged between $1,295 and $1,325 in October, according to Zumper. A two-bedroom apartment averaged $1,850, the same price as the September average.
The current average rent for a two-bedroom apartment in Bellingham as of October 29 is $1,850 per month, a 23% increase from last year, according to Zumper.