Bellingham
Washington · Ranked #330 of 373 metros
38Crisis
💡
Housing in Bellingham costs 8.16× the median income, above the national average of 4.5×. The median home price is $611K and median rent is $1,497/month. Bellingham ranks #330 of 373 metros for affordability.
Median Home Price
🏠$611K
Need $181K income
Median Rent
🔑$1,497
Need $60K income
Building Permits
🔨1,190
annual
Median Income
💰$75K
Pop: 236,426
Rent Burden
⚠️29.7%
of renters paying >30%
Homeownership
🏡63.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Bellingham | National |
|---|---|---|
| Price-to-Income Ratio | 8.16x | 6.1x |
| Rent Burden | 29.7% | 31.5% |
| Homeownership Rate | 63.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +61.2%Since 2000: +334.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,463/mo
1 Bedroom$1,493/mo
2 Bedroom$1,794/mo
3 Bedroom$2,495/mo
4 Bedroom$3,010/mo
Zillow Market Data
Home Value (ZHVI)
$607K
1yr: +0.6%5yr: +29.1%
Rent (ZORI)
$1,922/mo
1yr: +2.6%5yr: +33.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$355K
Active Inventory
107
Days on Market
46
Sold Above List
33.3%
Price Drops
21.5%