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These days, finding an affordable place to live in the Bellingham area can be challenging. Home prices in Bellingham are now at a median cost of $607,438, lower than the Washington average of $621,115.
The average cost of rent is $1,680/mo in Bellingham, primarily driven by the current value of real estate in the Bellingham area. In Bellingham, 47.78% of households rent, and 41.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bellingham is $6,854 per month. Households that rent pay about 24.51% of their income on rent here. Bellingham’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Silver Beach, WA: less expensive homes
- Edgemoor, WA: higher priced homes
- Sudden Valley, WA: less expensive homes
- Marietta, WA: less expensive homes
- Lummi Island, WA: less expensive homes
- Strandell, WA: higher priced homes
- Ferndale, WA: equally priced homes
- Lawrence, WA: equally priced homes
- Snug Harbor, WA: equally priced homes
- Wickersham, WA: less expensive homes
Cities with Similar Populations
- Suffolk, VA: less expensive homes
- Silver Spring, MD: equally priced homes
- Santa Barbara, CA: higher priced homes
- Seattle, WA: higher priced homes
- San Pedro, CA: higher priced homes
- Santa Clarita, CA: higher priced homes
- Simpsonville, SC: less expensive homes
- Simi Valley, CA: higher priced homes
- San Mateo, CA: higher priced homes
- Scranton, PA: less expensive homes
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