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Bellingham, WA

Full City Profile · Washington · Island County County

2.8 /5.0
C+ Fair
92,367 Population 3,275/sq mi density
$65,821 Median Income $42,120 per capita
$577,400 Home Value $658,167 Zillow
$1,478 Median Rent 37.3% income on rent
52°F Avg Temperature 233 sunny days/yr
273 Violent Crime/100K 2,926 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$65,821 median income, 3.7% unemployment
D
Affordability
1.7 / 5.0
$577,400 home value, $1,478/mo rent
F
Safety
1.0 / 5.0
273 violent crimes/100K
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher

Housing Overview

Median Home Value
$577,400
105% above
US avg: $281,900
Median Rent
$1,478/mo
27% above
US avg: $1,163/mo
Homeownership Rate
45.2%
31% below US avg (65.4%)
Total Housing Units
42,358
Median year built: 1985

Home Value by Source

Census Median
$577,400
Zillow (ZHVI)
$658,167
Median Sale Price
$642,780
Median List Price
$645,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

45.2%
Owner-Occupied
54.8%
Renter-Occupied
45%
55%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,478/mo · Zillow rent: $1,908/mo

Market Indicators (Redfin)

Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
64
Price Drops
21.7%
of listings with price reduction
Price Per Sq Ft
$396
Active Inventory
157
homes for sale

Affordability & Housing Stock

Rent Burden
37.3%
of renters spending 30%+ of income on housing
20% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
45.2%

Complete Housing Data

Home Values

Census Median Value$577,400
Zillow Home Value (ZHVI)$658,167
Median Sale Price$642,780
Median List Price$645,000
Price Per Sq Ft$396

Rent

Census Median Rent$1,478
Zillow Rent (ZORI)$1,908
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market34
Sale-to-List Ratio1.0%
Price Drops21.7%
Homes Sold64
Active Inventory157
Price Per Sq Ft$396

Ownership & Stock

Owner-Occupied45.2%
Renter-Occupied54.8%
Homeownership Rate45.2%
Total Housing Units42,358
Median Year Built1985
Rent Burden37.3%