Is Bellingham, WA a good place to invest in rental property?

Bellingham, WA has a median modeled monthly cash flow of $-2,272 and a median cap rate of 2.0%, on a median sold price of $655,000. Prices changed -4.1% year over year.

What is the average cap rate in Bellingham, WA?

The median cap rate across recently sold homes in Bellingham, WA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bellingham, WA?

The median sold price in Bellingham, WA is $655,000 (about $400 per square foot).

Investing in Bellingham, WA Real Estate

A data-driven snapshot of the Bellingham, WA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$655,000Median sold price

$400Median $/sqft

2.0%Median cap rate

$-2,272Modeled cash flow / mo

-4.1%Appreciation YoY

6.1Months of supply

586Active listings

1,161Sold (last 12 mo)

What the Bellingham numbers say

In Bellingham, WA, the median home sold for $655,000 (about $400 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,272 of monthly cash flow. Sold prices moved -4.1% over the past year. Inventory sits at about 6.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Washington markets to compare

See Bellingham cash-flowing listings

CashFlowRE ranks every for-sale home in Bellingham, WA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bellingham deals, or browse the national market data.