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

Bellingham, WA has a median modeled monthly cash flow of $-2,299 and a median cap rate of 2.0%, on a median sold price of $660,000. Prices changed -1.5% 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 $660,000 (about $401 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.

$660,000Median sold price

$401Median $/sqft

2.0%Median cap rate

$-2,299Modeled cash flow / mo

-1.5%Appreciation YoY

12.1Months of supply

1,245Active listings

1,234Sold (last 12 mo)

What the Bellingham numbers say

In Bellingham, WA, the median home sold for $660,000 (about $401 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,299 of monthly cash flow. Sold prices moved -1.5% over the past year. Inventory sits at about 12.1 months of supply — a looser, buyer-friendly market. 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.