Average Rent in 98225, WA

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Current Versus Historical 98225, WA Rents

98225 rentals average $1,290 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $1,900, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $134 (11.27%) year-over-year from $1,191 to $1,325. 1-bedroom rentals prices have increased by $92 (6.75%) year-over-year from $1,358 to $1,450. 2-bedroom rentals prices have increased by $67 (3.85%) year-over-year from $1,733 to $1,800. 3-bedroom rentals prices have increased by $151 (6.16%) year-over-year from $2,449 to $2,600. 4-bedroom rentals prices have decreased by $100 (-2.78%) year-over-year from $3,600 to $3,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.95% this month. 1-bedroom rents have gone down by 1.14% this month. 2-bedroom rents have gone down by 2.17% this month. 3-bedroom rents have gone up by 3.59% this month. 4-bedroom rents have gone down by 6.25% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.05 $1,325 $1,191 (11.27%) $1,164 (13.83%)
1 BR $2.50 $1,450 $1,358 (6.75%) $1,117 (29.85%)
2 BR $2.23 $1,800 $1,733 (3.85%) $1,367 (31.71%)
3 BR $2.33 $2,600 $2,449 (6.16%) $1,982 (31.20%)
4+ BR $2.30 $3,500 $3,600 (-2.78%) $3,000 (16.67%)

Historical Rents in 98225, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 98225

There are a total of 1 cities nearby 98225. The average rent in 98225 is currently $1,900 per month. Only one city nearby has an average rent lower than that. Our records show that Bellingham, WA, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 98225, WA is Bellingham, WA. Monthly rents here are on average $1,900 per month.

Let's compare 98225, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98225, WA is on par with the other cities nearby. One bedrooms are about 0.85% more affordable. Two bedrooms in 98225, WA are about 0.14% more expensive. Finally, rent for three bedrooms are about 3.85% more expensive. Want more information? Check out the top 1 cities near 98225, WA in the following chart.
City Studio 1 Bed 2 Bed All
Bellingham, WA $1,290 $1,475 $1,798 $1,900

Top Neighborhoods Near 98225

There are a total of 2 neighborhoods in or near 98225. We've included all of these top 2 neighborhoods in or near 98225, WA in the following chart.

The average rent for these 2 neighborhoods in or near 98225, WA is currently around $2,138 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 98225's average rent, which is only $1,900. Out of all the neighborhoods in or near 98225, Happy Valley has the most affordable average rent at $1,725 per month. Whereas, at $2,550 average rent per month, Sehome is the most expensive neighborhood in or near 98225. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Happy Valley, Bellingham, WA $1,300 $1,450 $1,763 $1,725
Sehome, Bellingham, WA $1,300 $1,350 $1,895 $2,550

Top Counties Near 98225

There are a total of 2 counties located by 98225, WA.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 98225

There is one zipcode in or near 98225, WA. The average rent for this zipcode is $1,850.

The following chart includes the zipcode in or near 98225, WA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
98226, Whatcom County, WA $1,275 $1,600 $1,800 $1,850

Frequently Asked Questions - 98225 Average Rents

What is the average rent price in 98225, WA?
The average monthly rental price for 98225, WA apartments for rent is approximately $1,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 98225, WA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 98225, WA.
How much is a studio apartment in 98225, WA?
The average monthly rental price for studio apartments is $1,290 and an average price per square feet of $3.05. There are a total of 38 studio apartment listings currently available for rent in 98225.
How much is a one bedroom apartment in 98225, WA?
The average monthly rental price for one bedroom apartments is $1,463 and an average price per square feet of $2.50. There are a total of 44 one bedroom apartment listings currently available for rent in 98225.
How much is a two bedroom apartment in 98225, WA?
The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $2.23. There are a total of 65 two bedroom apartment listings currently available for rent in 98225.
How have rent prices in 98225, WA changed this year?
Rent prices for rentals in 98225, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 98225, WA?
A reasonable rent price in 98225, WA is around $1,520/month. You can search for these reasonably priced rental listings on RentHop.
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