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Average Rent in Happy Valley, Bellingham, WA

Home  »  WA  »  Bellingham  »  Happy Valley

Current Versus Historical Happy Valley, Bellingham, WA Rents

Happy Valley rentals average $1,300 for a studio rental to $3,350 for a 4-bedroom rental. The median price of all currently available listings is $1,725, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $114 (9.43%) year-over-year from $1,211 to $1,325. 1-bedroom rentals prices have increased by $38 (2.75%) year-over-year from $1,363 to $1,400. 2-bedroom rentals prices have increased by $114 (6.87%) year-over-year from $1,661 to $1,775. 3-bedroom rentals prices have increased by $175 (7.22%) year-over-year from $2,425 to $2,600. 4-bedroom rentals prices have increased by $392 (12.70%) year-over-year from $3,083 to $3,475. 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 4.61% this month. 1-bedroom rents have gone down by 2.89% this month. 2-bedroom rents have gone down by 1.62% this month. 3-bedroom rents have gone up by 5.80% this month. 4-bedroom rents have gone up by 2.96% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.88 $1,325 $1,211 (9.43%) $777 (70.57%)
1 BR $2.40 $1,400 $1,363 (2.75%) $1,066 (31.37%)
2 BR $2.18 $1,775 $1,661 (6.87%) $1,333 (33.21%)
3 BR $2.26 $2,600 $2,425 (7.22%) $1,928 (34.89%)
4+ BR $2.13 $3,475 $3,083 (12.70%) $2,633 (31.96%)

Historical Rents in Happy Valley, Bellingham, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Happy Valley

There are a total of 1 cities nearby Happy Valley. The average rent in Happy Valley is currently $1,900 per month. 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 Happy Valley, Bellingham, WA is Bellingham, WA. Monthly rents here are on average $1,900 per month.

Let's compare Happy Valley, Bellingham, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Happy Valley, Bellingham, WA is 0.77% more expensive than other cities nearby. One bedrooms are about 1.72% more affordable. Two bedrooms in Happy Valley, Bellingham, WA are about 1.99% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 1 cities near Happy Valley, Bellingham, 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 Happy Valley

There are a total of 1 neighborhoods in or near Happy Valley. We've included all of these top 1 neighborhoods in or near Happy Valley, Bellingham, WA in the following chart.

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

Top Counties Near Happy Valley

There are a total of 1 counties located by Happy Valley, Bellingham, WA.

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

Top Zipcodes Near Happy Valley

There are a total of 2 zipcodes in or near Happy Valley, Bellingham, WA. The average rent for all of these zipcodes is $1,875.

The following chart includes the top 2 zipcodes in Happy Valley, Bellingham, WA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
98225, WA $1,290 $1,463 $1,800 $1,900
98226, Whatcom County, WA $1,275 $1,600 $1,800 $1,850

Frequently Asked Questions - Happy Valley Average Rents

What is the average rent price in Happy Valley, Bellingham, WA?
The average monthly rental price for Happy Valley, Bellingham, WA apartments for rent is approximately $1,725. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Happy Valley, Bellingham, 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 Happy Valley, Bellingham, WA.
How much is a studio apartment in Happy Valley, Bellingham, WA?
The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $2.88. There are a total of 14 studio apartment listings currently available for rent in Happy Valley.
How much is a one bedroom apartment in Happy Valley, Bellingham, WA?
The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $2.40. There are a total of 13 one bedroom apartment listings currently available for rent in Happy Valley.
How much is a two bedroom apartment in Happy Valley, Bellingham, WA?
The average monthly rental price for two bedroom apartments is $1,763 and an average price per square feet of $2.18. There are a total of 26 two bedroom apartment listings currently available for rent in Happy Valley.
How have rent prices in Happy Valley, Bellingham, WA changed this year?
Rent prices for rentals in Happy Valley, Bellingham, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Happy Valley, Bellingham, WA?
A reasonable rent price in Happy Valley, Bellingham, WA is around $1,380/month. You can search for these reasonably priced rental listings on RentHop.
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