Bellingham, WA Metro Area - Investment Guide
Metro Area • 10 Cities • 12 ZIP Codes
Avg Home Value
$547,557
Avg Monthly Rent
$1,715
Avg Cap Rate
2.50%
Avg Investability
2.8 ★
Cities
10
ZIP Codes
12
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Bellingham, WA Metro Area
Even conditions for buyers and sellers
48 days
Average time to sell
Average
9.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Bellingham, WA
Every ZIP in the metro, ranked four ways. Free.
Cities in Bellingham, WA
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 98240 | Custer | WA | $661,382 | $1,575 | 1.86% | |
| 98276 | Nooksack | WA | $510,026 | $1,782 | 2.73% | |
| 98281 | Point Roberts | WA | $389,465 | $1,332 | 2.67% | |
| 98244 | Deming | WA | $331,199 | $1,332 | 3.14% | |
| 98248 | Ferndale | WA | $620,457 | $2,026 | 2.55% | |
| 98295 | Sumas | WA | $442,968 | $1,386 | 2.44% | |
| 98225 | Bellingham | WA | $670,506 | $1,867 | 2.17% | |
| 98226 | Bellingham | WA | $654,436 | $2,038 | 2.43% | |
| 98264 | Lynden | WA | $624,041 | $1,991 | 2.49% | |
| 98229 | Bellingham | WA | $701,760 | $2,196 | 2.44% | |
| 98266 | Maple Falls | WA | $386,800 | $1,422 | 2.87% | |
| 98220 | Acme | WA | $489,521 | $1,422 | 2.27% | |
| 98276 | Nooksack | WA | $516,272 | $1,782 | 2.69% | |
| 98281 | Point Roberts | WA | $400,058 | $1,332 | 2.60% | |
| 98225 | Bellingham | WA | $658,752 | $1,820 | 2.15% | |
| 98248 | Ferndale | WA | $623,542 | $2,023 | 2.53% | |
| 98295 | Sumas | WA | $456,550 | $1,625 | 2.78% | |
| 98226 | Bellingham | WA | $637,661 | $2,029 | 2.48% | |
| 98229 | Bellingham | WA | $688,072 | $2,207 | 2.50% | |
| 98264 | Lynden | WA | $630,484 | $1,962 | 2.43% | |
| 98240 | Custer | WA | $639,389 | $1,575 | 1.92% | |
| 98266 | Maple Falls | WA | $388,702 | $1,422 | 2.85% | |
| 98276 | Nooksack | WA | $519,626 | $1,782 | 2.67% | |
| 98244 | Deming | WA | $324,162 | $1,332 | 3.21% | |
| 98248 | Ferndale | WA | $610,201 | $2,078 | 2.66% | |
| 98281 | Point Roberts | WA | $403,308 | $1,332 | 2.58% | |
| 98225 | Bellingham | WA | $676,918 | $1,916 | 2.21% | |
| 98226 | Bellingham | WA | $652,912 | $2,036 | 2.43% | |
| 98264 | Lynden | WA | $614,017 | $1,880 | 2.39% | |
| 98295 | Sumas | WA | $462,208 | $1,625 | 2.74% | |
| 98229 | Bellingham | WA | $704,443 | $2,172 | 2.40% | |
| 98266 | Maple Falls | WA | $380,488 | $1,422 | 2.92% | |
| 98220 | Acme | WA | $496,535 | $1,422 | 2.23% | |
| 98240 | Custer | WA | $670,953 | $1,575 | 1.83% | |
| 98276 | Nooksack | WA | $508,539 | $1,782 | 2.73% | |
| 98281 | Point Roberts | WA | $391,836 | $1,332 | 2.65% | |
| 98225 | Bellingham | WA | $658,076 | $1,900 | 2.25% | |
| 98244 | Deming | WA | $332,621 | $1,332 | 3.12% | |
| 98248 | Ferndale | WA | $625,885 | $2,007 | 2.50% | |
| 98295 | Sumas | WA | $449,103 | $1,386 | 2.41% | |
| 98226 | Bellingham | WA | $638,615 | $1,986 | 2.43% | |
| 98229 | Bellingham | WA | $683,649 | $2,200 | 2.51% | |
| 98264 | Lynden | WA | $628,537 | $2,006 | 2.49% | |
| 98240 | Custer | WA | $652,866 | $1,575 | 1.88% | |
| 98266 | Maple Falls | WA | $386,744 | $1,422 | 2.87% | |
| 98276 | Nooksack | WA | $519,598 | $1,782 | 2.68% | |
| 98220 | Acme | WA | $507,730 | $1,422 | 2.18% | |
| 98244 | Deming | WA | $318,199 | $1,332 | 3.27% | |
| 98248 | Ferndale | WA | $609,828 | $2,056 | 2.63% | |
| 98281 | Point Roberts | WA | $403,454 | $1,332 | 2.58% |
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About Bellingham, WA Real Estate Market
The Bellingham, WA metropolitan statistical area (MSA) encompasses 10 cities and 12 ZIP codes. The average home value across the metro is $547,557, with an average monthly rent of $1,715. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.