The rent prices in real estate in Bellingham, in the Washington region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Bellingham has fallen during the last 6 months. In May, the average price per sq.feet was $1.96. In June this price barely changed remaining at $1.92 per sq.feet. The price for the following two months in (July, August) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.88 to $1.76 during September, and October.
When referring to the price in Bellingham (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,367. In June This price remains at $1,392. During the following two months (July, August) the price has had an average rise from $1,379.5 to $1,568.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,474 and $1,519.5 between September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,507 they are 16 % more affordable than the average price for Bellingham . The properties with the highest average price have 4 bedrooms, Their price is 45 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,912.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.62 / sq.feet, with an average $1.76 / sq.feet price in Bellingham. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.73 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,507 it is 51 % more affordable than the average price in Bellingham. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,429 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.49 / sq.feet followed by "House" priced at $1.89 / sq.feet. "House" is the most expensive type of property with a $1.89 / sq.feet value followed by "Condo" with an average price of $1.49 / sq.feet.