RentYield Atlas

ZIP 98229 — Bellingham, WA: rental yield & market data

Gross rental yield of 3.7% — ranked #160 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
3.7%
Home value
$704,443
Market rent / mo
$2,172
Price-to-rent
27.0

Trend

Metric1-year change5-year change
Home value-0.1% +16.8%
Market rent+3.4%

Metro: Bellingham, WA · County: Whatcom County · Annual rent: $26,064

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98229 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98258Lake StevensWA$711,978$2,9564.98%20.1-1.9%
98042CovingtonWA$705,696$2,4104.10%24.4-1.8%
98422TacomaWA$681,750$2,1853.85%26.0-0.7%
98108SeattleWA$693,502$2,2223.84%26.0-2.3%
98043Mountlake TerraceWA$687,250$2,0783.63%27.6-2.3%
98146BurienWA$690,246$1,8763.26%30.7-1.0%
98403TacomaWA$717,001$1,8283.06%32.7-0.1%
98467University PlaceWA$687,444$1,6822.94%34.0-1.4%

Top rental yields in all of Washington →

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