Gross rental yield of 3.85% — ranked #145 of 229 Washington ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.4% | +18.0% |
| Market rent | +8.4% | — |
Metro: Bellingham, WA · County: Whatcom County · Annual rent: $24,084
Similar home values, sorted by yield — the cheapest way to see if 98248 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 98367 | Port Orchard | WA | $620,678 | $2,815 | 5.44% | 18.4 | +1.7% |
| 98274 | Mount Vernon | WA | $630,028 | $2,678 | 5.10% | 19.6 | +1.8% |
| 98406 | Tacoma | WA | $625,950 | $2,193 | 4.20% | 23.8 | +0.1% |
| 98372 | Puyallup | WA | $633,030 | $2,104 | 3.99% | 25.1 | -0.2% |
| 98023 | Federal Way | WA | $619,419 | $2,018 | 3.91% | 25.6 | -1.7% |
| 98264 | Lynden | WA | $628,537 | $2,006 | 3.83% | 26.1 | +2.1% |
| 98371 | Puyallup | WA | $632,663 | $1,874 | 3.56% | 28.1 | -0.5% |
| 98247 | Lynden | WA | $615,649 | $1,796 | 3.50% | 28.6 | +2.6% |
Top rental yields in all of Washington →
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