Bellingham, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Bellingham short-term rental market based on reliable data.

Listings

736 / 1448

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$32,579

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$658,167

Median Home Sale Price

Top Earners

$71,297

Top-Earners Revenue

Bellingham

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bellingham.

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C

Challenging to Investors

Bellingham Regulations

Bellingham explicitly allows STRs in multiple zones, but constrains residential use to primary residences only, caps whole-unit rentals at 95 days/year, limits operators to one STR, and bans DADU STRs. Fees ($370–$847), inspections, $1M insurance, and renewals add moderate cost/complexity; enforcement through Host Compliance and the 95-day cap create meaningful revenue risk, keeping investor risk moderate-to-high despite permissive commercial zones.

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About Bellingham

Bellingham, Washington, is a vibrant city located in the Pacific Northwest, with a population of approximately 91,000 residents as of the latest census. Situated about 90 miles north of Seattle and 21 miles south of the Canada-U.S. border, Bellingham provides a unique blend of urban and natural attractions that make it an appealing destination for short-term rentals.

The city's close proximity to major metropolitan areas, such as Seattle, makes it an attractive option for weekend getaways. Bellingham is known for its scenic beauty, nestled between the waters of Bellingham Bay and the rugged backdrop of the Cascade Mountains.

Key landmarks that draw visitors include:

  1. Fairhaven Historic District: This charming area is filled with preserved Victorian architecture, boutique shops, and cozy cafes. More details can be found here.

  2. Western Washington University: The campus offers striking views and a collection of outdoor sculptures, appealing to both prospective students and art enthusiasts. Visit the university’s site here.

  3. Mount Baker: Just a short drive from the city, this iconic mountain offers year-round recreational activities such as skiing, snowboarding, and hiking. Discover more about Mount Baker here.

  4. Whatcom Falls Park: A highlight for nature lovers, this park features picturesque waterfalls, hiking trails, and picnic areas. Further information can be accessed here.

The city also enjoys a robust craft brewery scene and several local farms, making it a destination for food and drink enthusiasts. Bellingham's appealing mix of cultural sites, outdoor activities, and community events ensure a steady demand for short-term accommodations.

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