Rental market snapshot for Guide Meridian, Bellingham
Guide Meridian rental market summary
The rental market in Guide Meridian, Washington is showing signs of growth. In July of 2023, there were 80 new listings, a significant increase from the previous month. The median rent also increased from $1,867 in June to $1,900 in July, a 1.8% increase. This is a positive sign for the rental market in Guide Meridian, as it indicates that demand is increasing and that more people are looking for rental properties.
The rental market in Guide Meridian has also seen a steady increase over the past year. The median rent in July of 2023 was $1,900, a 1.3% increase from the same time last year. This indicates that the rental market in Guide Meridian is continuing to grow, and that more people are looking for rental properties in the area. With the increasing demand for rental properties, it is likely that the rental market in Guide Meridian will continue to grow in the coming months.
Median rent for all residential properties in Guide Meridian
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The most expensive listings and top trending buildings in Guide Meridian
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 4681 Bedford Ave | $3,450 | 4 / 2.5 |
| 4749 Hadley St | $2,900 | 4 / 2.5 |
| 664 Springside Ln | $2,900 | 3 / 2.5 |
| 4741 Parker St | $2,800 | 3 / 2.5 |
| 4745 Parker St | $2,800 | 3 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Grandview Management Services LLC | $2,095 |
| PTLA Real Estate Group | $1,776 |
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Bedroom Breakdown in Guide Meridian
Guide Meridian neighborhood apartments rents
The rental market for studios in Guide Meridian, Washington is showing signs of growth. In July 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,620, a 6.2% increase from the median rent in June 2023 of $1,526. This suggests that the rental market for studios in Guide Meridian is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 1-bedroom apartments in Guide Meridian, Washington is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,972, a 5.6% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Guide Meridian, Washington is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, representing an increase in available rental units. The median rent for 2-bedroom apartments in July 2023 was $2,695, a 4.8% increase from the median rent in June 2023 of $2,572. This suggests that demand for 2-bedroom apartments is increasing, and that rental prices are likely to continue to rise in the near future.