Rental market snapshot for Sehome, Bellingham

Sehome rental market summary

The rental market in Sehome, Washington is showing signs of growth. In July 2023, there were 61 new listings, a significant increase from the previous month. The median rent for the same period was $1,700, a 36% increase from the previous month and a .3% increase from the same period in 2022. This indicates that the rental market in Sehome is becoming increasingly competitive, with more people looking for rental properties and landlords raising their prices.

The increasing demand for rental properties in Sehome is likely due to the city's growing population and economy. With more people moving to the area, there is a greater need for housing, and landlords are taking advantage of the situation by raising their prices. This is causing rental prices to increase, making it more difficult for people to find affordable housing. However, with the current trend of increasing rental prices, it is likely that the rental market in Sehome will continue to grow in the coming months.

Median rent for all residential properties in Sehome

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The most expensive listings and top trending buildings in Sehome

Most Expensive Listings

AddressRent PriceBed / Bath
1020 Mason St$4,0005 / 2.0
1117 N Garden St$3,3004 / 2.0
1116 Key St$3,2504 / 2.0
1100 N Forest St$2,2752 / 1.5
3613 Consolidation Ave$2,2503 / 2.0

Top Trending Buildings

building nameavg rent price
Dwell Real Estate Asset Management$1,712

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Bedroom Breakdown in Sehome

Studio
$1,750
MEDIAN RENT
1 Bedroom
$1,712
MEDIAN RENT
2 Bedroom
$2,275
MEDIAN RENT

Sehome neighborhood apartments rents

The rental market for studios in Sehome, Washington is showing signs of growth. In July 2023, there were 3 new studio listings, representing a 66.7% increase in rent from June 2023. The median rent for studios in July 2023 was $1,750, which is significantly higher than the median rent of $1,050 in June 2023. This indicates that the rental market for studios in Sehome is becoming increasingly competitive, and renters should be prepared to pay higher prices for studios in the area.

The rental market for 1-bedroom apartments in Sehome, Washington appears to be stable, with only two new listings in July 2023 and a median rent of $1,712. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 1-bedroom apartments in Sehome appears to be steady.

The rental market for 2-bedroom apartments in Sehome, Washington appears to be stable, with only three new listings in July 2023 and a median rent of $2,275. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Sehome appears to be steady.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Sehome is $1,700.
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