
Cheap Apartments for Rent in the Central Business District Bellingham, WA from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Bellingham.


1513 E Street

The Sandpiper

2601 Patton St

Ironworks at Old Town

Madrona

924 Billy Frank Jr. St

1501 H St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Bella Mar Apartments

2524 Meridian St

919 Newell St

The Dex

1200-1210 Billy Frank Jr. St

1200 Billy Frank Jr. St

826 N Garden St

809 High St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1419 Texas St

1217 Billy Frank Jr. St

1019 Jersey St

700 N State St, Unit 101

The Millworks

Forest Hill Apartments

1118 N Forest

Gateway Lofts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Turnstone

Belvadere Apartments

Shearwater

MARKETplace

Purnell

The Leopold Apartments

Condor

Maritime Heritage
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

City Station

1100 N. Forest Street

1426 N Garden St

40 Bellwether

1119 N Forest St

2118 Ellis St

Morse Landing - USIT

614 E Myrtle St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Central Business District, Bellingham, WA Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,503 | $1,350 | $1,650 |
| Central Business District 1 Bedroom Apartments | $1,698 | $800 | $2,100 |
| Central Business District 2 Bedroom Apartments | $2,344 | $1,625 | $4,724 |
| Central Business District 3 Bedroom Apartments | $2,289 | $1,109 | $2,525 |
| Central Business District 4 Bedroom Apartments | $987 | $769 | $2,880 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Bellingham, WA.
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Central Business District, Bellingham, WA Local Guide
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Bellingham, WA is a 3 Beds unit found at Forest Hill Apartments priced from $845. Gateway Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable Central Business District apartments for rent in Bellingham, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Hill Apartments | 3x1.5 | 3BR,1BA | $845 |
| Gateway Lofts | Studio | Studio,1BA | $1,225 |
| The Sandpiper | Studio/1BA | Studio,1BA | $1,400 |
| Turnstone | Turnstone - 310 | Studio,1BA | $1,415 |
| Shearwater | Shearwater - 209 | Studio,1BA | $1,415 |
| Condor | Condor - 306 | Studio,1BA | $1,425 |
| Maritime Heritage | Studio (470-489sqft) | Studio,1BA | $1,425 |
| City Station | 1-Bedroom Apartment | 1BR,1BA | $1,540 |
| Ironworks at Old Town | Studio/1 Bath | Studio,1BA | $1,550 |
| Madrona | 0bed/1bath | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Central Business District, WA
As of July 25, 2026 the best value apartment in the Central Business District area is the $0.56 price per square foot 3x1.5 Model at Forest Hill Apartments in the in the WWU neighborhood starting from $845. The second greatest value Central Business District apartment is the 4x2 D2 Model at Stateside starting at $799 with a $0.69 price per square foot in the WWU neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Hill Apartments | 3x1.5 | 3BR,1.5BA | $0.56 |
| Stateside | 4x2 D2 | 4BR,2BA | $0.69 |
| 40 Bellwether | 2 Bedroom, 2 Bathroom | 2BR,2BA | $3.16 |
| Morse Landing - USIT | Morse Landing - USIT - 506 | 2BR,2BA | $2.85 |
| City Station | 1-Bedroom Apartment | 1BR,1BA | $2.80 |
| The Sandpiper | Studio/1BA | Studio ,1BA | $3.22 |
| Maritime Heritage | Studio (380-424sqft.) | Studio ,1BA | $3.36 |
| Shearwater | Shearwater - 506 | Studio ,1BA | $3.58 |
| Turnstone | Turnstone - 508 | Studio ,1BA | $3.84 |
| Gateway Lofts | Studio | Studio ,1BA | $3.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCentral Business District, Bellingham, WA
Ranked #22
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Central Business District, Bellingham, WA
School data provided by Great Schools
Frequently Asked Questions about Cheap Central Business District Apartments
What is a cheap apartment in Central Business District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,600.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is Turnstone which is listed at $1,500, while the average apartment in Central Business District costs $4,499.
What types of apartments are the cheapest in Central Business District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.