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With all the apartments being built, is it finally impacting Bellingham rent rates? The Bellingham Herald 12/16/2020 Dave Gallagher, The Bellingham Herald (Bellingham, Wash.) Dec. 16 The surge in apartment construction in Bellingham the past few years appears to be finally putting a dent in rent prices. The median monthly rental rate for a two-bedroom apartment in Bellingham was $1,380, down 2.1% compared to same time a year ago. That s according to a new report from online resource Zumper, which analyzed active listings that hit the market last month. Among the 18 Western Washington cities analyzed for this report, Bellingham had the second-lowest rate for two-bedroom units, ranking behind Oak Harbor. ....