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ZIP Code · WA

ZIP 98248

Part of Ferndale, WA
Pop. 28,498·Whatcom County·119th most expensive ZIP in Washington
Median rent (all units)
$2,007/mo
Year-over-Year
+1.8%
Month-over-Month
-4.8%
vs US Median
+$42
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 98248 · $2,007
More expensive than 61% of US ZIP codes · National median $1,965/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,470
2 BR
$1,770
3 BR
$2,460
4 BR+
$2,970
Research median
$1,770/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,084/yr
At $2,007/mo median
Location
StateWA
CountyWhatcom County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+1.8% YoY, -4.8% MoM), not inventory.
Demographics

Who lives here

ZIP 98248 (Ferndale, WA) is majority owner-occupied, has a median income above the national average, 33.8% of residents hold a bachelor's degree or higher.

Population
28,498
Median income
$91,060
Median age
37.7
Renters
23.3%
Age distribution
22.8%
22.9%
24.8%
18.1%
Under 1822.8%
18–3422.9%
35–5424.8%
55–6411.3%
65+18.1%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
77.9%
White77.9%
Black0.5%
Hispanic9.5%
Asian6.5%
Other5.5%
Education (25+)
24.1%
35.3%
33.8%
No HS diploma6.8%
HS diploma24.1%
Some college35.3%
Bachelor's+33.8%
Housing tenure
76.7%
23.3%
Owner76.7%
Renter23.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 98248 in Ferndale, WA has changed in 5 years

Income
$80,716 → $91,060
up 12.8%
Population
26,404 → 28,498
up 7.9%
Renter share
24.3% → 23.3%
-1.0 pts
Bachelor's+
31.8% → 33.8%
+2.0 pts
Median age
36.8 → 37.7
+0.9 yrs

On the earnings side, the typical household in ZIP 98248 in Ferndale, WA now reports about $91,060, up from $80,716 in 2021. Census counts show ZIP 98248 in Ferndale, WA adding about 2,094 residents over the five-year window, up 7.9% on net. Bachelor's-degree-or-higher attainment moved from 31.8% to 33.8% across the same window.

Community

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Local insights

Tips for renters in ZIP 98248

About renting in ZIP 98248

Last updated: July 20, 2026

ZIP code 98248 covers Ferndale, WA. The median rent here is $2,007/mo as of July 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,770/mo.

At 26% of local median household income ($91,060/yr), ZIP 98248 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98248?

As of July 20, 2026, the median monthly rent in ZIP 98248 (Ferndale, WA) is $2,007. This is based on aggregated data from public sources and community submissions.

How does ZIP 98248 rent compare to the US average?

ZIP 98248's median rent of $2,007/mo is $42 (2%) above the US national median of $1,965/mo.

How does ZIP 98248 compare to other ZIPs in Washington?

ZIP 98248 falls in the middle range for Washington, ranking #119 out of 209 ZIPs at $2,007/mo.

How much income do you need to rent in ZIP 98248?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $2,007/mo in ZIP 98248. The local median household income is $91,060/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98248?

Rent in ZIP 98248 has increased 1.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98248 an affordable place to rent?

ZIP 98248 is considered affordable for renters. At $2,007/mo, rent takes approximately 26% of the local median household income ($91,060/yr). The standard benchmark is 30%. ZIP 98248 falls comfortably within that range.

What percentage of ZIP 98248 residents rent vs. own?

According to Census data, approximately 23.3% of ZIP 98248 households are renters, while 76.7% are owner-occupied. ZIP 98248 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98248 compare to the rest of Ferndale?

ZIP 98248 sits right at the Ferndale citywide median of $2,007/mo.

When was rent data for ZIP 98248 last updated?

Rent data for ZIP 98248 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,007/mo, rent takes ~26% of ZIP 98248's median household income ($91,060/yr). The standard benchmark is 30%.

ZIP 98248 26%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98248 (Ferndale, WA)

Recent submissions

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