Highlights
- Spacious studio
- Breakfast bar
- Granite counters
- Full-size front load washer and dryer
- Green space
- Major stainless appliances
Location
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Property management
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Arrow Plaza is rated highly overall, with strong scores for price, amenities, location, and quality, suggesting solid value and a well-rounded living experience. Pros include 39 photos plus above-average value for money and value per square foot, while notable features include a spacious studio, breakfast bar, granite counters, full-size front load washer and dryer, green space, and major stainless appliances.
Things you’ll love
| First Floor Studio | Studio | 1 bath | 652 sqft | $1,600 /mo | 1 unit available | Our Newer First-floor spacious studio with a separate sleeping alcove. The kitchen has all major stainless appliances, granite counters, and a breakfast bar. Full-size front load washer and dryer in unit. Located across from Home Depot, offers easy access to Bellis Fair Mall, I-5, Whatcom Community College, and Bellingham Technical College. Please note - the first floor of this building is down a flight of stairs(Street level is the 2nd Floor) The unit does look out to a green space. Link to virtual tour: https www romamanagement com property arrow-plaza *All units are non-smoking units. *1 assigned parking permit for this unit. Tenant Pays All Utilities(Average bill is $70 monthly - W/S/G) *It is a lease requirement to maintain tenant liability insurance. *(1) Pet allowed with an additional pet fee(30% of monthly rent). $50 Application Fee per application/ $50 Co-signer Fee. First Month’s Rent, Security Deposit Before Move-In. (Additional Deposit May Be Required). | |
| 2 Bedroom/1 Bath | 2 bed | 1 bath | 829 sqft | $1,800 /mo | 1 unit available | Our newer 2 bedrooms, 1 bathroom unit features stainless steel appliances, laminate flooring, granite countertops with breakfast island, and full-size stack front load washer and dryer. Located across from Home Depot, offers easy access to Bellis Fair Mall, I-5, Whatcom Community College, and Bellingham Technical College. Unit 104: Please note - the first floor of this building is down a flight of stairs(Street level is the 2nd Floor) The unit does look out to a green space. *All units are non-smoking units. *2 assigned parking permits for this unit. *All utilities paid by tenant. Tenant Pays All Utilities(Average bill is $70 monthly - W/S/G) *It is a lease requirement to maintain tenant liability insurance. *(1) pet allowed under 40 pounds with an additional deposit 30% of the monthly rent. $50 Application Fee per application/ $50 Co-signer Fee. First Month's Rent and Deposit, and a Single $200 Administrative Fee (excluded from properties within the City of Bellingham & Ferndale limits), Prior to Move In. (Additional Deposits or Prepaid Rent May Be Required). | |
| 3 Bedrooms/ 2 Baths | 3 bed | 2 bath | 1,000 sqft | $2,150 /mo | 1 unit available | Our Newer 3 bedroom, 2 bathroom unit features stainless steel appliances with a french door refrigerator, laminate flooring, granite countertops with breakfast island, a full-size stack front load washer and dryer. and large entry storage closet. the master bedroom feature a walking closet Located across from Home Depot and offers easy access to Bellis Fair Mall, I-5, Whatcom Community College, and Bellingham Technical College. SPECIAL NOTE: The Lease start date is to be scheduled as close as possible to the property’s availability date. The exact move-in date will be confirmed upon final readiness of the property. *All units are non-smoking units. *2 assigned parking spaces for this unit. *All utilities paid by tenant. *It is a lease requirement to maintain tenant liability insurance. *(1) pet allowed under 10-15 pounds with a pet deposit. $51 Application Fee per application/ $51 Co-signer Fee. First Month’s Rent, Security Deposit before Move-In. (Additional Deposit May Be Required). |
Let's explore this property.
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Range |
| Refrigerator | Stainless Steel Appliances |
| Stove | Washer and Dryer |
One-time.
One-time. Refundable.
| Units | 36 |
|---|
Our Newer First-floor spacious studio with a separate sleeping alcove. The kitchen has all major stainless appliances, granite counters, and a breakfast bar. Full-size front load washer and dryer in unit. Located across from Home Depot, offers easy access to Bellis Fair Mall, I-5, Whatcom Community College, and Bellingham Technical College. Please note - the first floor of this building is down a flight of stairs(Street level is the 2nd Floor) The unit does look out to a green space. Link to virtual tour: https www romamanagement com property arrow-plaza *All units are non-smoking units. *1 assigned parking permit for this unit. Tenant Pays All Utilities(Average bill is $70 monthly - W/S/G) *It is a lease requirement to maintain tenant liability insurance. *(1) Pet allowed with an additional pet fee(30% of monthly rent). $50 Application Fee per application/ $50 Co-signer Fee. First Month’s Rent, Security Deposit Before Move-In. (Additional Deposit May Be Required).
How Arrow Plaza compares to other nearby properties.
Positives
Considerations
Studio apartments at Arrow Plaza cost about 16% more than the average rent price for studios in Meridian.
If you decide to upgrade your space, you can expect 2-bedrooms at Arrow Plaza to be 3% more than the average for similarly sized apartments in Meridian.
3-bedroom apartments at Arrow Plaza cost about 19% less than the average rent price for 3-bedroom apartments in Meridian.
| Month | Median Rent |
|---|---|
| August 2024 | $1,307 |
| September 2024 | $1,335 |
| October 2024 | $1,320 |
| November 2024 | $1,312 |
| December 2024 | $1,326 |
| January 2025 | $1,325 |
| February 2025 | $1,342 |
| March 2025 | $1,348 |
| April 2025 | $1,366 |
| May 2025 | $1,395 |
| June 2025 | $1,395 |
| July 2025 | $1,395 |
| August 2025 | $1,392 |
| September 2025 | $1,352 |
| October 2025 | $1,361 |
| November 2025 | $1,347 |
| December 2025 | $1,346 |
| January 2026 | $1,382 |
| February 2026 | $1,389 |
| March 2026 | $1,396 |
| April 2026 | $1,400 |
| May 2026 | $1,445 |
| June 2026 | $1,450 |
| July 2026 | $1,450 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,232 |
| September 2024 | $1,228 |
| October 2024 | $1,222 |
| November 2024 | $1,235 |
| December 2024 | $1,268 |
| January 2025 | $1,262 |
| February 2025 | $1,237 |
| March 2025 | $1,247 |
| April 2025 | $1,237 |
| May 2025 | $1,362 |
| June 2025 | $1,375 |
| July 2025 | $1,362 |
| August 2025 | $1,321 |
| September 2025 | $1,275 |
| October 2025 | $1,250 |
| May 2026 | $1,400 |
| June 2026 | $1,400 |
| July 2026 | $1,386 |
Can I afford to live at 515 Telegraph Rd?
Bedrooms
Rent-to-income ratio
30%
$64,000/yr
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