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These days, finding an affordable place to live in the Arlington area can be challenging. Home prices in Arlington are now at a median cost of $944,884, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,047/mo in Arlington, primarily driven by the current value of real estate in the Arlington area. In Arlington, 38.43% of households rent, and 35.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arlington is $14,127 per month. Households that rent pay about 14.49% of their income on rent here. Arlington’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belmont, MA: higher priced homes
- Winchester, MA: higher priced homes
- Watertown, MA: equally priced homes
- Medford, MA: less expensive homes
- Watertown Town, MA: less expensive homes
- Somerville, MA: equally priced homes
- Lexington, MA: higher priced homes
- Cambridge, MA: higher priced homes
- Waltham, MA: less expensive homes
- Allston, MA: less expensive homes
Cities with Similar Populations
- Seguin, TX: less expensive homes
- Bountiful, UT: less expensive homes
- Neenah, WI: less expensive homes
- Columbus, MS: less expensive homes
- Georgetown, KY: less expensive homes
- Brunswick, OH: less expensive homes
- Rancho Palos Verdes, CA: higher priced homes
- Duncanville, TX: less expensive homes
- Shakopee, MN: less expensive homes
- Springfield, VA: less expensive homes
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