Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Arnold area can be challenging. Home prices in Arnold are now at a median cost of $489,767, higher than the Maryland average of $357,815.
The average cost of rent is $1,914/mo in Arnold, primarily driven by the current value of real estate in the Arnold area. While nearly 19.87% of residents own their homes outright in Arnold, 12.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Arnold is $11,369 per month. Households that rent pay about 16.83% of their income on rent here. Arnold's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Cape St. Claire, MD: less expensive homes
- Gibson Island, MD: higher priced homes
- Severna Park, MD: higher priced homes
- Lake Shore, MD: less expensive homes
- Annapolis, MD: higher priced homes
- Parole, MD: equally priced homes
- Crownsville, MD: equally priced homes
- Pasadena, MD: less expensive homes
- Annapolis Neck, MD: higher priced homes
- Riviera Beach, MD: less expensive homes
Cities with Similar Populations
- Merchantville, NJ: less expensive homes
- Lebanon, MO: less expensive homes
- Leesburg, GA: less expensive homes
- Lino Lakes, MN: less expensive homes
- Lucedale, MS: less expensive homes
- Lyndhurst, NJ: equally priced homes
- Mamaroneck, NY: higher priced homes
- Manheim, PA: less expensive homes
- Mays Landing, NJ: less expensive homes
- Mechanicsville, MD: less expensive homes
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