The Most and Least Expensive Areas to Rent in Arnold, MD

Arnold renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

Arnold, MD of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Arnold is about $1,914 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $1,646. Households in Arnold have a median income of $11,369 per month so the average renter in Arnold is spending roughly 17% of their earnings on housing.

Nationally, and in Arnold, home values are the data point most closely correlated with the cost of rent. The median price of a home in Arnold is $489,767 right now, which is lower than nearby cities, meaning that rents in Arnold also tend to be lower versus these nearby cities.

Higher rent prices are common in the central parts of Arnold while lower rent rates are often available in southwestern areas.

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