Home prices
Arlington's median home price is $642,200. Compared to nearby areas it is approximately $63,520 (9%) lower.In comparison to the rest of the country it is about $424,700 (195%) higher, and in comparison to the city of Boston it is approximately $109,500 (20%) higher.
Rents
The median monthly rent in Arlington is $1,730. In comparison to the surrounding areas this is about $159 (8%) lower.In comparison to the nation as a whole it is roughly $668 (62%) higher, and it is approximately $110 (6%) higher compared to the city of Boston.
Nearby places
Belmont
Belmont is Arlington's neighbor to the southwest. Its housing prices are somewhat more expensive. The median home price in Belmont is $859,600, which works out to $217,400 (25%) higher than Arlington. Rents there are a little more expensive. In Belmont the median monthly rent is $2,002, which works out to $272 (13%) higher than Arlington.
Winchester
Winchester is Arlington's neighbor to the north. Real estate prices there are somewhat more expensive. The median home in Winchester is valued at $943,800, which works out to $301,600 (31%) higher than Arlington. Rents there are a little more expensive. Winchester's median monthly rent is $1,900, which works out to $170 (8%) higher than Arlington.
Medford
Medford is Arlington's neighbor to the east. The real estate prices there are somewhat less expensive. Medford's median home cost is $500,800, which works out to $141,400 (28%) lower than Arlington. Rent there is fairly similar. Medford's median monthly rent is $1,817, which is $87 (4%) higher than Arlington.
Somerville
Somerville is Arlington's neighbor to the southeast. Its real estate prices are pretty similar. The median home in Somerville costs $664,700, which comes out to $22,500 (3%) higher than Arlington. Rents there are a bit more expensive. In Somerville the median rent is $1,874 per month, which works out to $144 (7%) higher than Arlington.
Watertown Town
Watertown Town is roughly 3 miles south from Arlington. Its housing prices are somewhat less expensive. The median home price in Watertown Town is $559,700, which is $82,500 (14%) lower than Arlington. Rents there are a bit more expensive. Watertown Town's median rent is $1,853 per month, which comes out to $123 (6%) higher than Arlington.
