Much like other places in this area, it's a lot more expensive compared to the entire nation. Compared to the city of Washington however, it is a bit less expensive.
Home prices
The median home cost in Arnold is $441,300. Compared to its surrounding areas it is approximately $4,640 (1%) lower.Compared to the entire nation it is approximately $223,800 (102%) higher, and it is roughly $160,200 (26%) lower compared to the city of Washington.
Rents
Arnold's median monthly rent is $1,927. In comparison to the surrounding areas it is roughly $310 (19%) higher.It is roughly $865 (81%) higher in comparison to the country as a whole, and it is approximately $386 (25%) higher in comparison to the city of Washington.
Nearby places
Cape St. Claire
Cape St. Claire is Arnold's neighbor to the east. The housing prices there are a bit less expensive. The median home in Cape St. Claire costs $381,800, which is $59,500 (15%) lower than Arnold. Rents there are somewhat less expensive. Cape St. Claire's median monthly rent is $1,564, which is $363 (23%) lower than Arnold.
Lake Shore
Lake Shore is Arnold's neighbor to the north. The real estate prices there are a bit less expensive. The median home in Lake Shore is valued at $382,500, which works out to $58,800 (15%) lower than Arnold. Rents there are a little less expensive. Lake Shore's median monthly rent is $1,737, which is $190 (10%) lower than Arnold.
Severna Park
Severna Park is Arnold's neighbor to the northwest. The real estate prices there are a bit more expensive. The median home in Severna Park costs $546,800, which comes out to $105,500 (19%) higher than Arnold. Rents there are a bit less expensive. The median monthly rent in Severna Park is $1,744, which comes out to $183 (10%) lower than Arnold.
Parole
Parole is Arnold's neighbor to the southwest. Housing prices there are pretty similar. The value of the median home in Parole is $454,300, which comes out to $13,000 (2%) higher than Arnold. Rents there are pretty similar. The median rent in Parole is $1,877 per month, which works out to $50 (2%) lower than Arnold.
Herald Harbor
Herald Harbor is about 3 miles west from Arnold. The real estate prices there are similar. Herald Harbor's median home value is $464,300, which works out to $23,000 (4%) higher than Arnold. The rent there is a lot less expensive. Herald Harbor's median monthly rent is $1,163, which is $764 (65%) lower than Arnold.
