Home prices
The median home in Arlington costs $238,500. In comparison to nearby areas this is about $57,480 (31%) higher.It is about $21,000 (9%) higher compared to the entire country, and it is roughly $136,700 (134%) higher compared to the city of Memphis.
Rents
In Arlington the median rent is $1,801 a month. It is about $729 (68%) higher compared to other places in this area.It is roughly $739 (69%) higher compared to the nation as a whole, and compared to the city of Memphis it is roughly $900 (99%) higher.
Nearby places
Lakeland
Lakeland is Arlington's neighbor to the west. The housing prices there are somewhat more expensive. The median home in Lakeland costs $257,400, which is $18,900 (7%) higher than Arlington. The rent there is substantially less expensive. Lakeland's median monthly rent is $1,200, which is $601 (50%) lower than Arlington.
Gallaway
Gallaway is about 5 miles northeast of Arlington. Real estate prices there are substantially less expensive. The price of the median home in Gallaway is $112,500, which works out to $126,000 (112%) lower than Arlington. The rent there is a lot less expensive. In Gallaway the median monthly rent is $498, which works out to $1,303 (261%) lower than Arlington.
Oakland
Oakland is about 6 miles east from Arlington. The housing prices there are somewhat less expensive. The median home in Oakland costs $185,800, which is $52,700 (28%) lower than Arlington. Its rents are a little less expensive. The median monthly rent in Oakland is $1,502, which comes out to $299 (19%) lower than Arlington.
Bartlett
Bartlett is about 7 miles west of Arlington. Its real estate prices are a bit less expensive. The price of the median home in Bartlett is $185,100, which comes out to $53,400 (28%) lower than Arlington. The rent there is a bit less expensive. Bartlett's median monthly rent is $1,383, which comes out to $418 (30%) lower than Arlington.
Braden
Braden is approximately 9 miles northeast from Arlington. The real estate prices there are substantially less expensive. The median home in Braden is valued at $164,300, which is $74,200 (45%) lower than Arlington. The rent there is significantly less expensive. In Braden the median rent is $775 per month, which is $1,026 (132%) lower than Arlington.
