Similar to nearby areas, it's substantially less expensive compared to the rest of the nation. Compared to the city of Minneapolis, it's a lot less expensive.
Home prices
The median home in Arlington is valued at $131,600. In comparison to the surrounding areas it is roughly $1,900 (1%) lower.It is about $85,900 (39%) lower compared to the country as a whole, and compared to the city of Minneapolis is about $120,000 (47%) lower.
Rents
Arlington's median monthly rent is $714. In comparison to the surrounding areas this is about $13 (1%) lower.Compared to the country as a whole it is roughly $348 (32%) lower, and is roughly $313 (30%) lower in comparison to the city of Minneapolis.
Nearby places
Green Isle
Green Isle is roughly 5 miles northeast of Arlington. Its housing prices are somewhat more expensive. The price of the median home in Green Isle is $139,900, which comes out to $8,300 (5%) higher than Arlington. The rent there is somewhat more expensive. Green Isle's median rent is $879 per month, which works out to $165 (18%) higher than Arlington.
Gaylord
Gaylord is approximately 6 miles southwest of Arlington. The housing prices there are somewhat less expensive. The median home in Gaylord costs $123,100, which is $8,500 (6%) lower than Arlington. The rent there is a little less expensive. Gaylord's median monthly rent is $646, which is $68 (10%) lower than Arlington.
New Auburn
New Auburn is approximately 7 miles northwest of Arlington. Its housing prices are a lot less expensive. New Auburn's median home price is $93,300, which is $38,300 (41%) lower than Arlington. Rents there are somewhat less expensive. New Auburn's median monthly rent is $620, which comes out to $94 (15%) lower than Arlington.
Henderson
Henderson is roughly 8 miles southeast of Arlington. Its real estate prices are similar. The cost of the median home in Henderson is $137,300, which is $5,700 (4%) higher than Arlington. The rent there is a little more expensive. The median rent in Henderson is $788 a month, which comes out to $74 (9%) higher than Arlington.
Hamburg
Hamburg is approximately 9 miles northeast of Arlington. The real estate prices there are a bit more expensive. The value of the median home in Hamburg is $173,900, which works out to $42,300 (24%) higher than Arlington. Rents there are fairly similar. In Hamburg the median monthly rent is $702, which is $12 (1%) lower than Arlington.
