Median price for residential apartments in Arlington, MN as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
4 Arlington, MN 55307, USA apartments for sale
Arlington
According to statistics, the population in Arlington, MN amounts to 2,179, which shows growth 5% compared to the previous year. The median age of the city’s residents is 41. The average household income is $47,083, shifting growth 2% from the past year, and the average property value in Arlington, MN growth 3% to $116,200 throughout the year.
| Population | 2,179 |
| Median Age | 41 |
| Poverty Rate | 15% |
| Household Income | $47,083 |
| Number Of Employees | 1,147 |
| Median Property Value | $116,200 |
Household Income
The average household income in Arlington, MN grew from $46,017 to $47,083 in the past year. This data is an estimate based upon 887 households in Arlington, MN . The chart below presents how household income is distributed in Arlington, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Arlington, MN shifted from $113,000 to $116,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Arlington, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Arlington, MN properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Arlington, MN compared to median property taxes around the country. The prevalent amount of property taxes in Arlington, MN equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Arlington, MN 55307, USA
Average apartment sale in Arlington: $175,320 (-16.5%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $34,900 | N/A |
| 2-bed apartments | $172,900 | N/A |
| 3-bed apartments | $185,000 | -2.6% |
| 4+ bed apartments | $274,966 | N/A |
During Nov 2022, the average price for an apartment in/near Arlington, MN decreased by 16.5% to $175,320.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $172,900. A 3-bed apartment goes for $185,000, it decreased by 2.6% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $274,966 for a big-family home.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $175,320 | -30.9% |
| Land for sale | $34,900 | N/A |
Price reports demonstrate that house price decreased by 30.9% this month making it up to $175,320.