Arlington, Texas Housing Market Prices
Arlington Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 10% above the Texas median$283,555
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Median rent 5% above the Texas median$1,469
Housing Market Overview
| Metric | Arlington | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $283,555 | $258,873 | $248,835 |
| Price Trend (Annual %) | 11.6% | 9.2% | 7.5% |
| Median Gross Rent | $1,469 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Arlington is about 10% higher than in Texas. Rent is about 5% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Arlington, up about 11.6% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Arlington rose about 67.7% between 2015 and 2024, from $876 to $1,469. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Arlington.
Buying the median-priced home in Arlington costs roughly 16.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Arlington. The price-to-rent ratio in Texas is about 15.4.
| Metric | Arlington | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $283,555 | $258,873 | $248,835 |
| Median Household Income | $75,140 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Arlington rose about 141.7%, while median household income rose about 37.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Arlington | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.7% | 56.7% | 58.5% |
| Rental Rate | 42.4% | 33.9% | 31.2% |
| Vacancy Rate | 6.9% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Arlington has a homeownership rate of 50.7%, lower than the Texas average of 56.7%. Its housing vacancy rate is 6.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Arlington | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.76 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1987 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Arlington was built around 1987. On average, 2.8 people live in a home with about 5.3 rooms, staying for about 13.0 years on average.
Arlington, TX Housing Compared With Nearby Cities
How Arlington, TX compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Arlington, TX | 395,028 | $283,555 #3/3 | $1,469 #3/3 | 54.5% #3/3 |
| Grand Prairie, TX | 192,941 | $351,556 | $1,634 | 58.6% |
| Mansfield, TX | 72,407 | $531,652 | $1,961 | 72.6% |
Frequently Asked Questions
Common questions about the housing market in Arlington, Texas.
What is the median home price in Arlington, Texas?
The median home price in Arlington, Texas is $283,555, higher than the Texas average of $258,873.
What is the average home price in Arlington, Texas?
The typical home price in Arlington, Texas, reported as the median sale price, is $283,555. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Arlington, Texas?
The median gross rent in Arlington, Texas is $1,469 per month, higher than the Texas average of $1,402.
What was the median gross rent in Arlington in 2020?
In 2020, the median gross rent in Arlington, Texas was $1,090 per month.
What is the price-to-rent ratio in Arlington, Texas?
The price-to-rent ratio in Arlington, Texas is about 16.1, meaning it would take roughly 16.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Arlington.
Are home prices or rent rising faster in Arlington, Texas?
Both home prices and rent are rising in Arlington, up about 11.6% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Arlington, Texas?
50.7% of households in Arlington, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Arlington, Texas?
The housing vacancy rate in Arlington, Texas is 6.9%, lower than the Texas average of 9.4%.
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