Town of Arlington, Fair Housing Action Plan (July 2021)

Citation: Town of Arlington, Fair Housing Action Plan (July 2021)
Jurisdiction: Arlington (municipal)
Source: Official source
Original Source: https://www.arlingtonma.gov/home/showpublisheddocument/57214/637641171662530000 ↗

Related Parts of This Source

Full Text

1,514 chars

Year of Sale Condominium Single-family Two-Family
2000 $338,000 $511,000 $571,000
2001 $394,000 $538,000 $672,000
2002 $421,000 $566,000 $691,000
2003 $416,000 $575,000 $676,000
2004 $413,000 $618,000 $658,000
2005 $459,000 $633,000 $631,000
2006 $438,000 $593,000 $713,000
2007 $428,000 $570,000 $666,000
2008 $405,000 $548,000 $639,000
2009 $401,000 $551,000 $631,000
2010 $430,000 $575,000 $616,000
2011 $371,000 $563,000 $614,000
2012 $385,000 $570,000 $570,000
2013 $390,000 $598,000 $640,000
2014 $454,000 $649,000 $689,000
2015 $472,000 $677,000 $757,000
2016 $476,000 $725,000 $741,000
2017 $515,000 $733,000 $886,000
2018 $555,000 $784,000 $935,000
Percent Change (2000 – 2018) 64% 53% 64%
Percent Change (2008 – 2018) 29% 36% 52%

Rental Costs
Approximately 40% of the housing units in Arlington are renter-occupied. The estimated median gross rent by
bedroom count in Arlington is as follows:

Table 15: Median Gross Rent in Arlington (MAPC Rental Database)

Bedrooms Median Gross Rent Estimated Price per Bedroom
Studio (0-Bedrooms) $1,500 -
1-Bedroom $1,750 $1,750
2-Bedroom $2,195 $1,098
3-Bedroom $2,650 $883
4-Bedroom $3,200 $800

The table below shows median gross rent by bedroom count across the comparison region. While data on rents
across the comparison region is limited, the data available place Arlington in the lower end of the rents (20/25)
for studios, 1-bedroom units (22/25), and 2-bedroom units (20/25). Median rent for 3-bedroom units and 4-

115
Arlington Fair Housing Action Plan