Arlington, TN
Full City Profile · Tennessee · Shelby County County
4.9
/5.0
A+
Excellent
14,989
Population
631/sq mi density
$125,909
Median Income
$43,591 per capita
$367,700
Home Value
$407,320 Zillow
$2,046
Median Rent
23.1% income on rent
61°F
Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.8 / 5.0
$125,909 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$367,700 home value, $2,046/mo rent
A+
Education
5.0 / 5.0
50.1% bachelor's degree or higher
Housing Overview
Median Home Value
$367,700
30% above
US avg: $281,900
Median Rent
$2,046/mo
76% above
US avg: $1,163/mo
Homeownership Rate
85.2%
30% above US avg (65.4%)
Total Housing Units
4,640
Median year built: 2005
Home Value by Source
Census Median
$367,700
Zillow (ZHVI)
$407,320
Redfin Median Sale
$352,750
Median Sale Price
$352,750
Median List Price
$450,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.2%
Owner-Occupied
14.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$2,046/mo
· Zillow rent:
$2,336/mo
Market Indicators (Redfin)
Median Sale Price
$352,750
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
13.0%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
54
homes for sale
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
85.2%
Complete Housing Data
Home Values
| Census Median Value | $367,700 |
| Zillow Home Value (ZHVI) | $407,320 |
| Redfin Median Sale | $352,750 |
| Median Sale Price | $352,750 |
| Median List Price | $450,000 |
| Price Per Sq Ft | $168 |
Rent
| Census Median Rent | $2,046 |
| Zillow Rent (ZORI) | $2,336 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.0% |
| Homes Sold | 14 |
| Active Inventory | 54 |
| Price Per Sq Ft | $168 |
Ownership & Stock
| Owner-Occupied | 85.2% |
| Renter-Occupied | 14.8% |
| Homeownership Rate | 85.2% |
| Total Housing Units | 4,640 |
| Median Year Built | 2005 |
| Rent Burden | 23.1% |