salaryRent is higher than in 77% of U.S. cities. Household incomes are higher than in 90% of U.S. cities. A typical house costs about 3.7 years of household income. Most homes (86.5%) are owned, so rentals can be hard to find. It is a highly educated city: 58% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $88,680 a year. That is $43 an hour at a full-time job.
Is rent cheaper than other Maryland cities?
No. Rent here is more expensive than in most of Maryland. It is number 124 of 200 cities from cheapest to most expensive.
How much do households earn in Arnold?
Share of households by yearly income. 59.1% of households earn $100,000 or more.
Rent by apartment size in Arnold
| Size | Arnold | U.S. average |
|---|---|---|
| 1 bedroom | $2,110 | $1,324 |
| 2 bedrooms | $2,084 | $1,509 |
| 3 bedrooms | $2,593 | $1,698 |
| 4 bedrooms | $2,405 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Arnold overall?
Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Arnold, so the Maryland figure is shown.
Taxes and bills in Arnold
Life in Arnold
Is it cheaper to rent or buy in Arnold?
Renting is cheaper right now: about $1,698 a month less.
Owning assumes a typical $564,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $56,420 for the down payment.
Frequently asked questions
What is the average rent in Arnold, MD?
Renting in Arnold costs a median of about $2,217 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Arnold?
To keep rent under 30% of income, you need about $88,680 a year, or $43 an hour at a full-time job.
Is Arnold cheap or expensive?
Arnold is rated Cheap: rent takes 17.4% of the typical household income of $152,758. It ranks 124th cheapest of 200 Maryland cities we track.
How much are property taxes in Arnold?
The median homeowner in Arnold pays $4,341 a year in property taxes, about 0.77% of the median home value.
Is Arnold more expensive than the national average?
Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Arnold?
The median home value in Arnold is $564,200, about 3.7 times the typical yearly household income.
24,303 people live in Arnold. Numbers are typical (middle) values.