Arlington Apartment Rental Market Report 2022
Arlington, MA’s apartment rental market has proven to be one of the strongest in Greater Boston. It has historically been less affected by the highly cyclical demand swings that are typical in Boston’s core neighborhoods. Sure enough, that trend prevailed during COVID. When Boston’s real-time availability rate (RTAR) hit an astronomical 13.37% in March 2021, Arlington’s RTAR peaked at a much lower 8.19%. Arlington’s apartment availability has remained below Boston ever since.
Now in 2022, the average rent price for Arlington apartments has risen to a new all-time high. The current average rent in Arlington ($2,437) is up +4.82% year-over-year and up +12.20% or $265 from pre-pandemic levels in July 2019. Let’s take a closer look at what has driven this trend.