The housing market in Arunapuram is characterized by high rates of homeownership. The landscape is dotted with spacious, independent, single-family homes, often built with concrete and featuring modern amenities funded by NRI wealth.
There is a mix of contemporary villa-style houses and traditional Kerala architectural homes (featuring sloping tiled roofs to combat heavy monsoons). Because of the massive student population drawn to St. Thomas College and nearby coaching institutes, there is also a thriving market for rental housing, paying-guest accommodations, and privately run student hostels.

