A 22-year-old man has been hospitalised with stab wounds to the face and back after a heated argument with his neighbour in Adelaide.

Police said the man came to the Noarlunga Hospital, in the city's southern suburbs, early on Monday morning.

He was transferred to the Flinders Medical Centre where he was in a stable condition with a punctured lung.

Another 22-year-old man has been arrested and is expected to be charged with aggravated assault causing serious harm.

A pair of scissors allegedly used in the attack was also seized.