Rent in Vermont
The median 2-bedroom Fair Market Rent in Vermont is $2,140/mo, ranking #5 out of 51 states for highest rent. This is $890 above the national median of $1,250/mo. Vermont has a population of 645K. About 27.2% of households rent their homes. Fair Market Rent data covers 1 areas across the state.
Highlights
All 1 Areas in Vermont
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Burlington-South Burlington Pop. 227K | $1,497 | $1,651 | $2,140 | $2,745 | 28.2% | +13.4% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Vermont is $2,140 per month. Rents range from $2,140/mo in Burlington-South Burlington to $2,140/mo in Burlington-South Burlington. The actual median gross rent statewide is $1,193/mo according to Census data.
Vermont ranks #5 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $2,140/mo is $890 above the national median of $1,250/mo.
The average rent burden across Vermont is 28.2%, meaning a typical household would spend 28.2% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $78,024.
The most affordable area in Vermont is Burlington-South Burlington with a 2-bedroom Fair Market Rent of $2,140/mo. The median household income there is $90,911.
The most expensive area in Vermont is Burlington-South Burlington with a 2-bedroom Fair Market Rent of $2,140/mo. The median household income there is $90,911.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.