Financial Planning and Analysis

How Much Is Average Rent in Vermont?

Understand the financial landscape of renting in Vermont. Get insights into average costs, what influences them, and how to navigate the local rental market.

Vermont’s rental market reflects rural landscapes, vibrant small cities, and popular tourist destinations. Rental costs vary considerably by location and property type. Understanding this market involves looking beyond a single average figure, considering factors that shape pricing and additional expenses renters might encounter.

Factors Influencing Rental Costs

Several factors contribute to rental price fluctuations across Vermont. Limited housing stock, coupled with an influx of new residents or seasonal workers, impacts supply and demand. Tourism also influences the market, with vacation rentals creating competition for long-term housing, particularly near ski resorts or scenic attractions.

Proximity to major employment centers, such as Burlington or Montpelier, drives up rental prices due to increased demand. Property taxes indirectly impact rental costs, as landlords may pass these expenses to tenants. Local zoning and land use policies can limit housing development, contributing to supply constraints and upward pressure on rents. The age and condition of rental properties also affect pricing, with newer or well-maintained units often commanding higher rents.

Typical Rental Prices by Region

The average rent for all property types in Vermont is approximately $2,200 as of August 2025. Across the state, average fair market rent for a residential property is about $1,970. A studio apartment averages $1,380, a one-bedroom $1,476, a two-bedroom $1,936, and a three-bedroom $2,491 statewide.

Burlington, the state’s largest city, has the highest rental costs. In August 2025, the median rent for all property types in Burlington was $2,125. A studio apartment averages $1,725, a one-bedroom $2,125, a two-bedroom $2,275, and a three-bedroom $3,400. Chittenden County, which includes Burlington, shows average rents of $1,790 for a studio, $1,776 for a one-bedroom, $2,334 for a two-bedroom, and $2,775 for three or more bedrooms.

Montpelier, the state capital, has a median rent of $1,515 for all property types as of August 2025. Average costs include $1,260 for a one-bedroom apartment and $1,450 for a two-bedroom. Houses for rent in Montpelier can average around $2,347 per month.

Rutland, more affordable, had an average rent of $942 per month in August 2025. One-bedroom apartments in Rutland average $942, while two-bedroom units are around $1,144. For a three-bedroom rental, the cost can be $1,134 or more.

Brattleboro also offers lower rental costs compared to Burlington. In August 2025, the average rent in Brattleboro was $1,152 per month. Studio apartments average $934, one-bedroom units average $1,152, and two-bedroom apartments average $1,463. These figures highlight the regional variations, with urban centers commanding higher prices than smaller towns.

Understanding Additional Rental Expenses

Beyond the monthly rent, prospective tenants in Vermont should budget for several additional expenses. Security deposits are a common requirement. While Vermont state law does not specify a maximum amount, local ordinances can impose limits; for example, in Burlington, a security deposit cannot exceed one month’s rent. Landlords typically have 14 days to return a security deposit after a tenant moves out, providing an itemized list of any deductions.

Utility costs represent a significant ongoing expense, particularly heating during Vermont’s colder winters. General utilities in the Burlington area for a 1000 sq. ft. apartment can average around $200 per month, with electricity ranging from $40-$80 and heat from $50-$120 depending on the season. Total average monthly utility payments, including gas, electricity, water, and sewer services, are around $324.49 statewide, increasing to approximately $624.49 with internet and phone bills.

Pet fees or deposits are another consideration for tenants with animals. While there is no statewide cap on pet deposits, some local regulations, such as those in Burlington and Brattleboro, limit pet deposits to half a month’s rent. Landlords are legally prohibited from charging pet deposits for assistance animals related to disabilities.

Navigating the Rental Market

Finding a rental property in Vermont often involves utilizing various resources. Online listing sites, local real estate agencies, community bulletin boards, and social media groups can feature listings.

Prospective renters should prepare necessary documentation to streamline the application process. This typically includes proof of income, such as pay stubs or employment verification, and a list of references, which could be previous landlords or employers. Understanding the terms of a lease agreement before signing is important, as it outlines responsibilities regarding rent payments, maintenance, and tenancy duration. The rental market in certain areas, particularly popular urban centers or tourist hubs, can be competitive, necessitating prompt action when suitable properties become available.

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