The Most Affordable Neighborhoods in East Montpelier, VT by Home Value

 

East Montpelier, VT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Montpelier area can be challenging. Home prices in East Montpelier are now at a median cost of $246,105, lower than the Vermont average of $260,894.

The average cost of rent is $855/mo in East Montpelier, primarily driven by the current value of real estate in the East Montpelier area. While nearly 40.06% of residents own their homes outright in East Montpelier, 13.85% rent.

Housing affordability isn’t just about home prices, though. The average household income in East Montpelier is $5,711 per month. Households that rent pay about 14.98% of their income on rent here. East Montpelier's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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