Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rutland area can be challenging. Home prices in Rutland are now at a median cost of $180,030, lower than the Vermont average of $260,894.
The average cost of rent is $863/mo in Rutland, primarily driven by the current value of real estate in the Rutland area. While nearly 39.26% of residents own their homes outright in Rutland, 33.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rutland is $5,248 per month. Households that rent pay about 16.44% of their income on rent here. Rutland's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Center Rutland, VT: higher priced homes
- North Clarendon, VT: higher priced homes
- Proctor, VT: equally priced homes
- West Rutland, VT: equally priced homes
- Mendon, VT: higher priced homes
- Chittenden, VT: higher priced homes
- Pittsford, VT: equally priced homes
- Florence, VT: higher priced homes
- East Clarendon, VT: higher priced homes
- Cuttingsville, VT: higher priced homes
Cities with Similar Populations
- Ashland, MA: higher priced homes
- North Canton, OH: equally priced homes
- Okatie, SC: higher priced homes
- Odessa, FL: higher priced homes
- Norwood, OH: equally priced homes
- Norton, MA: higher priced homes
- Northfield, OH: higher priced homes
- North Wilkesboro, NC: less expensive homes
- North Vernon, IN: less expensive homes
- North Palm Beach, FL: higher priced homes
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