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These days, finding an affordable place to live in the Vermont area can be challenging. Home prices in Vermont are now at a median cost of $196,037, lower than the Indiana average of $232,932.
The average cost of rent is $875/mo in Vermont, primarily driven by the current value of real estate in the Vermont area. In Vermont, 9.73% of households rent, and 39.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vermont is $6,379 per month. Households that rent pay about 13.71% of their income on rent here. Vermont’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hemlock, IN: higher priced homes
- Plevna, IN: higher priced homes
- Greentown, IN: equally priced homes
- Kokomo, IN: less expensive homes
- Wawpecong, IN: less expensive homes
- Cassville, IN: less expensive homes
- Oakford, IN: higher priced homes
- Sycamore, IN: higher priced homes
- Guy, IN: higher priced homes
- Phlox, IN: higher priced homes
Cities with Similar Populations
- Mill City, PA: higher priced homes
- Mountain Park, GA: higher priced homes
- Mount Pleasant, MS: higher priced homes
- Mount Meridian, IN: higher priced homes
- Mount Lucas, TX: less expensive homes
- Mount Bullion, CA: higher priced homes
- Moscow, KS: less expensive homes
- Morrisonville, WI: higher priced homes
- Morgan Farm, TX: higher priced homes
- Moran, MI: less expensive homes
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