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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 $340,025, lower than the the United States average of $419,293.
The average cost of rent is $1,306/mo in Vermont, primarily driven by the current value of real estate in the Vermont area. In Vermont, 26.82% of households rent, and 40.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vermont is $7,155 per month. Households that rent pay about 18.25% of their income on rent here. Vermont’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the state.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby States
- New Hampshire: higher priced homes
- Massachusetts: higher priced homes
- Maine: equally priced homes
- Rhode Island: higher priced homes
- Connecticut: higher priced homes
- New York: higher priced homes
- New Jersey: higher priced homes
- Pennsylvania: less expensive homes
- Delaware: equally priced homes
- Maryland: higher priced homes
States with Similar Populations
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