Burlington, VT has a population of 42,453, while the median age is 27. The household income in Burlington, VT is around $47,140. The homeownership rate among the residents is 39%. The median residential property value in Burlington, VT that you should keep in mind is $267,500.
Population | 42,453 |
Median Age | 26.7 |
Poverty Rate | 24% |
Household Income | $47,140 |
Number Of Employees | 23,207 |
Median Property Value | $267,500 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $3,332 | -35.5% |
2-bed apartments | $3,610 | -59.8% |
3-bed apartments | $5,838 | -58.7% |
4+ bed apartments | $21,500 | +47.8% |
Over the May 2023, the average rent for an apartment in/near Burlington, VT decreased by 28.9% to $6,353.
The average price for a rental studio in Burlington, VT has remained the same as last month and equals $4,979. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 35.5% to $3,332. Pricing for 2-bed apartment also decreased by 59.8% and a place of this size will now cost you $3,610. 3-bed apartment rent pricing starts at $5,838, it decreased by 58.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 47.8% and made it up to $21,500.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $13,560 | +20.8% |
Condos for rent | $2,683 | -67.4% |
Apartments for rent | $5,169 | -17.9% |
Rooms for rent | $950 | N/A |
The median rent for an apartment in Burlington, VT decreased by 17.9% to $5,169. Statistics show that house rent price increased by 20.8% this month making it up to $13,560. Condos faced an upward trend these days. The median rent for a condo decreased by 67.4%, it’s now available for $2,683. If you’re looking for a room, the price tag still starts at $950. The median price did not change this time.