Burlington, VT Rental Market
Burlington is Vermont's largest city and the cultural, economic, and academic hub of the Green Mountain State, home to the University of Vermont — the state's flagship research university — and a major UVM Medical Center that serves as the regional trauma and specialty care hub for northern New England. Vermont's progressive political culture, exceptional outdoor recreation access (Lake Champlain, ski resorts, Green Mountain trails), and the University of Vermont create a highly desirable quality of life that sustains strong rental demand despite a very constrained housing supply.
Get a rent estimate for an address in BurlingtonAverage Rent in Burlington, VT
$1,700
per month · 2026-06
Market Score
Key Facts — Burlington, VT Rental Market
- Average rent in Burlington, VT:$1,700/mo
- Median rent:$1,564/mo
- Rent range:$850 – $3,750/mo
- Most common rental (2 bedrooms):$1,500/mo
- Active listings:280
- Avg days to lease:29 days
- Year-over-year change:+3.5%
- Median home value:$420,000
- Est. gross annual yield:4.9%
- Data as of:2026-06
Rent by Bedroom in Burlington, VT
Average monthly rent for each bedroom type based on current active listings in Burlington.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,225/mo |
2 Bedrooms | $1,500/mo |
3 Bedrooms | $1,900/mo |
4 Bedrooms | $2,350/mo |
5 Bedrooms | $2,675/mo |
Burlington Rental Market Statistics
Key indicators from the current Burlington, VT rental market.
280
Available now in Burlington
29
From list to lease
$1.33
Average across listings
1,275 sq ft
Typical rental size
$850 – $3,750
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Burlington, VT Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$420,000
Typical purchase price in Burlington
Est. Gross Annual Yield
4.9%
Before expenses & vacancy
Avg Monthly Income
$1,700
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Burlington for a full cash-flow breakdown including all costs.
Burlington, VT Rental Market FAQ
Common questions about renting and investing in Burlington, VT.
What is the average rent in Burlington, VT?
The average rent in Burlington, VT is $1,700 per month as of 2026. One-bedroom apartments average $1,225/mo, two-bedrooms average $1,500/mo, and three-bedroom homes average $1,900/mo. The Hill Section near UVM and the Church Street Marketplace area command the highest rents, while the South End arts district and New North End offer slightly more affordable options. Burlington's small city size (45,000 people) means limited inventory across all categories.
Is Burlington, VT a good place to invest in rental property?
Burlington offers a 4.9% estimated gross annual yield — reflecting high median home values near $420,000. The University of Vermont's 13,000+ students and UVM Medical Center's large clinical workforce provide the two core tenant demand drivers. Burlington's chronically limited housing supply — constrained by geography (Lake Champlain to the west, hilly terrain surrounding the city) and progressive permitting — keeps vacancy extremely low and supports consistent rent appreciation.
How competitive is the Burlington, VT rental market?
Burlington is Vermont's most competitive rental market, averaging 29 days on market with only about 280 active listings — a very small inventory for a regional hub. UVM's academic calendar creates a sharp August demand surge, and quality properties anywhere near campus or downtown routinely receive multiple applications within days. Burlington's constrained supply means even moderately maintained properties achieve low vacancy. Investors must accept limited inventory when seeking acquisitions.
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