Logo Burlington-South Burlington Fair Market Rent FY 2017 Burlington-South Burlington, VT MSA Rental Data

Fair Market Rent Prices in Burlington-South Burlington, VT :
$885 $1,080 $1,395 $1,885 $1,934
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Burlington-South Burlington are very high compared to the national average. This FMR area is more expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Burlington-South Burlington is $1,395 per month.

The previous year, rent for a two-bedroom home was $1,356 per month. This is a 2.88% increase year-over-year.

This FMR rate applies to Sheldon Springs, VT, East Berkshire, VT, Jonesville, VT, Montgomery, VT, Underhill Center, VT, Highgate Springs, VT, Saint Albans Bay, VT, Essex, VT, Isle La Motte, VT, Bakersfield, VT and other cities within the region. The Metro Code or CBSA code for this region is METRO15540M15540.

Additionally, This Fair Market Rent (FMR) area Burlington-South Burlington, VT MSA spans thirty-eight counties or cities in Vermont which ares listed in the table below. Estimated population of Burlington-South Burlington, VT MSA FMR area is 211,261 people based on 2010 Census data.

Compared to the rest of Vermont, the Burlington-South Burlington FMR area is more expensive than 92% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Burlington-South Burlington. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Burlington-South Burlington

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 957
1-BR 1-Bedroom $ 1169
2-BR 2-Bedroom $ 1509
3-BR 3-Bedroom $ 2040
4-BR 4-Bedroom $ 2092
Change Year:

The counties, cities, towns, and regions listed below fall into the Burlington-South Burlington, VT MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Burlington - Plattsburgh.

County / Region Est. Population
Alburgh town, VT Metro 1,998
Bakersfield town, VT Metro 1,322
Berkshire town, VT Metro 1,692
Bolton town, VT Metro 1,182
Buels gore, VT Metro 30
Burlington city, VT Metro 42,417
Charlotte town, VT Metro 3,754
Colchester town, VT Metro 17,067
Enosburgh town, VT Metro 2,781
Essex town, VT Metro 19,587
Fairfax town, VT Metro 4,285
Fairfield town, VT Metro 1,891
Fletcher town, VT Metro 1,277
Franklin town, VT Metro 1,405
Georgia town, VT Metro 4,515
Grand Isle town, VT Metro 2,067
Highgate town, VT Metro 3,535
Hinesburg town, VT Metro 4,396
Huntington town, VT Metro 1,938
Isle La Motte town, VT Metro 471
Jericho town, VT Metro 5,009
Milton town, VT Metro 10,352
Montgomery town, VT Metro 1,201
North Hero town, VT Metro 803
Richford town, VT Metro 2,308
Richmond town, VT Metro 4,081
Shelburne town, VT Metro 7,144
Sheldon town, VT Metro 2,190
South Burlington city, VT Metro 17,904
South Hero town, VT Metro 1,631
St. Albans city, VT Metro 6,918
St. Albans town, VT Metro 5,999
St. George town, VT Metro 674
Swanton town, VT Metro 6,427
Underhill town, VT Metro 3,016
Westford town, VT Metro 2,029
Williston town, VT Metro 8,698
Winooski city, VT Metro 7,267
Zip Codes in Burlington-South Burlington, VT MSA

There are 49 unique zip codes in this Fair Market Rent (FMR) area:

05401, 05402, 05403, 05404, 05405, 05406, 05407, 05408, 05439, 05440, 05441, 05444, 05446, 05447, 05448, 05449, 05450, 05451, 05452, 05453, 05454, 05455, 05457, 05458, 05459, 05460, 05463, 05464, 05465, 05466, 05468, 05470, 05471, 05474, 05476, 05477, 05478, 05479, 05481, 05482, 05483, 05485, 05486, 05488, 05489, 05490, 05494, 05495 and 05676

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