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RentData.org Logo Burlington-South Burlington Fair Market Rent FY 2022 Burlington-South Burlington, VT MSA Rental Data

Fair Market Rent Prices in Burlington-South Burlington, VT :
$1,033 $1,163 $1,500 $1,854 $2,034
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Burlington-South Burlington are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Burlington-South Burlington is $1,500 per month.

The previous year, rent for a two-bedroom home was $1,628 per month. This is a 7.86% decrease year-over-year.

This FMR rate applies to Highgate Springs, VT, Underhill Center, VT, Jonesville, VT, East Berkshire, VT, Sheldon Springs, VT, Montgomery, 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 which ares listed in the table below. Estimated population of Burlington-South Burlington, VT MSA FMR area is 216,770 people based on latest Census data.

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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 $ 1114
1-BR 1-Bedroom $ 1254
2-BR 2-Bedroom $ 1617
3-BR 3-Bedroom $ 1999
4-BR 4-Bedroom $ 2193
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
Bolton town, VT Metro 1,355
Buels gore, VT Metro 35
Burlington city, VT Metro 42,455
Charlotte town, VT Metro 3,820
Colchester town, VT Metro 17,310
Essex town, VT Metro 20,900
Hinesburg town, VT Metro 4,510
Huntington town, VT Metro 1,915
Jericho town, VT Metro 5,055
Milton town, VT Metro 10,760
Richmond town, VT Metro 4,130
St. George town, VT Metro 680
Shelburne town, VT Metro 7,675
South Burlington city, VT Metro 18,775
Underhill town, VT Metro 3,055
Westford town, VT Metro 2,020
Williston town, VT Metro 9,340
Winooski city, VT Metro 7,205
Bakersfield town, VT Metro 1,230
Berkshire town, VT Metro 1,710
Enosburgh town, VT Metro 2,760
Fairfax town, VT Metro 4,575
Fairfield town, VT Metro 1,900
Fletcher town, VT Metro 1,425
Franklin town, VT Metro 1,415
Georgia town, VT Metro 4,690
Highgate town, VT Metro 3,625
Montgomery town, VT Metro 1,000
Richford town, VT Metro 2,460
St. Albans city, VT Metro 6,845
St. Albans town, VT Metro 6,350
Sheldon town, VT Metro 2,315
Swanton town, VT Metro 6,520
Alburgh town, VT Metro 1,650
Grand Isle town, VT Metro 2,230
Isle La Motte town, VT Metro 495
North Hero town, VT Metro 970
South Hero town, VT Metro 1,610
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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