Burlington-South Burlington Fair Market Rent FY 2022 Burlington-South Burlington, VT MSA Rental Data

Fair Market Rent prices in Burlington-South Burlington are very high compared to the national average. This FMR area is more expensive than 96% 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 Vermont 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.

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

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.

50^th Percentile Rental Prices: