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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
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 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.

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