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Fair Market Rent Prices in Burlington-South Burlington, VT :
$1,139 $1,238 $1,615 $1,982 $2,170
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 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Burlington-South Burlington is $1,615 per month.

The previous year, rent for a two-bedroom home was $1,500 per month. This is a 7.67% increase 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 219,764 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 $ 1220
1-BR 1-Bedroom $ 1326
2-BR 2-Bedroom $ 1730
3-BR 3-Bedroom $ 2123
4-BR 4-Bedroom $ 2324
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 7,320
Williston town, VT Metro 9,884
Westford town, VT Metro 2,328
Underhill town, VT Metro 3,086
South Burlington city, VT Metro 19,359
Shelburne town, VT Metro 7,703
St. George town, VT Metro 704
Richmond town, VT Metro 4,129
Milton town, VT Metro 10,912
Jericho town, VT Metro 5,032
Huntington town, VT Metro 1,850
Hinesburg town, VT Metro 4,549
Essex town, VT Metro 21,672
Colchester town, VT Metro 17,256
Charlotte town, VT Metro 3,817
Burlington city, VT Metro 42,645
Buels gore, VT Metro 24
Bolton town, VT Metro 1,144
Swanton town, VT Metro 6,542
Sheldon town, VT Metro 2,436
St. Albans town, VT Metro 6,488
St. Albans city, VT Metro 6,796
Richford town, VT Metro 2,572
Montgomery town, VT Metro 1,000
Highgate town, VT Metro 3,647
Georgia town, VT Metro 4,757
Franklin town, VT Metro 1,586
Fletcher town, VT Metro 1,094
Fairfield town, VT Metro 2,258
Fairfax town, VT Metro 4,765
Enosburgh town, VT Metro 2,783
Berkshire town, VT Metro 1,369
Bakersfield town, VT Metro 1,182
South Hero town, VT Metro 1,636
North Hero town, VT Metro 1,018
Isle La Motte town, VT Metro 450
Grand Isle town, VT Metro 2,138
Alburgh town, VT Metro 1,833
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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