What is the average cost of housing in Burlington?
Question & Answer about Vermont
Updated April 29, 2026
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Vermont State Facts
State Flag
Vermont
Capital
Montpelier
State Bird
Hermit Thrush
Statehood
March 4, 1791
State Flower
Red Clover
Population
650,000 (2020)
Answer
The average cost of housing in Burlington, Vermont, as of 2026, reflects a moderate real estate market influenced by its status as the state's largest city and a regional economic hub. Housing prices have been rising steadily due to demand driven by the city's vibrant community, access to Lake Champlain, and proximity to the Green Mountains. The cost varies between buying and renting, with home prices generally higher due to limited inventory and desirable location.
As of April 2026, the median home price in Burlington is approximately $400,000, though prices can range significantly based on neighborhood and property type. Rental costs average around $1,500 to $2,000 per month for a typical one- or two-bedroom apartment. Factors affecting these costs include the city's appeal to professionals, students from the University of Vermont, and retirees, as well as the broader economic conditions in Vermont, which influence affordability and demand.
Key Points:
- The median home price in Burlington is about $400,000 as of 2026.
- Average rent ranges between $1,500 and $2,000 per month for apartments.
- Housing demand is driven by Burlington’s economic and educational appeal.
These figures provide a realistic overview of Burlington’s housing market for prospective residents and investors.
As of April 2026, the median home price in Burlington is approximately $400,000, though prices can range significantly based on neighborhood and property type. Rental costs average around $1,500 to $2,000 per month for a typical one- or two-bedroom apartment. Factors affecting these costs include the city's appeal to professionals, students from the University of Vermont, and retirees, as well as the broader economic conditions in Vermont, which influence affordability and demand.
Key Points:
- The median home price in Burlington is about $400,000 as of 2026.
- Average rent ranges between $1,500 and $2,000 per month for apartments.
- Housing demand is driven by Burlington’s economic and educational appeal.
These figures provide a realistic overview of Burlington’s housing market for prospective residents and investors.
