South Burlington, Vermont Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the South Burlington, Vermont rental market.

South Burlington, Vermont

Average Apartment Rent

$1,916

Y-o-Y Change in Average
Apartment Rent

3.9%

As of March 2026

Compared to a year ago, South Burlington, Vermont apartments have recorded a 3.9% rent increase.

South Burlington, Vermont Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
South Burlington $1,672 $1,724 $1,783 $1,853 $1,835 $1,843 $1,839 $1,895 $1,916
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
South Burlington
National
Jul 2023
$1,672
$1,735
Nov 2023
$1,724
$1,724
Mar 2024
$1,783
$1,729
Jul 2024
$1,853
$1,750
Nov 2024
$1,835
$1,743
Mar 2025
$1,843
$1,749
Jul 2025
$1,839
$1,763
Nov 2025
$1,895
$1,749
Mar 2026
$1,916
$1,750

South Burlington, Vermont Average Apartment Rent

South Burlington, Vermont Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 56.38%, apartments priced $1,500 - $2,000 represent the bulk of South Burlington, Vermont rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.93%.

South Burlington, Vermont Housing tenure**

Renter occupied housing units 3,562
Owner occupied housing units 5,221

Renters take up 41% of South Burlington, Vermont real estate, occupying a total of 3,562 units, while homeowners live in 5,221 properties.

Median number of rooms of renter-occupied housing units**

3.6

Renter median household income**

$63,430

Average household size of renter-occupied housing units**

2.03

Rental vacancy rate**

1.4%

South Burlington, Vermont Renter-occupied housing units by no. of bedrooms**

No bedrooms 198
1 bed 946
2 beds 1,816
3 beds 437
4 beds 89
5 or more beds 76

There are 1,816 rentals in South Burlington, Vermont with 2 beds making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 76 units. Overall, the median number of rooms in South Burlington, Vermont homes for rent is 3.6.

South Burlington, Vermont Renter-occupied units by age of householder**

15 - 24 years 552
25 - 34 years 809
35 - 44 years 681
45 - 54 years 322
55 - 59 years 198
60 - 64 years 261
65 - 74 years 205
75 - 84 years 381
85 years and over 153

Most condos for rent in South Burlington, Vermont are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.

South Burlington, Vermont Renter-occupied housing units by family type**

Family households 1,409
Non-Family Households 2,153

South Burlington, Vermont Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 615
No related children of the householder under 18 2,947

A total of 1,409 apartments for rent in South Burlington, Vermont, or 40% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 615 units. All in all, the median size of a renter-occupied household in South Burlington, Vermont is 2.03.

South Burlington, Vermont Renter-occupied housing units by educational attainment**

Less than high school graduate 103
High school graduate (including equivalency) 550
Some college or associate's degree 844
Bachelor's degree or higher 2,065

In terms of education, renters holding bachelor degrees or higher make up 58% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in South Burlington, Vermont.

South Burlington, Vermont Renter-occupied units by year structure built**

Built 2010 - 2019 918
Built 2000 - 2009 449
Built 1990 - 1999 669
Built 1980 - 1989 684
Built 1970 - 1979 322
Built 1960 - 1969 196
Built 1950 - 1959 75
Built 1939 or earlier 216

The highest share of South Burlington, Vermont apartment rentals, namely 26% or 918 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (19%, 684 units), and the ones Built 1990 - 1999 (19%, 669 units).

South Burlington, Vermont Renter-occupied units by year householder moved in**

Moved in 2021 or later 323
Moved in 2018 to 2020 1,711
Moved in 2010 to 2017 1,158
Moved in 2000 to 2009 312
Moved in 1990 to 1999 58

Median year renter moved into unit 2018

Most South Burlington, Vermont renters (48%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their South Burlington, Vermont condos for rent is 2018.

South Burlington, Vermont Renter-occupied housing units by vehicles available**

No vehicle available 556
1 vehicle available 1,557
2 vehicles available 1,236
3 vehicles available 80
4 or more vehicles available 133

When it comes to transportation options, 44% of South Burlington, Vermont renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 16% have No vehicle available.

South Burlington, Vermont Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,423
Car, truck, or van - carpooled 316
Public transportation (excluding taxicab) 43
Walked 167
Worked at home 538

South Burlington, Vermont Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,178
Moved within same county 1,166
Moved from different county within same state 78
Moved from different state 703
Moved from abroad 52

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all South Burlington, Vermont apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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