RentData

Average Rent in Rutland County, VT↑ Rents rising 14.6% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 60,484

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Rutland County, VT has rental prices ranging from $1,170/month to $2,149/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,178/month — 16% below the national average of $1,400/month. With a median household income of $64,778/year, spending $1,178/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.

How Rutland County Compares

With an average 2-bedroom rent of $1,541/month, Rutland County ranks #7 most expensive of the 12 cities tracked in Vermont — pricier than 90% of all US cities in our data.

The Rutland County Rental Market

The Rutland County, VT area has a population of about 60,484 and 27% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Rutland County, VT have risen by $196/month (14.6%) over the past year, from $1,345 to $1,541. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Rutland County, VT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $47,120. The local median household income of $64,778 exceeds that threshold by $17,658, making Rutland County relatively accessible compared to local wages.

Economy & Jobs

Rutland County, VT has an unemployment rate of 2.9%, 1.0 percentage point below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Rutland County's neighborhoods. Among the highest-value areas are Rutland City ($271,215 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2027
Studio
$1,170
Affordable
1 Bedroom
$1,178
Affordable
2 Bedrooms
$1,541
↑14.6% YoY
Affordable
3 Bedrooms
$1,836
Average
4 Bedrooms
$2,149
Average
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Is Rutland County, VT Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$61,640/year
Local median income: $64,778
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,541/month and 20% down on a — home at 7% rate.

Nearby Cities in VTlargest metros in the state

CityStudio1BR2BR3BRHome Value
Burlington$1,550$1,719$2,165$2,733—
Washington County$1,242$1,363$1,783$2,230—
Windsor County$1,322$1,329$1,558$2,038—
Windham County$1,196$1,304$1,605$1,912—
Addison County$1,139$1,293$1,636$1,954—
Bennington County$1,188$1,343$1,503$2,081—

Rent or Buy in Rutland County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Rutland County data

$
Home Value
$350,000
2BR Rent
$1,541/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,541/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Rutland County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Rutland County

Compare rent & home prices by neighborhood

💵Rent Affordability in Rutland County

Salary needed to afford rent here

🗺️All Cities in VT

See how Rutland County ranks statewide

⚖️Compare Rutland County

Side-by-side rent & cost of living with any city

📋VT Tenant Rights

Deposit limits, eviction laws & renters protections