56 Drew St
56 Drew St,
Burlington, VT 05401
5 Beds | $3,200
Rental Market Trends in Burlington, VT
Updated July 2026
The average rent in Burlington, VT is $2,056/month.
Rent in Burlington is 24% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,056/month
Average Rent
685 Sq Ft
Average Size
-2.4%
Change / Year
1,223
Available Apartments
Burlington rent varies by unit size and layout:
- Studio apartments in Burlington average $1,663 per month.
- One-bedroom apartments in Burlington average $2,056 per month.
- Two-bedroom apartments in Burlington average $1,719 per month.
- Three-bedroom apartments in Burlington average $1,480 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Burlington, VT?
In the past year, rent has decreased by 2.4%, which averages out to $49 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Burlington, VT
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
21%
$1,001 - $1,500/month
39%
$1,501 - $2,000/month
34%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Burlington?
Based on current rent prices, South End, Old North End and Downtown Burlington are the most affordable neighborhoods in Burlington.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Burlington?
Based on current rent prices, Downtown Burlington, Old North End and South End are the most expensive neighborhoods in Burlington.
Neighborhood
Average Rent
Average Sq Ft
Which Burlington neighborhoods have the most rentals available?
The neighborhoods in Burlington with the most apartments available are Old North End, South End and Downtown Burlington .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Burlington, VT?
Because the average rent in Burlington is $2,056, you’ll want to make about $6,853 per month or $82,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Burlington, VT is 13.4% higher than the national average. Generally, housing in Burlington is 28.9% more expensive than the national average, with rent falling between $1,480 - $2,056. You can expect to pay 4.1% more for groceries, 12.7% more for utilities, and 4.2% more for transportation.
How does Burlington, VT compare to other nearby cities and neighborhoods?
Use the tool below to compare Burlington, VT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Burlington Area GuideStudio
$1,282/month
$1,797/month
One Bedroom
$1,619/month
$2,913/month
Two Bedroom
$1,485/month
$3,570/month
Three Bedroom
$1,612/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Burlington We Think You'll Love
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Frequently Asked Questions
What is the average rent in Burlington?
The average rent in Burlington is $2,056 per month, which is 23.6% higher than the national average of $1,663.
What is the average rent for a house in Burlington?
The average rent for a house in Burlington, VT is $3,236 per month.
What is the average rent for a condo in Burlington?
The average rent for a condo in Burlington, VT is $1,591 per month.
Are rents going up or down in Burlington?
Rents in Burlington, VT are decreasing, with prices down 2.4% year-over-year and $49 less per month.
What rent range is most common in Burlington?
In Burlington, VT, 39% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.