187 Pearl St
187 Pearl St,
Burlington, VT 05401
$1,750 - $2,800
Studio - 3 Beds
Rental Market Trends in Burlington, VT
What is the average rent in Burlington, VT?
$2,080/month
Average Rent
674 Sq Ft
Average Apartment Size
-1.5%
Decrease in the Last Year
As of April 2026, the average rent in Burlington, VT is $2,080 per month. This is 27% higher than the national average rent price of $1,641/month, making Burlington one of the most expensive cities in the US. When you rent an apartment in Burlington, you can expect to pay about $1,704 per month for a studio, $2,080 for a one-bedroom apartment, and around $1,724 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,470 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Burlington, VT?
In the past year, rent has decreased by 1.5%, which averages out to $31 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Burlington, VT
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
18%
$1,001 - $1,500/month
42%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
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, Church Street Marketplace, Downtown Burlington and Old North 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 $2,080, you’ll want to make about $6,933 per month or $83,196 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 29.1% more expensive than the national average, with rent falling between $1,470 - $2,080. You can expect to pay 5.6% more for groceries, 13.0% more for utilities, and 2.9% 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.
Studio
$1,594/month
-
One Bedroom
$1,694/month
-
Two Bedroom
$1,501/month
-
Three Bedroom
$1,611/month
-
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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 February 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.