4 Most Affordable Places to Live in Vermont in 2024

by
Updated on October 9th, 2024

Reading Time: 3 minutes

Maple syrup and the Green Mountains, picturesque countryside and quaint villages, New England charm and outdoor recreation during the snowy winters, there is a long list of things to love about Vermont. The state’s sense of community, natural beauty, and local charm might just convince you to buy or rent a home in Vermont.

So if you’re considering living somewhere in Vermont then chances are you also have a budget you’re hoping to stay under in your home or apartment search. When it comes to buying a home in Vermont the median home sale price is $421,400. 

If that price is out of your budget, don’t worry, we’ve got options to help you find a home. Redfin has collected 4 of the most affordable places to live in Vermont. And the best part is that they all have a median home sale price under the state’s average. From Bennington to Rutland, let’s jump in and see what cities are on the list.

vermont-autumn

Deciding between renting or buying your next home? Explore your options.

Compare the costs of renting vs buying and find a lender to secure your mortgage.

Deciding between renting or buying your next home?

Compare the costs of renting vs buying and find a lender to secure your mortgage.
#1: Rutland

Median home price: $233,000
Average sale price per square foot: $157
Median household income: $48,182
Nearest major metro: Albany, NY (70 miles)
Rutland, VT homes for sale
Rutland, VT apartments for rent

Our first spot goes to Rutland where about 15,800 residents currently live. The median home sale price is $233,000 which is about $90K less than the median home sale price in Vermont. If you find yourself moving to the most affordable place to live in Vermont, make sure to hike, mountain bike, and explore the expansive Pine Hill Park, explore the nearby Aitken State Forest, and check out the local restaurants downtown.

#2: Bennington

Median home price: $258,000
Average sale price per square foot: $169
Median household income: $46,460
Nearest major metro: Albany, NY (40 miles)
Bennington, VT homes for sale
Bennington, VT apartments for rent

With a median home sale price of $258,000, Bennington lands the second spot on our list as the most affordable place to live in Vermont. About 15,300 people live in this city and is roughly 40 miles from the nearest metropolitan city, Albany, NY. If you’re considering moving to this area make sure to stop by the Bennington Battle Monument where you can see Vermont, New York, and Massachusetts from the observation deck, hike White Rocks, or explore the charming downtown area. It’s also one of the best mountain towns in Vermont to live in.

Bring the holidays home with Redfin Redesign

Claim your home to create your ideal holiday space with garlands, lights, and festive touches, or use Redesign on any Redfin listing!

barn and autumn trees in vermont

#3: Brattleboro

Median home price: $266,000
Average sale price per square foot: $207
Median household income: $36,090
Nearest major metro: Springfield, MA (30 miles)
Brattleboro, VT homes for sale
Brattleboro, VT apartments for rent

Taking third place on our list of affordable cities to live in Vermont is Brattleboro. When living in this city of 12,200 people, you can check out landmarks like the Retreat Tower and the Creamery Covered Bridge. Make sure to hike the Retreat Tower Trail, and stroll through downtown where you’ll find charming restaurants, museums, and views of the Connecticut River.

House hunting made easy

#4: Milton

Median home price: $366,000
Average sale price per square foot: $242
Median household income: $108,913
Nearest major metro: Burlington (17 miles)
Milton, VT homes for sale
Milton, VT apartments for rent

The fourth and final city is Milton, which has a median home sale price of $366,000 and about 10,700 residents. Milton is a cozy town with plenty to do. For example, you can enjoy the views along the Lamoille River Walk, stop by the Milton Historical Society, spend the day at Sand Bar State Park, or hike at the Eagle Mountain Natural Area, 

Methodology: All cities must have over 10,000 residents per the US Census and have a median home sale price under the average median home sale price in Vermont. Median home sale price and median sale price per square foot from the Redfin Data Center during July 2024. Average rental data from Rent.com August 2023. Population and median household income data sourced from the United States Census Bureau.

If you are represented by an agent, this is not a solicitation of your business. This article is for informational purposes only, and is not a substitute for professional advice from a medical provider, licensed attorney, financial advisor, or tax professional. Consumers should independently verify any agency or service mentioned will meet their needs. Learn more about our Editorial Guidelines here.
Alison Bentley

Alison Bentley

Alison is part of the Content Marketing team as a Content Marketing Manager. In her 5 years at Redfin, Alison has written a variety of articles ranging from home design tips to housing affordability. A California-native, Alison currently resides in Seattle where you can find her catching a concert or exploring farmers’ markets. Her dream home is a cottage-style house with a chef’s kitchen and a cozy room to store and play vinyl records.

Connect with Alison

Find the right loan for the home you love

Find the right loan for the home you love

Popular homes for sale

Home Image
$699,900
3 beds, 2 baths, 1406 sq ft
10345 Blucher Ave, Granada Hills, CA
Home Image
$599,000
3 beds, 2.5 baths, 2226 sq ft
9616 SW 12th Dr, Portland, OR
Home Image
$985,000
5 beds, 3.5 baths, 2484 sq ft
50 Florida Ave NW, Washington, DC
Home Image
$1,798,998
2 beds, 3 baths, 3496 sq ft
767 Bryant St #203, SAN FRANCISCO, CA
Home Image
$1,500,000
5 beds, 4.5 baths, 3790 sq ft
603 Spurlock Vly, West Lake Hills, TX

Browse homes you'll love

Start your home search on Redfin
Scroll to Top