Median Home Price
$503,702.57
Median Rent
$2,412.21/mo
Price-to-Rent RatioBETTER
17.4
Property Tax RateTIE
1.90%
Price Change (1Y)BETTER
+0.0%
Price Change (5Y)BETTER
+0.1%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$391,682
Median Home PriceBETTER
$380,401.29
Median RentBETTER
$1,325/mo
Price-to-Rent Ratio
23.9
Property Tax RateTIE
1.90%
Price Change (1Y)
-0.7%
Price Change (5Y)
-3.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$344,278
Key Differences
Home Prices
Burlington's median home price of $503,702.57 is higher than Montpelier's $380,401.29 by 32%.
Monthly Rent
Renting in Burlington costs $2,412.21/mo compared to $1,325/mo in Montpelier—a difference of $1,087.21/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.