Rentometer, Inc. | Data as of 10/23/2025
Montpelier, the capital city of Vermont, blends historic charm with a vibrant, walkable downtown that attracts professionals, students, and families alike. Nestled near the Green Mountains, the city offers easy access to outdoor recreation, cultural venues such as the Vermont State House, local breweries, and the renowned Hubbard Museum of Art. Neighborhoods like Old Mill, the Riverfront District, and the historic South Hill area provide a mix of tree‑lined streets, boutique shops, and convenient transit options, making the area especially appealing for renters seeking a balanced urban‑rural lifestyle.
The rental market in Montpelier is primarily composed of apartments, offering a range of configurations to suit diverse needs. Studio apartments typically start in the low $1100s, while one‑bedroom units are commonly found in the $1300‑$1500 range. Larger two‑ and three‑bedroom apartments often command rents in the $1700‑$1800 bracket, reflecting the demand for spacious family‑friendly housing within the city’s safe, community‑focused neighborhoods. Modern complexes near the downtown core feature amenities such as fitness centers, co‑working spaces, and secure parking, whereas historic buildings in the Old Mill area provide character‑rich living spaces with updated interiors.
Beyond housing, Montpelier’s strong sense of community is reinforced by annual events like the St. Patrick’s Day Parade, farmers’ markets, and a thriving local food scene. Proximity to higher‑education institutions such as the nearby Campus of the Community College of Vermont also contributes to a dynamic rental environment. Whether you’re a young professional drawn to the city’s cultural pulse or a family looking for a friendly, well‑connected neighborhood, Montpelier’s rental market offers a welcoming array of options that cater to a variety of lifestyles.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,120 | $1,150 | $935 - $1,275 | $935 - $1,275 |
Apartment | 1 Bedroom | $1,339 | $1,427 | $740 - $1,550 | $1,350 - $1,500 |
Apartment | 2 Bedroom | $1,695 | $1,800 | $1,275 - $2,000 | $1,450 - $1,950 |
Apartment | 3 Bedroom | $1,721 | $1,475 | $1,290 - $2,400 | $1,290 - $2,400 |
In the current period, the average rent in Montpelier was
$1,120 for Studio,
$1,339 for 1 Bedroom,
$1,695 for 2 Bedroom, and
$1,722 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.