State ranking · HUD FMR

Vermont: County Rent Growth

Year-over-year change in 1-bedroom Fair Market Rent across Vermont counties, FY 2025 to FY 2026.

+7.3%
VT avg YoY change
+4.6%
US avg YoY change
+12.9%
Fastest riser - Orange County

What rent growth tells you about Vermont

This page tracks the year-over-year percentage change in HUD's Fair Market Rent for each county in Vermont, comparing the FY 2025 and FY 2026 1-bedroom FMR schedules. FMR is HUD's estimate of the 40th percentile of gross rents (utilities included, except telephone) for each county or metro FMR area, so year-over-year change here reflects HUD's revised sampling of the American Community Survey rent distribution plus a CPI adjustment, not street-level asking rents. The VT state-average 1-bedroom FMR changed by +7.3% from FY 2025 to FY 2026, compared with a national average change of +4.6%, putting Vermont2.7 percentage points above the US pace.

Inside the state, counties rarely move at the same speed. The biggest 1-bedroom FMR increase this year was in Orange County at +12.9% year-over-year. On the other end of the ranking, Addison County saw the smallest change at +1.9%, which is unusual and typically reflects HUD either revising downward after a methodology update or capturing real softening in the sample. Because FMR serves as the anchor for Section 8 Housing Choice Voucher payment standards, local housing authorities set standards between 90% and 110% of FMR, rising counties effectively lift voucher affordability for recipients, while falling counties can tighten the pool of units that accept vouchers at the new standard.

Use this data alongside inflation and wage benchmarks to understand whether rent in Vermont is accelerating, tracking, or falling behind the broader cost-of-living picture. A 1-bedroom FMR growing faster than local wages means more households will cross into the cost-burdened category (paying more than 30% of income for rent). A growth rate running below inflation can signal softening demand, new supply absorbing the market, or HUD's sample lagging true rents. Pair this page with Vermont's rent burden rankings to see which fast-growing counties are also the most burdened, and with the cheapest- and most-expensive-counties rankings to see where growth is changing the overall state picture.

VT Avg Change
+7.3%
FY 2025→2026
US Avg Change
+4.6%
National average
vs National Avg
+2.7 pp
Percentage points above/below US

Biggest Rent Increases in Vermont

Top 20 counties with the largest YoY 1-BR rent increase.

# County FY 2025 FY 2026 Change % Change
1 Orange County $1,034 $1,167 +$133 +12.9%
2 Chittenden County $1,476 $1,651 +$175 +11.9%
3 Franklin County $1,476 $1,651 +$175 +11.9%
4 Grand Isle County $1,476 $1,651 +$175 +11.9%
5 Lamoille County $974 $1,066 +$92 +9.4%
6 Caledonia County $909 $992 +$83 +9.1%
7 Essex County $854 $919 +$65 +7.6%
8 Bennington County $1,069 $1,142 +$73 +6.8%
9 Windham County $1,112 $1,161 +$49 +4.4%
10 Washington County $1,082 $1,129 +$47 +4.3%
11 Orleans County $955 $993 +$38 +4.0%
12 Windsor County $1,127 $1,168 +$41 +3.6%
13 Rutland County $998 $1,026 +$28 +2.8%
14 Addison County $1,103 $1,124 +$21 +1.9%

Biggest Rent Decreases in Vermont

Top 20 counties with the smallest YoY 1-BR rent increase (or biggest decrease).

# County FY 2025 FY 2026 Change % Change
1 Addison County $1,103 $1,124 +$21 +1.9%
2 Rutland County $998 $1,026 +$28 +2.8%
3 Windsor County $1,127 $1,168 +$41 +3.6%
4 Orleans County $955 $993 +$38 +4.0%
5 Washington County $1,082 $1,129 +$47 +4.3%
6 Windham County $1,112 $1,161 +$49 +4.4%
7 Bennington County $1,069 $1,142 +$73 +6.8%
8 Essex County $854 $919 +$65 +7.6%
9 Caledonia County $909 $992 +$83 +9.1%
10 Lamoille County $974 $1,066 +$92 +9.4%
11 Chittenden County $1,476 $1,651 +$175 +11.9%
12 Franklin County $1,476 $1,651 +$175 +11.9%
13 Grand Isle County $1,476 $1,651 +$175 +11.9%
14 Orange County $1,034 $1,167 +$133 +12.9%

Frequently Asked Questions

Where are rents rising fastest in Vermont?
The county with the biggest rent increase in Vermont is Orange County with a +12.9% year-over-year change in 1-bedroom FMR from FY 2025 to FY 2026.
Are rents going up or down in Vermont?
Vermont's average 1-bedroom FMR changed by +7.3% from FY 2025 to FY 2026. The national average change was +4.6%.
What does Fair Market Rent growth mean for renters?
HUD Fair Market Rent (FMR) growth tracks changes in the 40th percentile of gross rents in a housing market. Rising FMR generally indicates tightening rental supply or increasing demand. For Section 8 voucher holders, FMR growth means increased payment standards, expanding housing options.
Which counties in Vermont have the lowest rent increases?
The county with the smallest rent increase (or biggest decrease) in Vermont is Addison County with a +1.9% change from FY 2025 to FY 2026.

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Methodology

Rent growth is calculated as the year-over-year percentage change in 1-bedroom Fair Market Rents (FMR) published by HUD, comparing FY 2025 to FY 2026. FMR represents the 40th percentile of gross rents for standard quality units. Counties with fewer than 5 units of data or zero previous-year FMR are excluded. Individual county data may differ from state averages.