Frequently Asked Questions
How much does it cost to rent a condo in Essex Junction, VT?
The median rent for a condo in Essex Junction, VT is $1,750 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Essex Junction, VT?
To comfortably afford the median rent in Essex Junction, VT, a household needs to earn roughly $76,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,900 per month in Essex Junction, VT, renters typically need to show $5,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Essex Junction, VT?
In Essex Junction, VT, the price-to-rent ratio is 20.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
There are currently 1 condos available for rent in Essex Junction, VT. The median rent is $1,750 per month, with 1-bedroom condos renting at $1,545, 2-bedroom condos at $2,123 and 3-bedroom condos at $1,900.
Number of Condos for Rent
1
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|
Median 1 Bedroom Condo Rent
$1,545
|
Median 2 Bedroom Condo Rent
$2,123
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Median 3 Bedroom Condo Rent
$1,900
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