$2,200
Total Monthly Price
- 2 Beds
- 1 Bath
- 986 Sq Ft
- Condo for Rent
B1 Grandview Dr Unit B1, South Burlington, VT 05403
Frequently Asked Questions
How much does it cost to rent a condo in South Burlington, VT?
The median rent for a condo in South Burlington, VT is $2,400 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in South Burlington, VT?
To comfortably afford the median rent in South Burlington, VT, a household needs to earn roughly $97,000 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 $2,425 per month in South Burlington, VT, renters typically need to show $7,275 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 South Burlington, VT?
In South Burlington, VT, the price-to-rent ratio is 17.9, 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.
What neighborhoods in South Burlington, VT are best for renting a condo?
The best neighborhood for renting in South Burlington, VT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Burlington, Riverside, South End, Hill Section and Old North End, each with its own character and price range.
