Vermont, known for its natural beauty and small-town charm, offers a variety of affordable places to call home. Whether you're looking to buy a house or rent an apartment, there are several budget-friendly options to consider. In this article, we explore the top eight cheapest places to live in Vermont, highlighting their unique qualities and cost of living. Let's dive in!
Top 8 Cheapest Places To Live In Vermont
- St. Albans
- Barre
- Rutland
- Swanton
- Newport City
- St. Johnsbury
- Bennington
- Springfield
St. Albans
Nestled in the northwest corner of Vermont, St. Albans is an idyllic city with a population of approximately 7,105 residents. This charming community boasts a vibrant downtown area, lined with local shops, restaurants, and historic buildings. St. Albans also offers ample opportunities for outdoor enthusiasts, with nearby Lake Champlain providing a picturesque backdrop for water activities.
The average cost of buying a house in St. Albans is around $190,000, while renting an apartment will set you back an average of $1,000 per month.
Barre
Located in central Vermont, Barre is a city known for its rich history and stunning granite architecture. With a population of around 8,437, Barre offers a tight-knit community feel. Outdoor recreation enthusiasts will appreciate the nearby Groton State Forest, offering opportunities for hiking, fishing, and camping.
The cost of purchasing a house in Barre is quite affordable, averaging around $160,000. Alternatively, renting an apartment in Barre comes with an average monthly cost of $900.
Rutland
Rutland, the third-largest city in Vermont, is a vibrant community with a population of approximately 15,865 residents. This city is steeped in history and boasts a variety of cultural attractions, including the Chaffee Art Center and the Paramount Theatre. Outdoor enthusiasts will find plenty to explore in the nearby Green Mountain National Forest.
The average home price in Rutland is around $180,000, while renting an apartment will cost you an average of $950 per month.
Swanton
Situated in the northwest corner of Vermont, Swanton is a small town with a population of around 2,399 people. Known for its scenic beauty and rural charm, Swanton offers a peaceful and affordable living environment. Outdoor recreation opportunities abound in the surrounding area, with Lake Champlain and Missisquoi National Wildlife Refuge nearby.
The average cost of buying a house in Swanton is around $170,000, while renting an apartment will cost you an average of $950 per month.
Newport City
Located in the northeastern part of Vermont, Newport City is a picturesque community with a population of approximately 4,426 residents. This charming town sits on the shores of Lake Memphremagog, offering stunning views and a variety of water-based activities. Newport City also boasts a vibrant downtown area with local shops and restaurants.
The average price of a house in Newport City is around $160,000, while renting an apartment will set you back an average of $950 per month.
St. Johnsbury
St. Johnsbury, situated in northeastern Vermont, is a historic town with a population of approximately 5,813 residents. Known for its Victorian architecture and cultural institutions like the Fairbanks Museum and Planetarium, St. Johnsbury offers a unique blend of history and modern amenities. Outdoor enthusiasts can explore the nearby Burke Mountain for skiing or enjoy hiking trails in the surrounding area.
The average cost of buying a house in St. Johnsbury is around $170,000, while renting an apartment will cost you an average of $900 per month.
Bennington
Bennington, located in southwestern Vermont, is a vibrant community with a population of around 8,772 residents. This town is rich in history and offers a thriving arts scene, with numerous galleries and art festivals throughout the year. Outdoor enthusiasts can explore the nearby Green Mountain National Forest and enjoy hiking, biking, and skiing.
The average home price in Bennington is around $190,000, while renting an apartment will cost you an average of $1,100 per month.
Springfield
Situated in southeastern Vermont, Springfield is a welcoming community with a population of approximately 4,101 residents. This town offers a variety of recreational activities, including the Crown Point Country Club and the Eureka Schoolhouse. Outdoor enthusiasts will also appreciate the proximity to Okemo Mountain Resort for skiing and snowboarding.
The average cost of buying a house in Springfield is around $160,000, while renting an apartment will set you back an average of $950 per month.
