States › Vermont › Rutland

Is Rutland, VT expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,21431% lower than U.S. average
💵 Families earn per year (2026)$62,202about $5,184/month · 29% lower than U.S. average
🔑 House price$185,50044% lower than U.S. average

Rutland is the 3rd-largest city in Vermont that we track, with 15,712 residents. Rent is lower than in 75% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 16 minutes.

How much money do I need?

To rent here comfortably, you should earn about $48,560 a year. That is $23 an hour at a full-time job.

Is rent cheaper than other Vermont cities?

Yes. Rent here is cheaper than in most of Vermont. It is number 4 of 13 cities from cheapest to most expensive.

Rutland
$1,214
$1,206
$2,143

How much do households earn in Rutland?

Under $25k
23.6%
$25k–50k
21.8%
$50k–100k
30.7%
$100k–150k
13.6%
$150k+
5.6%

Share of households by yearly income. 19.2% of households earn $100,000 or more.

Rent by apartment size in Rutland

SizeRutlandU.S. average
Studio$1,108$1,338
1 bedroom$1,000$1,324
2 bedrooms$1,197$1,509
3 bedrooms$1,325$1,698
4 bedrooms$1,477$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Rutland overall?

Everyday prices in Vermont overall are 2% below the U.S. average (index 98.0, U.S. = 100).

Housing
87
Goods (food, clothes…)
97
Utilities
126
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Rutland, so the Vermont figure is shown.

Taxes and bills in Rutland

🏛️ Property tax$4,657a year · 2.51% of home value · U.S. $3,119
⚡ Electric bill$128a month (typical) · U.S. $156

Life in Rutland

Commute to work16 minU.S.: 26.4 min
College degree33.4%U.S.: 35.7%
Own their home54.9%U.S.: 65.2%
Below poverty line15.3%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Rutland?

Renting is cheaper right now: about $73 a month less.

Renting
$1,214
Owning
$1,287

Owning assumes a typical $185,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,550 for the down payment.

Frequently asked questions

What is the average rent in Rutland, VT?

Renting in Rutland costs a median of about $1,214 a month in 2026, including utilities. The Vermont median is $1,655.

How much do I need to make to live in Rutland?

To keep rent under 30% of income, you need about $48,560 a year, or $23 an hour at a full-time job.

Is Rutland cheap or expensive?

Rutland is rated OK: rent takes 23.4% of the typical household income of $62,202. It ranks 4th cheapest of 13 Vermont cities we track.

How much are property taxes in Rutland?

The median homeowner in Rutland pays $4,657 a year in property taxes, about 2.51% of the median home value.

Is Rutland more expensive than the national average?

Overall prices in Vermont are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Rutland?

The median home value in Rutland is $185,500, about 3.0 times the typical yearly household income.

15,712 people live in Rutland. Numbers are typical (middle) values.