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Housing in Vermont

A typical Vermont home is worth roughly $57,000

Typical home value
$57K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$994
IL $5,298

What kind of housing town is Vermont?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.2 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$171,000
Typical Vermont home $57K

That covers a typical Vermont home, with $114K to spare.

The typical home, each month
$380
Loan $280Tax $80Insurance $20

A two-bedroom rents for about $920 a month here, $540 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Vermont’s typical property tax (1.74% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

15 of Vermont’s houses are on the National Register

Half of Vermont’s homes were built before 1943.

History →
Owners and renters
Own 79%Rent 21%

Illinois: 67% own.

1943
typical home built · IL 1971
$994
median property tax bill · IL $5,298
1.74%
of a home’s value, a year in tax · IL 2.01%
Historic houses in Vermont

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.

Renting

A two-bedroom rents for about $920

Renters already here pay a median of $704, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$710
2 bedrooms$920
3 bedrooms$1,270
4 bedrooms$1,320
21%
of households rent · IL 33%
41
renter households
$704
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fulton County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Vermont buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Vermont still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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