Home prices
The value of the median home in Burlington is $284,500. Compared to nearby areas this is roughly $63,067 (28%) higher.Compared to the US as a whole it is approximately $67,000 (30%) higher.
Rents
In Burlington the median monthly rent is $1,213. In comparison to its nearby areas this is roughly $60 (5%) higher.It is approximately $151 (14%) higher compared to the rest of the country.
Nearby places
South Burlington
South Burlington is Burlington's neighbor to the south. Its real estate prices are a bit more expensive. The cost of the median home in South Burlington is $307,500, which comes out to $23,000 (7%) higher than Burlington. Rents there are a little more expensive. South Burlington's median monthly rent is $1,401, which works out to $188 (13%) higher than Burlington.
Winooski
Winooski is Burlington's neighbor to the east. The real estate prices there are a bit less expensive. The median home in Winooski costs $225,200, which works out to $59,300 (26%) lower than Burlington. The rent there is somewhat less expensive. Winooski's median monthly rent is $1,144, which works out to $69 (6%) lower than Burlington.
Essex Junction
Essex Junction is approximately 4 miles east from Burlington. Its housing prices are pretty similar. The median home price in Essex Junction is $298,200, which is $13,700 (4%) higher than Burlington. Rent there is a bit more expensive. Essex Junction's median monthly rent is $1,313, which comes out to $100 (7%) higher than Burlington.
Shelburne
Shelburne is roughly 7 miles south from Burlington. Its real estate prices are pretty similar. The median home in Shelburne costs $278,600, which is $5,900 (2%) lower than Burlington. Its rents are somewhat more expensive. Shelburne's median monthly rent is $1,349, which is $136 (10%) higher than Burlington.
Willsboro
Willsboro is about 10 miles southwest from Burlington. Its housing prices are significantly less expensive. The median home cost in Willsboro is $121,000, which is $163,500 (135%) lower than Burlington. Rents there are significantly less expensive. In Willsboro the median rent is $821 a month, which works out to $392 (47%) lower than Burlington.
Keeseville
Keeseville is approximately 10 miles west from Burlington. Real estate prices there are significantly less expensive. The median home in Keeseville is valued at $98,100, which comes out to $186,400 (190%) lower than Burlington. Rents there are a lot less expensive. The median monthly rent in Keeseville is $890, which is $323 (36%) lower than Burlington.