Home prices
The median home in Montpelier costs $252,600. In comparison to its surrounding areas it is approximately $97,740 (63%) higher.Compared to the rest of the nation it is roughly $35,100 (16%) higher, and compared to the city of Burlington is approximately $31,900 (11%) lower.
Rents
Montpelier's median rent is $1,021 a month. This is roughly $73 (7%) higher compared to other places in this area.It is roughly $41 (3%) lower in comparison to the rest of the country, and it is approximately $192 (15%) lower compared to the city of Burlington.
Nearby places
Barre
Barre is about 4 miles southeast of Montpelier. Its housing prices are substantially less expensive. The median home in Barre costs $158,300, which is $94,300 (59%) lower than Montpelier. The rent there is substantially less expensive. Barre's median monthly rent is $739, which works out to $282 (38%) lower than Montpelier.
Plainfield
Plainfield is about 6 miles east from Montpelier. The real estate prices there are significantly less expensive. The median home value in Plainfield is $176,600, which comes out to $76,000 (43%) lower than Montpelier. Its rents are a little less expensive. Plainfield's median monthly rent is $945, which is $76 (8%) lower than Montpelier.
South Barre
South Barre is roughly 7 miles southeast from Montpelier. The real estate prices there are a lot less expensive. The median home cost in South Barre is $172,300, which comes out to $80,300 (46%) lower than Montpelier. Rents there are a bit more expensive. In South Barre the median monthly rent is $1,289, which is $268 (20%) higher than Montpelier.
Northfield
Northfield is approximately 7 miles southwest from Montpelier. Housing prices there are a lot less expensive. The price of the median home in Northfield is $150,900, which works out to $101,700 (67%) lower than Montpelier. Its rents are a bit less expensive. Northfield's median rent is $860 a month, which comes out to $161 (18%) lower than Montpelier.
Graniteville
Graniteville is about 8 miles southeast from Montpelier. The real estate prices there are significantly less expensive. The median home in Graniteville costs $116,200, which works out to $136,400 (117%) lower than Montpelier. Its rents are somewhat less expensive. The median rent in Graniteville is $906 a month, which works out to $115 (12%) lower than Montpelier.