{"id":1447,"date":"2017-10-30T13:41:17","date_gmt":"2017-10-30T17:41:17","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1447"},"modified":"2022-11-06T11:00:15","modified_gmt":"2022-11-06T16:00:15","slug":"chittenden-county-rental-prices-continue-to-rise","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2017\/10\/chittenden-county-rental-prices-continue-to-rise\/","title":{"rendered":"Chittenden County Rental Prices Continue to Rise"},"content":{"rendered":"
\"\"
Rents continue to rise in Chittenden County, according to real estate consulting company Allen, Brooks & Minor. For example, the one-bedroom apartment that fetched $888 a month in 2014 can now attract $1,033.<\/figcaption><\/figure>\n

On the higher end, a three-bedroom apartment that cost $1,033 in 2014; now costs $1,855, according to Allen, Brooks & Minor data.
\n\"\"Executive-level apartments<\/a> in expensive complexes \u2014 where exercise and dog washing facilities are included in the monthly rent \u2014 are collecting as much as $2,000 a month.<\/p>\n

Our Realtors<\/a> speculate that high rents could actually make the housing market attractive to potential first-time homebuyers<\/a> who might want to stop paying high rent.<\/p>\n

Also, newly constructed apartment buildings in Chittenden County<\/a> are creating new housing stock<\/a> that will better meet the needs of relocating<\/a> professionals.<\/p>\n

College<\/a> students still dominate the rental market in the Burlington area, and student properties are still moving quickly because they are a continuous source of revenue. With new housing options coming online for students, such as a 315-bed dormitory for Champlain College, demand for off-campus rentals may taper.<\/p>\n","protected":false},"excerpt":{"rendered":"

On the higher end, a three-bedroom apartment that cost $1,033 in 2014; now costs $1,855, according to Allen, Brooks & Minor data. Executive-level apartments in expensive complexes \u2014 where exercise and dog washing facilities are included in the monthly rent \u2014 are collecting as much as $2,000 a month. Our Realtors speculate that high rents … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1447"}],"collection":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/comments?post=1447"}],"version-history":[{"count":3,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1447\/revisions"}],"predecessor-version":[{"id":3871,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1447\/revisions\/3871"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}