{"id":5504,"date":"2026-02-05T16:12:16","date_gmt":"2026-02-05T21:12:16","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=5504"},"modified":"2026-02-06T10:40:57","modified_gmt":"2026-02-06T15:40:57","slug":"2026-chittenden-county-rental-market","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2026\/02\/2026-chittenden-county-rental-market\/","title":{"rendered":"2026 Chittenden County Rental Market"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/Pond-Skating-at-Arthur-Park-in-Burlington-Vermont.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/Pond-Skating-at-Arthur-Park-in-Burlington-Vermont-1024x576.jpg\" alt=\"\" class=\"wp-image-5505\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/Pond-Skating-at-Arthur-Park-in-Burlington-Vermont-1024x576.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/Pond-Skating-at-Arthur-Park-in-Burlington-Vermont-300x169.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/Pond-Skating-at-Arthur-Park-in-Burlington-Vermont-768x432.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/Pond-Skating-at-Arthur-Park-in-Burlington-Vermont.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n<div data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"7f5a0832d04d06ebe4ca931cfa9cb2e0a1d8e0132a02f8e0a4f528315c7ceef9\" data-playerurl=\"https:\/\/elevenlabs.io\/player\/index.html\" data-projectid=\"XHRl5Ey2RuTv82mBbudL\">\u00a0<\/div>\n<div id=\"elevenlabs-audionative-widget\" data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"7f5a0832d04d06ebe4ca931cfa9cb2e0a1d8e0132a02f8e0a4f528315c7ceef9\" data-playerurl=\"https:\/\/elevenlabs.io\/player\/index.html\" data-projectid=\"XHRl5Ey2RuTv82mBbudL\"><strong>Listen to the 2026 Chittenden County Rental Market Report<\/strong><\/div>\n<div data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"7f5a0832d04d06ebe4ca931cfa9cb2e0a1d8e0132a02f8e0a4f528315c7ceef9\" data-playerurl=\"https:\/\/elevenlabs.io\/player\/index.html\" data-projectid=\"XHRl5Ey2RuTv82mBbudL\">Loading the <a href=\"https:\/\/elevenlabs.io\/text-to-speech\" target=\"_blank\" rel=\"noopener\">Elevenlabs Text to Speech<\/a> AudioNative Player&#8230;<\/div>\n<p><script src=\"https:\/\/elevenlabs.io\/player\/audioNativeHelper.js\" type=\"text\/javascript\"><\/script><\/p>\n\n\n<p>The local rental market has loosened compared to a few years ago. After an extended stretch of extremely low vacancy, a large number of new apartments have come online, giving renters more options and easing pressure on pricing. Demand remains solid, but the market now feels more balanced than it did during the pandemic-era shortage. Growth is still happening, but at a pace that\u2019s closer to normal than what the market saw over the past few years.<\/p>\n\n\n\n<p><strong>2025 Apartment Growth<\/strong><br>2025 stands out as one of the stronger apartment delivery years on record, with just over 570 new units completed by year-end. Most of this supply is already finished or nearing completion, meaning it is actively entering the market. After rental rates rose sharply during the 2020\u20132022 period as extremely low vacancy and construction delays put heavy pressure on the rental market, the influx of new inventory since 2023 has helped slow the pace of rental rate increases.<\/p>\n\n\n\n<p><strong>Vacancy Rates<\/strong><br>Locally, vacancy has risen from historic lows under 1% to the mid-2% to mid-3% range. That\u2019s a noticeable shift, but still a healthy level by long-term standards.<br>Nationally, the same pattern is playing out, as heavy apartment construction has pushed vacancy higher in many markets. The local market remains tighter than many larger metros, but it\u2019s clearly following the broader trend. Bottom line, local vacancy is no longer a crisis-level issue, but it hasn\u2019t swung so far that the market feels oversupplied.<\/p>\n\n\n\n<p><strong>2026 Projected Apartment Growth<\/strong><br>Apartment growth is expected to remain strong in 2026, with roughly 550 new units projected, still well above historical averages. Most are already under construction, making the outlook fairly reliable, with much of the supply expected to come online mid-year and potentially keep vacancy elevated. Beyond 2026, growth becomes less certain and is expected to slow as higher costs, interest rates, and rising vacancy lead some projects to pause or delay.<\/p>\n\n\n<h2 id=\"tablepress-659-name\" class=\"tablepress-table-name tablepress-table-name-id-659\">Typical Rents for Newly Built Apartments<\/h2>\n\n<table id=\"tablepress-659\" class=\"tablepress tablepress-id-659 tablepress-responsive\" aria-labelledby=\"tablepress-659-name\">\n<thead>\n<tr class=\"row-1 odd\">\n\t<th class=\"column-1\">Unit Type<\/th><th class=\"column-2\">General Range<\/th><th class=\"column-3\">Central Tendency<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n\t<td class=\"column-1\">Studio<\/td><td class=\"column-2\">$1,500 - $2,800<\/td><td class=\"column-3\">$1,700-1950 +\/-<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n\t<td class=\"column-1\">1 Bedroom<\/td><td class=\"column-2\">$1,700 - $3,550<\/td><td class=\"column-3\">$1,990 \u2013 $2,400 +\/-<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n\t<td class=\"column-1\">2 Bedroom<\/td><td class=\"column-2\">$2,700 - $5,950<\/td><td class=\"column-3\">$2,400 - $2,900 +\/-<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><\/td><td class=\"column-3\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-659 from cache -->\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Listen to the 2026 Chittenden County Rental Market Report Loading the Elevenlabs Text to Speech AudioNative Player&#8230; The local rental market has loosened compared to a few years ago. After an extended stretch of extremely low vacancy, a large number of new apartments have come online, giving renters more options and easing pressure on &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2026\/02\/2026-chittenden-county-rental-market\/\">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\/5504"}],"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=5504"}],"version-history":[{"count":3,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5504\/revisions"}],"predecessor-version":[{"id":5554,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5504\/revisions\/5554"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=5504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=5504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=5504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}