Real Estate Investing in Burlington, Vermont (05408)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Chittenden County • Population: 10,199 • Data updated: September 2026

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Should you buy in 05408 (Burlington, VT)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Burlington, VT (05408)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $465,061
Avg Monthly Rent $2,548
1% Rule ✗ Does Not Meet
Median Income $90,522
% Renters 26.7%

Market Analysis: 05408 Burlington

ZIP 05408 in Burlington, VT carries a durable set of headwinds. Home values near $465K and rents of $2,548/mo sit inside a market where underwriting has to be tight.

Rent of $2,548/mo on a $465K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 05408 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in Burlington have seen price recovery that 05408 has not matched. Chittenden County data supports the view that the spread is structural rather than temporary.

In practical terms, 10,199 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Burlington's stable or hybrid ZIPs before stepping into 05408. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Burlington:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
18/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Stable (+0.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,548/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Burlington-South Burlington, VT Metro Area
More inventory, negotiating room for buyers
43 days
Average time to sell
Average
10.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Burlington-South Burlington, VT metro data
🏠

Property Strategy for 05408

Which property type performs best in this market?

Best for Cash Flow
3BR
4.5% cap rate
Best for Appreciation
4BR
+7.3% 5yr CAGR
Best Overall Value
5BR
$117,259/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $404,205 $2,220 4.0% +7.1% $202,103
3BR $453,968 $2,850 4.5% +6.9% $151,323
4BR $532,946 $2,940 4.0% +7.3% $133,236
5BR $586,297 $117,259

Market Trends

Home Value History (with trend line)

$491K$433K$376K$318K$261K$203KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,866$2,796$2,725$2,655$2,584$2,514Apr 2026Jun 2026Jul 2026

📊 How Does 05408 Compare?

Metric 05408 Burlington Burlington-South Burlington, VT Vermont
Home Value $465,061 $344,333 N/A $387,631
5-Year CAGR 4.6% 4.2% N/A 6.4%
Avg Rent $2,548 $2,268 N/A -
Cap Rate 4.3% 3.5% - -
💡 Why Invest in 05408? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 05408 (Burlington, VT). Anonymous, moderated, never written by AI.

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Property managers serving Chittenden County

Manage rentals here? List your business →

Full Circle Property Management, Inc. is a Vermont property management firm. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.3%
Fair
5yr Growth
+4.6%
Moderate

📊 Market Snapshot

Home Value $465,061
Monthly Rent $2,548
Price-to-Rent 15.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.6%
Cap Rate 4.3%
5-Year IRR 8.9%

📈 Home Appreciation

1-Year +0.8% ▲
3-Year CAGR +0.8% ▲
5-Year CAGR +4.6% ▲
10-Year CAGR +6.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.8%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+4.6%
Stable
Eviction process: Slow Rent control: Favorable

Demographics in 05408

Population: 10,199

💰 Median Household Income
$90,522
This area
$90,522
State
$75,625
USA
$74,580
🏠 Renter Occupied
26.7%
This area
26.7%
State
19.3%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-24.2%
USA
3.7%
🎓 College Educated
53.3%
This area
53.3%
State
2.9%
USA
33.7%
👤 Median Age
46.0 years
This area
46.0 years
State
11.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.8%
This area
3.8%
State
26.5%
USA
10.5%
👥 Population by Ethnicity
White 87.9%
Other/Mixed 5.5%
Black/African American 4.9%
Hispanic/Latino 1.8%
Asian 1.7%
👶 Under 18
16.8%
This area
16.8%
USA
22.0%
👴 65 and Over
23.2%
This area
23.2%
USA
17.3%
📊 Poverty Rate
5.5%
This area
5.5%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 05408

A+ Avg School Grade
1 Schools
12.6:1 Avg Class Size
$31,121 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Burlington High School

📚 09 – 12 High School
👥
989 Students
👨‍🏫
12.6:1 Class Size
💰
$31,121 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Edmunds Middle School

📚 06 – 08 Middle
📍 275 Main Street, Burlington
👥
353 Students
👨‍🏫
9.2:1 Class Size
💰
$31,121 Per Student
A+ Excellent

J. J. Flynn School

📚 Pre-K – 05 Elementary
📍 1645 North Avenue, Burlington
👥
310 Students
👨‍🏫
10.4:1 Class Size
💰
$31,121 Per Student
A+ Excellent

Lyman C. Hunt Middle School

📚 06 – 08 Middle
📍 1364 North Avenue, Burlington
👥
329 Students
👨‍🏫
9.0:1 Class Size
💰
$31,121 Per Student
A+ Excellent

Edmunds Elementary School

📚 Pre-K – 05 Elementary
📍 299 Main Street, Burlington
👥
241 Students
👨‍🏫
10.5:1 Class Size
💰
$31,121 Per Student
A+ Excellent

Integrated Arts Academy at H. O. Wheeler

📚 Pre-K – 05 Elementary
📍 6 Archibald Street, Burlington
👥
251 Students
👨‍🏫
9.5:1 Class Size
💰
$31,121 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

6 Nearby 739 Off-Campus Students
C+
Champlain College
3,328 students · 3.6 mi
B
University of Vermont
14,320 students · 3.8 mi
C
Saint Michael's College
1,370 students · 5.2 mi
C+
Advanced Welding Institute
97 students · 6.9 mi
C
O'Briens Aveda Institute
85 students · 8.8 mi
C
Clinton Community College
1,015 students · 13.7 mi

Investor Insight: With 739 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is vacancy a concern in Burlington, VT?

Burlington, VT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the renter demographic in Burlington, VT?

Tenant demand in Burlington, VT is solid. The local workforce $2,548/mo rents across most rental classes.

What are rental rates like in Burlington, VT?

Burlington, VT rentals go for roughly $2,548/mo a month. That puts gross yield in solid territory relative to $465K acquisition costs.

Is Burlington, VT good for landlords?

Rental owners in Burlington, VT deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.

How do experienced investors play Burlington, VT?

Burlington, VT investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($465K prices, $2,548/mo rents) make it a reasonable choice.

You know 05408 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 05408 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 05408 ranks in Burlington-South Burlington, VT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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