Real Estate Investing in Orange, Vermont (05649)

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

Orange County • Population: 422 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 05649 (Orange, VT)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.5% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Orange, VT (05649)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $300,674
Avg Monthly Rent $1,233
1% Rule ✗ Does Not Meet
Median Income $95,313
% Renters 17.7%

Market Analysis: 05649 Orange

ZIP 05649 inside Orange County looks affordable on the surface — median value of $301K — but the discount exists for reasons that a careful buyer should understand before committing.

The 05649 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 05649 sits on the difficult end of the VT spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.

Demographically, 05649 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The right play in 05649 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Orange:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+7.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,233/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Lebanon, NH-VT Metro Area
Even conditions for buyers and sellers
52 days
Average time to sell
Average
6.9%
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 Lebanon, NH-VT metro data

Market Trends

Home Value History (with trend line)

$308K$290K$272K$255K$237K$219KFeb 2021Nov 2023Jul 2026

📊 How Does 05649 Compare?

Metric 05649 Orange Lebanon, NH-VT Vermont
Home Value $300,674 $300,674 N/A $387,631
5-Year CAGR 4.5% 4.5% N/A 6.4%
Avg Rent $1,233 $1,233 N/A -
Cap Rate 3.2% 3.2% - -
💡 Why Invest in 05649? 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 05649 (Orange, VT). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 05649 (Orange, VT)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+4.5%
Moderate

📊 Market Snapshot

Home Value $300,674
Monthly Rent $1,233
Price-to-Rent 20.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 7.7%

📈 Home Appreciation

1-Year +7.1% ▲
3-Year CAGR +0.8% ▲
5-Year CAGR +4.5% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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
14.5%
Moderate risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+4.5%
Stable
Eviction process: Slow Rent control: Favorable

Demographics in 05649

Population: 422

💰 Median Household Income
$95,313
This area
$95,313
State
$75,625
USA
$74,580
🏠 Renter Occupied
17.7%
This area
17.7%
State
19.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-24.2%
USA
3.7%
🎓 College Educated
20.6%
This area
20.6%
State
2.9%
USA
33.7%
👤 Median Age
44.8 years
This area
44.8 years
State
11.2 years
USA
38.9 years
🏚️ Vacancy Rate
14.5%
This area
14.5%
State
26.5%
USA
10.5%
👥 Population by Ethnicity
White 95.0%
Other/Mixed 5.0%
Hispanic/Latino 4.2%
👶 Under 18
18.8%
This area
18.8%
USA
22.0%
👴 65 and Over
10.6%
This area
10.6%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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 05649

A Avg School Grade
1 Schools
14.5:1 Avg Class Size
$25,719 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Orange Center School

📚 05 – 08 School
👥
77 Students
👨‍🏫
14.5:1 Class Size
💰
$25,719 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

5 Nearby 3,161 Off-Campus Students
B
Goddard College
263 students · 10.3 mi
D
Vermont College of Fine Arts
223 students · 12.8 mi
D
Vermont State Colleges-Office of the Chancellor
0 students · 12.9 mi
C
Community College of Vermont
5,377 students · 14.2 mi
C
Norwich University
3,274 students · 14.6 mi

Investor Insight: With 3,161 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the typical rental rate in Orange, VT?

Rents in Orange, VT run near $1,233/mo. Compared with median home prices of $301K that produces solid gross yields for typical rentals.

Are landlord laws favorable in Orange, VT?

VT law balanced for landlords, and Orange inherits those rules. Investors should still review local ordinances for rental licensing.

Is housing expensive in Orange, VT?

In Orange, VT the median home value sits at $301K. Against the broader VT market, that reads as reasonable for most investors.

Is Orange, VT a smart market for rental property?

Investors tracking Orange, VT will find a 3.0/5 rating supported by $301K median home values and $1,233/mo rents. That profile suits long-term holders targeting steady returns.

What is the tenant pool like in Orange, VT?

Tenant quality in Orange, VT ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,233/mo.

You know 05649 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 05649 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.

Compare Plans

How 05649 ranks in Lebanon, NH-VT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 05649 (Orange)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 05649 (Orange, VT).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.