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City Report · VT

Bennington

Pop. 9,245·8th most expensive in Vermont·One of the most affordable rental markets in the US
Median rent (all units)
$1,400/mo
Year-over-Year
Stable
Month-over-Month
+0.9%
vs US Median
-$562
Rising (Monthly)
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Most AffordableMost Expensive
Bennington · $1,400
More affordable than 82% of US cities · National median $1,962/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,400/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$56,000/yr
Local median income
$54,257/yr
Based on the 30%-of-income rule using Bennington's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$1,080
2 BR
$1,240
3 BR
$1,730
4 BR+
$2,010
Fair Market Rent (HUD)
$1,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,400 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$16,800/yr
At $1,400/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Bennington, VT is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 34.5% of residents hold a bachelor's degree or higher.

Population
9,245
Median income
$54,257
Median age
44.5
Renters
45.3%
Age distribution
15.8%
22.2%
21.4%
13.7%
26.9%
Under 1815.8%
18–3422.2%
35–5421.4%
55–6413.7%
65+26.9%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
92.2%
White92.2%
Black0.5%
Hispanic2.6%
Asian1.2%
Other3.5%
Education (25+)
24.9%
32.1%
34.5%
No HS diploma8.5%
HS diploma24.9%
Some college32.1%
Bachelor's+34.5%
Housing tenure
54.7%
45.3%
Owner54.7%
Renter45.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bennington, VT has changed in 5 years

Income
$48,457 → $54,257
up 12.0%
Population
8,772 → 9,245
up 5.4%
Renter share
41.3% → 45.3%
+4.0 pts
Bachelor's+
32.6% → 34.5%
+1.9 pts
Median age
47 → 44.5
-2.5 yrs

On the earnings side, the typical household in Bennington, VT now reports about $54,257, up from $48,457 in 2021. Headcount in the area went from 8,772 to 9,245 between 2021 and 2024, a 5.4% change. About 45.3% of households rent today, against 41.3% in 2021.

Community

Discussions about Bennington

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View Bennington rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bennington on your salary?

At $1,400/mo, how Bennington rent compares to typical pay (30% rule).

By apartment size

Bennington rent by bedroom count

Median rent for each apartment size in Bennington. Click any size for full breakdown.

Local insights

Tips for renters in Bennington

About renting in Bennington, VT

Last updated: August 17, 2026

The median rent in Bennington is $1,400/mo as of August 2026. A studio apartment averages $950/mo while a 2-bedroom runs $1,240/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,730/mo.

At 31% of local median household income ($54,257/yr), Bennington ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Bennington an affordable city for renters?

Bennington is considered moderate for renters. At $1,400/mo, rent takes approximately 31% of the local median household income ($54,257/yr). The standard benchmark is 30%. Bennington slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Bennington?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,400/mo in Bennington. The local median household income is $54,257/yr, meaning the typical Bennington household falls short of that threshold.

Is rent going up or down in Bennington?

Rent in Bennington has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Bennington rent compare to other cities in Vermont?

Bennington is one of the more affordable cities in Vermont for rent, ranking #8 out of 8 tracked cities at $1,400/mo.

What percentage of Bennington residents rent vs. own?

According to Census data, approximately 45.3% of Bennington households are renters, while 54.7% are owner-occupied. Bennington leans toward homeownership, which can mean a smaller rental inventory.

How does Bennington rent compare to the national average?

Bennington's median rent of $1,400/mo is $562 (29%) below the US national median of $1,962/mo. Within Vermont, it ranks #8 out of 8 tracked cities.
Income Affordability
31%
MODERATE

At $1,400/mo, rent takes ~31% of Bennington's median household income ($54,257/yr). The standard benchmark is 30%.

Bennington 31%Benchmark 30%
State income tax3.35–8.75%
Run the Bennington affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bennington, VT

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