ZIP Code · VT

ZIP 05403

Part of South Burlington, VT

Pop. 20,614·Chittenden County·2nd most expensive ZIP in Vermont

Median rent (all units)

$2,497/mo

Year-over-Year

+0.4%

Month-over-Month

-1.2%

vs US Median

+$565

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 05403 · $2,497

More expensive than 80% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,690

1 BR

$1,860

2 BR

$2,410

3 BR

$3,090

4 BR+

$3,190

Research median

$2,410/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($105,616) is $2,640 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,410); a 3-bedroom is $3,090.

Cheaper nearby

ZIP 05404, 4 miles away, rents for 11% less ($2,218/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 05403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$29,964/yr

At $2,497/mo median

Location

CitySouth Burlington

StateVT

CountyChittenden County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (up only 0.4% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.4% YoY, -1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 05403 (South Burlington, VT) is majority owner-occupied, has a median income above the national average, 67.3% of residents hold a bachelor's degree or higher.

Population

20,614

Median income

$105,616

Median age

38.1

Renters

38.6%

Age distribution

19%

25.4%

26.7%

17.7%

Under 1819%

18–3425.4%

35–5426.7%

55–6411.3%

65+17.7%

Gender

48.3%

51.7%

Male48.3%

Female51.7%

Race & ethnicity

78.8%

White78.8%

Black1.9%

Hispanic3.5%

Asian10.3%

Other5.5%

Education (25+)

12.3%

18.6%

67.3%

No HS diploma1.8%

HS diploma12.3%

Some college18.6%

Bachelor's+67.3%

Housing tenure

61.4%

38.6%

Owner61.4%

Renter38.6%

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

2021 vs 2026

How ZIP 05403 in South Burlington, VT has changed in 5 years

Income

$83,943 → $105,616

up 25.8%

Population

19,877 → 20,614

up 3.7%

Renter share

39.7% → 38.6%

-1.1 pts

Bachelor's+

62% → 67.3%

+5.3 pts

Median age

38.6 → 38.1

-0.5 yrs

On the earnings side, the typical household in ZIP 05403 in South Burlington, VT now reports about $105,616, up from $83,943 in 2021. The population has grown by 3.7% since 2021, moving from about 19,877 residents to roughly 20,614. College-educated residents now make up 67.3% of adults here, versus 62% in 2021.

Community

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Local insights

Tips for renters in ZIP 05403

About renting in ZIP 05403

Last updated: October 17, 2026

ZIP code 05403 covers South Burlington, VT. The median rent here is $2,497/mo as of October 2026. A 1-bedroom rents for a median of $1,860/mo. A 2-bedroom rents for a median of $2,410/mo.

At 28% of local median household income ($105,616/yr), ZIP 05403 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 05403?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (about $48/hour full-time) to afford the median rent of $2,497/mo in ZIP 05403. The local median household income is $105,616/yr, so the typical household meets that bar.