Mortgage payment estimates, closing cost breakdowns, and homebuying data for Barre, Vermont.
Median Home Price
$225K
Population
8K
Avg Monthly Rent
$1,120
Property Tax Rate
1.9% *
* Property tax shown is the Vermont state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Barre.
Barre vs Vermont Median
The median home price in Barre is $225,000, which is 41% below the Vermont state median of $380,000.
Mortgage Calculator — Barre, VT
Pre-filled with Barre median home price and Vermont tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $225K home using Vermont's 1.9% tax rate and $1,100/yr insurance.
5% Down
$1,924/mo
Down: $11,250
Loan: $214K
P&I: $1,351
Tax: $356
Insurance: $92
PMI: $125
10% Down
$1,846/mo
Down: $22,500
Loan: $203K
P&I: $1,280
Tax: $356
Insurance: $92
PMI: $118
20% Down (No PMI)
$1,586/mo
Down: $45,000
Loan: $180K
P&I: $1,138
Tax: $356
Insurance: $92
Income needed (28% rule): $68K/year with 20% down, $79K/year with 10% down.
Rent vs Buy in Barre
Rent
$1,120/mo
vs
Buy (10% down)
$1,846/mo
Price-to-rent ratio: 16.7 — A ratio between 15-20 means the rent vs buy decision in Barre depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Barre is $225,000, 41% below the Vermont state median of $380,000. With a population of 8,491, Barre is a smaller market where home prices tend to be more accessible than in many parts of Vermont.
Property taxes in Vermont average 1.9% annually. This higher-than-average tax rate means a $225,000 home in Barre would carry roughly $356/month in property taxes alone — plan accordingly. Homeowners insurance in Vermont runs approximately $1,100 per year. This is within the normal range nationally.
Average rent in Barre is $1,120/month. The price-to-rent ratio in Barre is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Barre offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Vermont's VHFA MOVE Mortgage program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Barre.