Mortgage payment estimates, closing cost breakdowns, and homebuying data for Montpelier, Vermont.
Median Home Price
$345K
Population
8K
Avg Monthly Rent
$1,450
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 Montpelier.
Montpelier vs Vermont Median
The median home price in Montpelier is $345,000, which is 9% below the Vermont state median of $380,000.
Mortgage Calculator — Montpelier, VT
Pre-filled with Montpelier median home price and Vermont tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $345K home using Vermont's 1.9% tax rate and $1,100/yr insurance.
5% Down
$2,901/mo
Down: $17,250
Loan: $328K
P&I: $2,072
Tax: $546
Insurance: $92
PMI: $191
10% Down
$2,782/mo
Down: $34,500
Loan: $311K
P&I: $1,963
Tax: $546
Insurance: $92
PMI: $181
20% Down (No PMI)
$2,382/mo
Down: $69,000
Loan: $276K
P&I: $1,745
Tax: $546
Insurance: $92
Income needed (28% rule): $102K/year with 20% down, $119K/year with 10% down.
Rent vs Buy in Montpelier
Rent
$1,450/mo
vs
Buy (10% down)
$2,782/mo
Price-to-rent ratio: 19.8 — A ratio between 15-20 means the rent vs buy decision in Montpelier 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 Montpelier is $345,000, 9% below the Vermont state median of $380,000. With a population of 8,074, Montpelier 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 $345,000 home in Montpelier would carry roughly $546/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 Montpelier is $1,450/month. The price-to-rent ratio in Montpelier is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Montpelier presents moderate affordability. The $345K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Montpelier.