Cheap Apartments for Rent near Addison, VT from $800 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Addison.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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187 Pearl St
Studio to 3 Bedroom Apartments

187 Pearl St

187 Pearl StBurlington, VT 05401
Student Housing
  • Utilities Included
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Otterside Apartments
1 to 2 Bedroom Apartments

Otterside Apartments

39 Otterside Ct NMiddlebury, VT 05753
  • Utilities Included
property at 105 S Union St

$1,730 - $5,020

1 To 4 Bedroom Rentals

Available Now

105 S Union St

BurlingtonVT05401
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City West
Studio to 2 Bedroom Apartments

City West

157-159 S Champlain StBurlington, VT 05401
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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77 Residences
Studio to 2 Bedroom Apartments

77 Residences

77 Pine StBurlington, VT 05401
  • Utilities Included

Addison, VT Local Guide

Cheapest Available Addison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Addison, VT is a Studio unit found at Quarry Hill Club & Condominiums in the South End neighborhood priced from $1,495. 328 College St in the South End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here is today’s list of the most affordable Addison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
328 College St1 Bedroom1BR,1BA$1,600
Keen's CrossingAsh1BR,1BA$1,697
348 College St1 Bedroom1BR,1BA$1,700
61 North DorsetStudioStudio,1BA$1,700
72 James Way1 Bed 1 Bath1BR,1BA$1,725
Millhouse WestWest 2 Bedroom2BR,1BA$1,750
247PearlOne Bedroom1BR,1BA$1,800
Pines Senior Living1 Bedroom1BR,1BA$1,819
Brook HillStudio, 1 bathStudio,1BA$1,850

Best Value Apartments for Rent in Addison, VT and Nearby

As of August 16, 2026 the best value apartment in the Addison area is the $2.43 price per square foot Two Bedroom Town House Model at Millhouse Terrace in the in the Centennial neighborhood starting from $2,700. The second greatest value Addison apartment is the 2 Bedroom Model at 339 Garden Street Apartments starting at $2,660 with a $2.76 price per square foot . Here is today’s list of the best values for Addison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.43
339 Garden Street Apartments2 Bedroom2BR,2BA$2.76
Mansfield ApartmentsOne Bedroom One Bath1BR,1BA$2.24
2715 Shelburne RdStandard 2 Bedroom2BR,1BA$2.73
79 W Canal StMillhouse Historic2BR,1BA$2.63
Millhouse WestWest 2 Bedroom2BR,1BA$2.32
Keen's CrossingAsh1BR,1BA$2.60
348 College St1 Bedroom1BR,1BA$2.62
Pines Senior Living1 Bedroom1BR,1BA$2.89
61 North DorsetStudioStudio ,1BA$2.83

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Addison Apartments

What is the Cheapest Studio apartment in Addison?

Currently the most affordable Cheap Studio Apartment in Addison is at Quarry Hill Club & Condominiums listed at $1,495.

How much is rent for a Cheap One Bedroom Addison Apartment?

The lowest price for a Cheap One Bedroom Addison Apartment is $1,600 at 328 College St.

What is the lowest price for a Cheap Two Bedroom Addison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Addison is starting from $1,709 at Keen's Crossing.

What is the most affordable Addison Three Bedroom Apartment?

The best deal on a cheap Addison Three Bedroom Apartment rental is at Keen's Crossing and starts from $1,966.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.