Commercial Real Estate Market in Rutland, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
41 active listings and 980 off-market properties in Rutland, VT. Commercial property asks $59/SF to buy and $2.74/SF/Yr to lease.
Market Trends
Rutland, VT spans 67.7 square miles in Rutland County, Vermont. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Rutland, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Rutland, VT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Rutland, VT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Rutland, VT asks $134/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.5%
- Open space 14.5%
- Industrial 10.4%
- Commercial 8.7%
- Civic 1.6%
Largest Zones share of zoned land by district
Single Family Residential
Park
Mixed Residential 1
Industrial
Planned Office Park
Rutland, VT zones 4,908 acres across 19 districts. Commercial zoning covers 8.7% of zoned land, residential 62.5%, open space 14.5% and industrial 10.4%. The largest single district is Single Family Residential at 45.1%. For commercial buyers the practical constraint is that only 19.1% of land carries a commercial or industrial designation.
Industrial (I)
Passive 18. Industry, Cottage (D) Conditional Uses (DRB Review) 1. Recreation Facility, Outdoor (E) Accessory Uses and Accessory Structures - See §31-412 and §31-413 for specific guidance. § 31-315 Industrial District (I) (A) There is hereby established an Industrial District hereinafter referred to as I. (B) There are no minimum area and dimension requireme…
Market overview
Demographics & Economy
Rutland, VT has 20,349 residents in 10,528 households. Density runs 300 people per square mile. Median household income here is $58,744 and median gross rent $963 a month.
20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
300
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Rutland?
Commercial property in Rutland, VT asks an average of $59 per square foot. Multifamily carries the highest asking price at $134/SF.
How much does it cost to lease commercial space in Rutland?
Asking lease rates in Rutland, VT average $2.74 per square foot per year.
What zoning applies to commercial property in Rutland?
Rutland, VT zones 4,908 acres across 19 districts, of which 8.7% is commercial and 10.4% industrial. The largest single district is Single Family Residential at 45.1% of zoned land. Residential zoning covers 62.5% and open space 14.5%.
Where does Realmo's Rutland market data come from?
Realmo compiles Rutland, VT figures from 8 recent recorded sales, 36 active sale listings, 5 active lease listings, 980 tracked off-market properties, the current Rutland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 5 active for-lease listings in Rutland, VT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,908 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
