Troy, VT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Troy short-term rental market based on reliable data.

Listings

187 / 323

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$35,835

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$319,762

Median Home Sale Price

Top Earners

$72,347

Top-Earners Revenue

Troy

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Troy.

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B

Generally Investor friendly

Troy Regulations

Short-term rentals are explicitly allowed in Troy, VT (Rural, Village, and Commercial‑Residential districts) as conditional uses, but they require administrative review, Board of Adjustment approval, and a public hearing—creating moderate permitting cost/complexity. Taxes and registration are standard (rooms tax and a 3% surcharge, with a state lodging license only for 3+ rooms or food service), and there are no meaningful caps, making compliance manageable but not friction‑free.

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About Troy

Troy is a small rural town in Orleans County in Vermont's remote Northeast Kingdom, with a population of approximately 1,700 residents. Tucked into the rolling hills and forests of northern Vermont, the town has the quiet, woodsy character that defines much of this corner of New England, with a modest village center surrounded by farmland, sugar woods, and the foothills of the Green Mountains. It serves as a peaceful gateway to the Jay Peak area, one of the region's biggest year-round draws, and sits roughly 90 miles northeast of Burlington, Vermont's largest city. The Canadian border at the north end of the state is also only a short drive away, giving the area an international flavor that distinguishes it from the rest of Vermont.

Just a short drive north of Troy, Jay Peak Resort anchors much of the area's tourism economy. The mountain draws skiers and snowboarders in winter with its well-known snowfall and glade skiing, and in the warmer months it shifts to mountain biking, hiking, and the indoor water park at the resort base. The drive from Troy's village center to the resort is roughly twenty minutes along local roads, making the town a feasible base for visitors who prefer quieter, more affordable lodging over staying directly on the mountain.

A short drive east brings visitors to Newport, the shire town of Orleans County, which sits on the southern shore of Lake Memphremagog. The lake, a long glacial body of water that stretches north across the border into Quebec, is popular for fishing, kayaking, paddleboarding, and scenic boat cruises during the summer months. Newport's small waterfront, with its restaurants, marina, and public park, offers a relaxed day-trip destination about fifteen to twenty minutes from Troy.

The surrounding landscape is itself a major draw, with thousands of acres of state and private forest laced with hiking, snowmobile, and cross-country ski trails. The region is also well known for its wildlife viewing, with opportunities to spot moose, deer, and migratory birds, particularly in the early morning and evening hours. Quiet backroads, small swimming holes, and working farmland offer the kind of low-key exploration that visitors to the Northeast Kingdom often seek out.

Troy's combination of small-town quiet, proximity to Jay Peak, easy access to Lake Memphremagog, and a landscape defined by forest, mountain, and water makes it a natural fit for short-term rentals aimed at travelers who want a genuine rural Vermont experience. Visitors can return from a day on the slopes or the lake to a peaceful community well off the main tourist track, which is exactly the appeal that draws so many guests to the Northeast Kingdom in the first place.

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