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These days, finding an affordable place to live in the Draper area can be challenging. Home prices in Draper are now at a median cost of $793,137, higher than the Utah average of $525,914.
The average cost of rent is $2,174/mo in Draper, primarily driven by the current value of real estate in the Draper area. In Draper, 31.38% of households rent, and 26.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Draper is $11,757 per month. Households that rent pay about 18.49% of their income on rent here. Draper’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bluffdale, UT: less expensive homes
- Sandy, UT: less expensive homes
- Riverton, UT: less expensive homes
- Alpine, UT: higher priced homes
- South Jordan, UT: less expensive homes
- Highland, UT: higher priced homes
- Lehi, UT: less expensive homes
- Midvale, UT: less expensive homes
- Herriman, UT: less expensive homes
- Cottonwood Heights, UT: equally priced homes
Cities with Similar Populations
- East Lansing, MI: less expensive homes
- East Hartford, CT: less expensive homes
- Poway, CA: higher priced homes
- Hammond, LA: less expensive homes
- Jamaica Plain, MA: equally priced homes
- New Castle, PA: less expensive homes
- Ocoee, FL: less expensive homes
- Opa-Locka, FL: less expensive homes
- Parkway, CA: less expensive homes
- Lawrence, IN: less expensive homes
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