City Report · UT

Draper

Pop. 50,278·26th most expensive in Utah·Rental market data updated monthly for Draper, UT
Median rent (all units)
$1,729/mo
Year-over-Year
+4.5%
Month-over-Month
-0.8%
vs US Median
-$233
Falling (Monthly)
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Most AffordableMost Expensive
Draper · $1,729
More affordable than 59% of US cities · National median $1,962/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 8% below what Draper's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,729/mo
Expected by trend
$1,885/mo
The Rent Reality Score compares today's median rent to where Draper's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,730
2 BR
$2,080
3 BR
$2,790
4 BR+
$3,190
Fair Market Rent (HUD)
$2,080/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,729 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,748/yr
At $1,729/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.5% YoY, -0.8% MoM), not inventory.
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Demographics

Who lives here

Draper, UT is majority owner-occupied, has a large share of families with children, has a median income above the national average, 51.9% of residents hold a bachelor's degree or higher.

Population
50,278
Median income
$128,910
Median age
34.3
Renters
31.4%
Age distribution
28.7%
22.1%
29.3%
Under 1828.7%
18–3422.1%
35–5429.3%
55–649.9%
65+10%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
79.3%
White79.3%
Black1.8%
Hispanic8.1%
Asian6.3%
Other4.5%
Education (25+)
13.9%
31.7%
51.9%
No HS diploma2.5%
HS diploma13.9%
Some college31.7%
Bachelor's+51.9%
Housing tenure
68.6%
31.4%
Owner68.6%
Renter31.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Draper, UT has changed in 5 years

Rent
$1,298 → $1,729
up 33.2%
Income
$116,977 → $128,910
up 10.2%
Population
49,978 → 50,278
up 0.6%
Renter share
24.2% → 31.4%
+7.2 pts
Bachelor's+
47.4% → 51.9%
+4.5 pts
Median age
33.1 → 34.3
+1.2 yrs

Across the past five years, the going rent in Draper, UT has shifted from $1,298 to $1,729, up 33.2% since 2021. On the earnings side, the typical household in Draper, UT now reports about $128,910, up from $116,977 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has risen from 24.2% to 31.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 47.4% to 51.9% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Draper, UT reflects that arc in its own way.

Community

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View Draper rent history (2015–2026) →
Salary vs rent

Can you afford rent in Draper on your salary?

At $1,729/mo, how Draper rent compares to typical pay (30% rule).

By apartment size

Draper rent by bedroom count

Median rent for each apartment size in Draper. Click any size for full breakdown.

Local insights

Tips for renters in Draper

About renting in Draper, UT

Last updated: August 17, 2026

The median rent in Draper is $1,729/mo as of August 2026. A studio apartment averages $1,490/mo while a 2-bedroom runs $2,080/mo. One-bedroom apartments average $1,730/mo and 3-bedroom units go for $2,790/mo.

At 16% of local median household income ($128,910/yr), Draper ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

Is Draper an affordable city for renters?

Draper is considered very affordable for renters. At $1,729/mo, rent takes approximately 16% of the local median household income ($128,910/yr). The standard benchmark is 30%. Draper falls comfortably within that range.

How much income do you need to rent in Draper?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,729/mo in Draper. The local median household income is $128,910/yr, meaning the typical Draper household meets that threshold.

Is rent going up or down in Draper?

Rent in Draper has increased 4.5% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Draper rent compare to other cities in Utah?

Draper is middle-of-the-pack for Utah for rent, ranking #26 out of 54 tracked cities at $1,729/mo.

Which nearby cities are cheaper to rent in than Draper?

Sandy is nearby and more affordable at $1,684/mo, which is $45 less than Draper.

What percentage of Draper residents rent vs. own?

According to Census data, approximately 31.4% of Draper households are renters, while 68.6% are owner-occupied. Draper leans toward homeownership, which can mean a smaller rental inventory.

How does Draper rent compare to the national average?

Draper's median rent of $1,729/mo is $233 (12%) below the US national median of $1,962/mo. Within Utah, it ranks #26 out of 54 tracked cities.
Income Affordability
16%
VERY AFFORDABLE

At $1,729/mo, rent takes ~16% of Draper's median household income ($128,910/yr). The standard benchmark is 30%.

Draper 16%Benchmark 30%
State income tax4.55%
Run the Draper affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Draper, UT

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