salaryRent is higher than in 75% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs about 5.6 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $86,200 a year. That is $41 an hour at a full-time job.
Is rent cheaper than other Utah cities?
No. Rent here is more expensive than in most of Utah. It is number 79 of 97 cities from cheapest to most expensive.
How much do households earn in Draper?
Share of households by yearly income. 52.3% of households earn $100,000 or more.
Rent by apartment size in Draper
| Size | Draper | U.S. average |
|---|---|---|
| Studio | $1,805 | $1,338 |
| 1 bedroom | $1,786 | $1,324 |
| 2 bedrooms | $1,954 | $1,509 |
| 3 bedrooms | $2,398 | $1,698 |
| 4 bedrooms | $2,824 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Draper overall?
Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Draper, so the Utah figure is shown.
Taxes and bills in Draper
Life in Draper
Is it cheaper to rent or buy in Draper?
Renting is cheaper right now: about $3,290 a month less.
Owning assumes a typical $784,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $78,480 for the down payment.
Frequently asked questions
What is the average rent in Draper, UT?
Renting in Draper costs a median of about $2,155 a month in 2026, including utilities. The Utah median is $1,832.
How much do I need to make to live in Draper?
To keep rent under 30% of income, you need about $86,200 a year, or $41 an hour at a full-time job.
Is Draper cheap or expensive?
Draper is rated Cheap: rent takes 18.6% of the typical household income of $139,029. It ranks 79th cheapest of 97 Utah cities we track.
How much are property taxes in Draper?
The median homeowner in Draper pays $3,858 a year in property taxes, about 0.49% of the median home value.
Is Draper more expensive than the national average?
Overall prices in Utah are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Draper?
The median home value in Draper is $784,800, about 5.6 times the typical yearly household income.
50,278 people live in Draper. Numbers are typical (middle) values.