Rent to own Homes in Draper, UT
Cowabunga! Or more precisely, Cowabunga Bay Waterpark. This place features a full slate of adrenalin pumping water slides, along with a beach, cabanas, and more. With the Wasatch Mountains as a backdrop, it's a great place to get a break from the summer heat.
Draper, UT is a great place for affordable rent-to-own homes! With a median household income of over $112,541 and a median rent of $1,436, the Draper, UT rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Draper, UT. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Draper, UT Property Resources
Rent to own Homes in Cities Near Draper, UT
- Alpine
- Alta
- American Fork
- Bingham Canyon
- Bluffdale
- Bountiful
- Brighton
- Cedar Fort
- Cedar Hills
- Cedar Valley
- Copperton
- Cottonwood Heights
- Draper
- Eagle Mountain
- Emigration Canyon
- Fairfield
- Granite
- Herriman
- Highland
- Holladay
- Kearns
- Lehi
- Lindon
- Magna
- Midvale
- Millcreek
- Murray
- North Salt Lake
- Orem
- Palmyra
- Park City
- Pleasant Grove
- Provo
- Riverton
- Salt Lake City
- Sandy
- Saratoga Springs
- Snyderville
- South Jordan
- South Salt Lake
- Summit Park
- Sundance
- Taylorsville
- Vineyard
- West Jordan
- West Valley City
- White City
- Woods Cross
Neighborhoods in Draper, UT
Draperville rent to own homes Crescent View rent to own homes Eastridge rent to own homes River View rent to own homes South Mountain rent to own homes Suncrest rent to own homes Draper rent to own homes Hidden Valley rent to own homes Mountain Point rent to own homes Corner Canyon rent to own homesPopular Zip Codes in Draper, UT
84020 rent to own homesBuying a Home in Draper, UT
Draper, UT is seeing rapid growth and Draper, UT's' housing market remains not optimal with an average home price that is 138% above the 2024 national average. Draper, UT is part of Salt Lake county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Salt Lake is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Draper, UT
Median Rent in Draper, UT
Top 8 Reasons to Live in Draper
Valuable homes! The average list price for a house in Draper for the period ending March 2014 stood at $407,162, a 2% increase from the year before. That kind of home value can mean a substantial investment for the future. Homes near the mountains are some of the most expensive. A consideration to get your foot in the door might be to try rent to own.
Living Planet Aquarium! It moved from it's old location in nearby Sandy to it's new Draper home with a grand opening in March 2014. On your way home, grab a bite at Wasabi Sushi to put a different spin on the experience.
Outdoor recreation! Draper is on the pathway to all the incredible outdoor locations Utah is famous for. The astounding National Parks of the Utah painted desert areas is just to the south. to west, find the open country of the Great Basin. For those who enjoy discovering what nature has to offer, it's hard to beat.
Apartments with all the amenities! Renting in Draper costs more than most of the Salt Lake City metro area but you get a lot with your monthly payment. Apartments featuring units with a full slate of the best amenities can be found at complexes like Adagio at Corner Canyon or Liberty Hill at South Pointe. Looking at rent to own houses can be a great option too.,
Some of the best snow in the world! The famous Utah powder is so close. Hit the slopes at Snowbird Ski Resort or test the depths of the powder at Alta Ski area. Brighton and Park City are just a little bit further down the road.
Big houses, big lots! The median size of Draper homes listed for sale in the spring of 2014 was a whopping 3,824 square feet. Many of them are on large lots. Rent to own homes can mean a way in to this large market. Some values can be found in neighborhoods around Eastridge Park or Draper Wetlands Park.
Great places to eat! La Hacienda is one of the highest rated Mexican restaurants in the entire area. Thai Land Restaurant brings exotic flavors to your palate. Sweet Home Chicago Pizzeria tempts with deep dish delights.