Similar to other places in this area, it is substantially more expensive compared to the rest of the country. Compared to the city of Salt Lake City however, it is a little more expensive.
Home prices
The cost of the median home in Herriman is $375,100. In comparison to other places in this area this is approximately $4,740 (1%) lower.It is roughly $157,600 (72%) higher compared to the rest of the nation, and compared to the city of Salt Lake City is roughly $60,600 (19%) higher.
Rents
In Herriman the median monthly rent is $1,360. This is about $25 (1%) lower compared to its nearby areas.In comparison to the rest of the country it is about $298 (28%) higher, and compared to the city of Salt Lake City is roughly $375 (38%) higher.
Nearby places
Riverton
Riverton is Herriman's neighbor to the northeast. Real estate prices there are somewhat less expensive. The cost of the median home in Riverton is $349,600, which is $25,500 (7%) lower than Herriman. Its rents are a little more expensive. In Riverton the median rent is $1,584 per month, which works out to $224 (14%) higher than Herriman.
Bluffdale
Bluffdale is Herriman's neighbor to the east. The real estate prices there are a bit more expensive. The median home in Bluffdale costs $485,400, which comes out to $110,300 (22%) higher than Herriman. Rents there are pretty similar. The median rent in Bluffdale is $1,422 a month, which comes out to $62 (4%) higher than Herriman.
South Jordan
South Jordan is Herriman's neighbor to the north. The housing prices there are a bit more expensive. South Jordan's median home price is $405,400, which comes out to $30,300 (7%) higher than Herriman. Rents there are pretty similar. The median monthly rent in South Jordan is $1,418, which is $58 (4%) higher than Herriman.
Copperton
Copperton is approximately 6 miles northwest from Herriman. Its housing prices are substantially less expensive. The median home in Copperton costs $189,800, which works out to $185,300 (97%) lower than Herriman. Its rents are a little less expensive. In Copperton the median rent is $1,086 a month, which comes out to $274 (25%) lower than Herriman.
Draper
Draper is roughly 7 miles east of Herriman. Housing prices there are a bit more expensive. Draper's median home price is $469,000, which comes out to $93,900 (20%) higher than Herriman. Rents there are pretty similar. The median monthly rent in Draper is $1,415, which works out to $55 (3%) higher than Herriman.