Herriman, Utah Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Herriman, Utah rental market.

Herriman, Utah

Average Apartment Rent

$1,719

Y-o-Y Change in Average
Apartment Rent

-1%

As of March 2026

Compared to a year ago, Herriman, Utah apartments have recorded a -1% rent decrease.

Herriman, Utah Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Herriman $1,787 $1,778 $1,742 $1,732 $1,713 $1,746 $1,766 $1,700 $1,719
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Herriman
National
Jul 2023
$1,787
$1,735
Nov 2023
$1,778
$1,724
Mar 2024
$1,742
$1,729
Jul 2024
$1,732
$1,750
Nov 2024
$1,713
$1,743
Mar 2025
$1,746
$1,749
Jul 2025
$1,766
$1,763
Nov 2025
$1,700
$1,749
Mar 2026
$1,719
$1,750

Herriman, Utah Average Apartment Rent

Herriman, Utah Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 47.12%, apartments priced $1,500 - $2,000 represent the bulk of Herriman, Utah rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.41%.

Herriman, Utah Housing tenure**

Renter occupied housing units 2,995
Owner occupied housing units 13,080

Renters take up 19% of Herriman, Utah real estate, occupying a total of 2,995 units, while homeowners live in 13,080 properties.

Median number of rooms of renter-occupied housing units**

4.5

Renter median household income**

$61,452

Average household size of renter-occupied housing units**

2.24

Rental vacancy rate**

2.4%

Herriman, Utah Renter-occupied housing units by no. of bedrooms**

No bedrooms 50
1 bed 197
2 beds 1,315
3 beds 1,173
4 beds 66
5 or more beds 194

There are 1,315 rentals in Herriman, Utah with 2 beds making up the highest share of the market, at 44%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 50 units. Overall, the median number of rooms in Herriman, Utah homes for rent is 4.5.

Herriman, Utah Renter-occupied units by age of householder**

15 - 24 years 485
25 - 34 years 1,030
35 - 44 years 866
45 - 54 years 238
55 - 59 years 45
60 - 64 years 133
65 - 74 years 50
75 - 84 years 148

Most condos for rent in Herriman, Utah are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 35 - 44 years age group (29%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.

Herriman, Utah Renter-occupied housing units by family type**

Family households 1,715
Non-Family Households 1,280

Herriman, Utah Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 839
No related children of the householder under 18 2,156

A total of 1,715 apartments for rent in Herriman, Utah, or 57% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 839 units. All in all, the median size of a renter-occupied household in Herriman, Utah is 2.24.

Herriman, Utah Renter-occupied housing units by educational attainment**

Less than high school graduate 139
High school graduate (including equivalency) 924
Some college or associate's degree 1,084
Bachelor's degree or higher 848

In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Herriman, Utah.

Herriman, Utah Renter-occupied units by year structure built**

Built 2020 or later 147
Built 2010 - 2019 2,154
Built 2000 - 2009 637
Built 1990 - 1999 36
Built 1970 - 1979 21

The highest share of Herriman, Utah apartment rentals, namely 72% or 2,154 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (21%, 637 units), and the ones Built 2020 or later (5%, 147 units).

Herriman, Utah Renter-occupied units by year householder moved in**

Moved in 2021 or later 465
Moved in 2018 to 2020 1,516
Moved in 2010 to 2017 994
Moved in 2000 to 2009 20

Herriman, Utah Renter-occupied housing units by vehicles available**

No vehicle available 356
1 vehicle available 1,491
2 vehicles available 874
3 vehicles available 159
4 or more vehicles available 115

When it comes to transportation options, 50% of Herriman, Utah renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 12% have No vehicle available.

Herriman, Utah Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,772
Car, truck, or van - carpooled 793
Public transportation (excluding taxicab) 47
Walked 94
Taxicab, motorcycle, bicycle, or other means 86
Worked at home 459

Herriman, Utah Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,474
Moved within same county 532
Moved from different county within same state 399
Moved from different state 239

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Herriman, Utah apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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