Homes Under $300,000 in Draper, Utah
Finding a home under $300K in Draper takes some strategy. This is a city bumping against the Traverse Mountains where standard single-family homes routinely list in the $600K-$900K range, so anything under $300K is going to be an attached property: a condo or townhome in developments like Draper Peaks, SunCrest's lower-priced units, or older complexes near Pioneer Road and 12300 South. You'll also see age-restricted or smaller-footprint units pop up near the Draper FrontRunner station, which matters if you commute into Salt Lake City or down to the Silicon Slopes tech corridor in Lehi and American Fork. Inventory at this price point moves fast and is thin most months, often under a dozen active listings citywide.
Buyers at this price are usually trading square footage and a yard for location — Draper still puts you minutes from the Point of the Mountain, Corner Canyon trails, and easy freeway access via I-15 and the 151st South interchange, without the drive time of cheaper options in Herriman or Eagle Mountain. HOA dues are worth scrutinizing closely here since many of these complexes carry $250-$450 monthly fees that cover roofs, exteriors, and sometimes water. Expect 1-2 bedroom units built in the 1990s through mid-2000s rather than new construction, since almost nothing new gets built in Draper below $300K anymore. Browse the active listings below to see what's currently on the market.
July 2026 · Draper market
Live from the Utah MLS — what's actually happening in Draper right now.
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Active listings
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Common questions
About homes under $300k in Draper.
What kind of homes can I actually get in Draper under $300K? ▾
Almost exclusively condos and townhomes, plus a few manufactured homes in the older 12300 South corridor. Expect 1-2 bedrooms, 700-1,200 square feet, and HOA dues in the $150-$300/month range. Detached single-family homes on their own lot in Draper rarely list below $450K anymore.
Which Draper neighborhoods have the most sub-$300K inventory? ▾
The condo complexes along Pioneer Road, 1300 East, and near the Draper Town Center TRAX station produce the most listings in this range. SunCrest, Suncrest Ridge, and anything east of I-15 on the bench are well above this price point.
Are HOA fees a big factor at this price? ▾
Yes — since almost everything under $300K is attached housing, HOA dues are part of every offer. Most Draper condo HOAs cover exterior maintenance, landscaping, trash, and sometimes water. Read the HOA financials and reserve study before closing; a healthy reserve fund matters more than the monthly number.
How fast do homes under $300K sell in Draper? ▾
Quickly. Entry-level condos in Draper typically go under contract within 3-10 days, often with multiple offers when priced right. Having a lender letter ready and the ability to tour within 24 hours of a new listing is usually what wins.
Will FHA and VA loans work in Draper condo complexes? ▾
Some complexes are FHA/VA approved and some aren't — it depends on owner-occupancy ratios, HOA litigation status, and reserve funding. Before writing on a condo, have your lender pull the project approval status. Conventional financing with 3-5% down is the safer bet in unapproved projects.
Is it smarter to buy a small Draper condo or a larger home in Riverton or Bluffdale at this price? ▾
Depends on commute and lifestyle. Under $300K in Riverton or Herriman can sometimes get you a townhome with a small yard, while Draper at the same price buys location and TRAX access. If you work in Silicon Slopes or downtown SLC and want transit, Draper wins; if you need square footage and a garage, look slightly south or west.