Herriman Property Management
TRANSPARENCY. STEWARDSHIP. INTEGRITY. INNOVATION. WORK ETHIC.
Overview
Owning a successful rental property requires time, effort, and know-how. With Utah Property Solutions, you gain the benefits of a dedicated team that handles every detail of managing your rental—saving you the frustration and freeing you up to enjoy your investment. As a full-service Herriman property management company, we’re here to help you weigh the advantages and disadvantages of working with property management companies, ensuring you make the choice that’s best for your goals.
Have specific questions? Looking for tailored advice? Our team provides personalized guidance to help you:
- Boost your property’s value
- Attract high-quality residents
- Streamline management processes
Ready to explore how property management can work for you? Schedule a consultation using the form , and let’s maximize your property’s potential together!
schedule a consultation
Owner or Renter?
The Benefits of Using 
- Optimized Investment Strategy
- Transparent Pricing and Operations
- Large Property Advertising Network
- Low Maintenance Costs
- Accurate Financial Reporting
- Stress-Free Management
- Thorough Underwriting & Screening Process
- Legal and Compliance and Risk Management
- Communication Guaranteed
As Your Herriman Property Manager, We Take Care of Everything.
Marketing
Marketing is key to successful rentals. Utah Property Solutions provides an expert market analysis for each property we manage to maximize your return on investment. Details +
Screening
We conduct extensive screening on all tenants and handle everything from moving your qualified tenant into their new home, to rent collection, to handling maintenance issues. Details +
Rent Collection
We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account because we take care of everything so you have to worry about nothing. Details +
Maintenance
We conduct inspections upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner. Details +
Financial Reporting
With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your owner portal to view statements and stay in tune with how your investment is performing. Details +
Eviction Management
In the unfortunate event that a tenant needs to be evicted from your rental, we will cover the cost of a simple uncontested eviction (some restrictions apply) and ensure your investment is protected. Details +
Pricing packages catered to you
Full Service Management Pricing
This industry has many different pricing models, but ours stands out with a 100% commitment to transparency. Take a look at how we’ve structured it!
Learn MoreComprehensive Care Plan
Enhance our Full-Service Property Management with the Comprehensive Care Plan—crafted specifically for investors looking to elevate their approach from property management to true asset management.
Learn MoreGet a free rental analysis today.
you’re protected with our guarantees
Communication matters! We guarantee a response within 1 business day or we’ll credit your next month’s management fee.
Life happens—sometimes residents need to move early, or we miss the mark and place someone who stops paying rent. If either occurs within 6 months of move-in, we’ll place a new tenant at no additional leasing fee.
In the unlikely event of an eviction, we cover associated costs up to $1,000. Average eviction is about $800.
We guarantee an executed lease within 30 days of advertising, or we’ll credit one month’s management fee to your account (excluding November to January).
We will cover up to $2,000 above the standard security deposit for property damage caused by approved pets.
What Our Clients Have To Say
Why Invest in Herriman
About Herriman
To the southwest of Salt Lake City, perched at an altitude of 5,000 feet, is Herriman. Herriman is a rapidly growing city and is considered one of Utah's most desirable places to live due to its mix of civic, residential, retail, and recreational spaces. The heart of the city features a city hall, recreation center, library, and park for all to enjoy. Combine that with the trendy stores and delightful eateries provides residents with a charming community to live, work, and play.
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Investing Insights
An essential factor to consider before investing in Herriman is that it has a fast-growing population. Right now, the population sits around 65,000, growing at a speed of 11.5% annually. In the past decade alone, the population of Herriman has nearly doubled. According to the U.S. Census, Herriman has a median household income of $101k and a poverty rate of 2.7%.
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Pros of Investing in Herriman
Low crime rates, a quiet community primarily made up of residential spaces, and newer than average homes make Herriman a prime spot for an investment property. Herriman is a popular place to live because even though it is quieter than nearby cities, it still has plenty of outdoor entertainment, such as the Blackridge Reservoir. Plus, with only 16% of housing units available to renters, you will get to take your pick from the pool of applicants.
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Cons of Investing in Herriman
Until recently Herriman has been a longer commute compared to other cities surrounding Salt Lake City. This long commute used to mean that you were less likely to get renters who worked in Salt Lake City as your applicant. Because Herriman’s surrounding area is fast growing we have seen an influx in local business providing renters a closer commute to work. Additionally, the cost of living in Herriman is higher than in the surrounding areas regarding healthcare, housing, and transportation, which will further narrow the renting pool. This higher cost of living also translates to a higher cost in rent. This will allow you to rent your property at a higher price, providing you with an excellent investment property.
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Investor Snapshot
Unlike other similar cities near Salt Lake City, Herriman does not have the same drastic flux of median listing price from neighborhood to neighborhood. Rose Canyon is considered the most expensive neighborhood, with a median listing price of $700k. In comparison, Mountain View is regarded as the most affordable, with a median listing price of $365K.
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Herriman Home Prices:
As of April 2021, the Herriman home market is as follow:
- Price Range: $145K to $2.5M
- Median List Price: $440K
- Trending: Herriman has seen a growth of 10.1% year-over-year. According to Zillow, median home prices in Herriman have risen from $334k in 2016 to what we see today.
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Herriman Rental Rates:
As of April 2021, the Herriman rental rates are as follows:
- Price Range: $700-$2,000
- Average Rent: $1,375
- Trending: Herriman has witnessed a 2% year-over-year change since 2020.