Salt Lake City, Utah Short-Term Rental Market
CMarket Score 58/100
Quick Answer: Salt Lake City, Utah is an active short-term rental market. average occupancy is 62%. average monthly revenue is $2,591. average daily rate is $154. the top operator is GrandRoad with 91 listings. market score is 58/100 (grade C).
Avg Monthly Revenue
$2,591
↑ 0.4% YoY
62%
Occupancy
↑ 2.6% YoY
$154
Avg Daily Rate
↑ 2.6% YoY
$95
RevPAR
↑ 5.2% YoY
38.3 days avg lead time4.6 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation62
Seasonality74
Investability55
Rental Demand86
Revenue Growth58
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 66% | $159 | $2,919 |
| Feb | 76% | $169 | $3,193 |
| Mar | 73% | $170 | $3,524 |
| Apr | 58% | $128 | $2,105 |
| May | 65% | $119 | $2,136 |
| Jun | 73% | $129 | $2,460 |
| Jul | 72% | $130 | $2,599 |
| Aug | 67% | $126 | $2,380 |
| Sep | 66% | $126 | $2,207 |
| Oct | 61% | $122 | $2,161 |
| Nov | 56% | $113 | $1,694 |
| Dec | 65% | $151 | $2,499 |
Top Short-Term Rental Operators in Salt Lake City
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | GrandRoad | 91 | 6,493 | ★ 4.93 |
| 2 | Evolve | 82 | 2,801 | ★ 4.64 |
| 3 | Landing | 67 | 28 | ★ 3.85 |
| 4 | RedAwning | 58 | 244 | ★ 4.71 |
| 5 | Drew Rothkopf | 57 | 4,737 | ★ 4.75 |
What Kind of STR Should I Buy in Salt Lake City?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 2,745 |
| 2 bed | 1,802 |
| 3 bed | 1,120 |
| 4 bed | 645 |
| 5 bed | 544 |
ADR by Property Tier
| Entire Home | $167 |
| Luxury | $316 |
| Professionally Managed | $210 |
Revenue by Dwelling Type
| Apartment | $2,434 |
| Entire Place | $2,786 |
| House | $2,725 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 56% |
| vrbo | 4.3% |
| both | 39.7% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
Run a Free Address Analysis
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Analyze My Property →Home Value Trends (Salt Lake City)
Typical Home Value
$580,126
Median Sale Price
$599,207
Days to Pending
13
Analyze Salt Lake City Rentals
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