Provo, Utah Short-Term Rental Market
BMarket Score 84/100
Quick Answer: Provo, Utah is an active short-term rental market. average occupancy is 64%. average monthly revenue is $2,706. average daily rate is $161. the top operator is Carole Andersen with 46 listings. market score is 84/100 (grade B).
Avg Monthly Revenue
$2,706
↑ 11.1% YoY
64%
Occupancy
↓ 0.4% YoY
$161
Avg Daily Rate
↑ 14% YoY
$104
RevPAR
↑ 13.5% YoY
45.4 days avg lead time4.2 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation52
Seasonality94
Investability58
Rental Demand86
Revenue Growth84
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 54% | $124 | $1,957 |
| Feb | 63% | $126 | $2,052 |
| Mar | 66% | $127 | $2,340 |
| Apr | 63% | $122 | $2,035 |
| May | 61% | $121 | $2,059 |
| Jun | 73% | $140 | $2,671 |
| Jul | 75% | $146 | $2,981 |
| Aug | 71% | $139 | $2,773 |
| Sep | 63% | $130 | $2,208 |
| Oct | 62% | $132 | $2,303 |
| Nov | 57% | $124 | $1,889 |
| Dec | 60% | $142 | $2,309 |
Top Short-Term Rental Operators in Provo
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Carole Andersen | 46 | 1,439 | ★ 4.77 |
| 2 | Innkeeper Bnb Management | 44 | 1,371 | ★ 4.89 |
| 3 | Airbnfree | 38 | 519 | ★ 4.95 |
| 4 | Stewart Mountain Lodging | 37 | 1,569 | ★ 4.87 |
| 5 | Evolve | 35 | 1,214 | ★ 4.80 |
What Kind of STR Should I Buy in Provo?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 698 |
| 2 bed | 491 |
| 3 bed | 523 |
| 4 bed | 275 |
| 5 bed | 277 |
ADR by Property Tier
| Entire Home | $176 |
| Luxury | $296 |
| Professionally Managed | $248 |
Revenue by Dwelling Type
| Apartment | $2,103 |
| Entire Place | $2,970 |
| House | $2,995 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 57.8% |
| vrbo | 3.5% |
| both | 38.7% |
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 (Provo)
Typical Home Value
$486,127
Median Sale Price
$470,891
Days to Pending
23
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