Salt Lake City, UT

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Salt Lake City short-term rental market based on reliable data.

Listings

2978 / 6941

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$28,801

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$557,482

Median Home Sale Price

Top Earners

$61,038

Top-Earners Revenue

Salt Lake City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Salt Lake City.

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D

Unfriendly to Investors

Salt Lake City Regulations

Short‑term rentals under 30 days are prohibited in residential zones and treated as lodging uses, which are generally not permitted; viable under‑30‑day operation requires costly and uncertain zoning verifications, DRT review, business licenses, and building/fire inspections—creating a high‑friction, deter‑ring environment for investors.

View Salt Lake City Regulations →

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About Salt Lake City

Salt Lake City, the capital and most populous city in Utah, has a population of approximately 200,000 people. Located in the northern part of the state, it is about 40 miles from Provo and 300 miles from Las Vegas. This city is renowned for its picturesque setting, surrounded by the Great Salt Lake and the Wasatch Range, which provide both scenic beauty and abundant outdoor recreational opportunities.

Salt Lake City is especially appealing for short-term rentals due to its vibrant cultural scene and numerous landmarks. The city's most iconic site is the Salt Lake Temple (https://www.churchofjesuschrist.org/temples/details/salt-lake-temple),,) located in Temple Square, which attracts millions of visitors each year. Another major attraction is the Utah State Capitol (https://utahstatecapitol.utah.gov/),,) known for its stunning architecture and panoramic views of the city.

For nature enthusiasts, the Red Butte Garden and Arboretum (https://redbuttegarden.org/)) offers a diverse collection of plants and beautiful walking trails. Additionally, the Great Salt Lake (https://stateparks.utah.gov/parks/great-salt-lake/)) itself is a unique natural attraction, perfect for bird watching and water-based activities like sailing.

Sports fans can enjoy events at the Vivint Arena (https://www.vivintarena.com/),,) home to the NBA's Utah Jazz, and Rice-Eccles Stadium (https://stadium.utah.edu/),,) which hosts University of Utah football games.

Given its proximity to world-class skiing and other winter sports, especially in areas like Park City and Snowbird (https://www.snowbird.com/),,) Salt Lake City also becomes a bustling hub during the winter months.

With such diverse attractions and activities, Salt Lake City presents itself as an attractive destination for those seeking short-term rental opportunities, whether for leisure, business, or outdoor adventure.

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