Midvale, UT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Midvale short-term rental market based on reliable data.

Listings

119 / 224

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$28,599

Middle-Earners Revenue

Occupancy

77%

Middle-Earners Occupancy

Home Value

$488,525

Median Home Sale Price

Top Earners

$67,865

Top-Earners Revenue

Midvale

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Midvale.

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B

Generally Investor friendly

Midvale Regulations

Midvale explicitly allows STRs citywide with a straightforward rental dwelling unit license under Chapter 5.30, no strict caps are mentioned, and Utah law protects online listing activity. However, ADUs are prohibited from STR operation, investors must obtain licensing and comply with building/safety codes, and the license includes penalty provisions for violations.

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About Midvale

Midvale City is located in the heart of Salt Lake County, Utah, United States. It is part of the Salt Lake City metropolitan area. Midvale's population was 34,124 according to 2019 estimates from the U.S. Census Bureau.Midvale is home to the Shops at Fort Union, located on the East side of the city and the Bingham Junction economic center, located on the west side of the city. Midvale is centrally located in the most populous county in Utah and is bisected by Interstate 15. Interstate 215 serves as the northern boundary of the city's east side. Midvale is one of the few cities in Utah to be home to two direct TRAX lines and three TRAX stations.

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